BR100 Increased By (1.77%)
BR30 Increased By (1.96%)
KSE100 Increased By (1.59%)
KSE30 Increased By (1.65%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)

The Azad Jammu and Kashmir (AJK) legislative Assembly (LA) Sunday passed Rs 108 billion budget for fiscal year 2018-19 unanimously rejecting a number of cut motions presented by some members. The house passed 53 demands for grants (32 of recurring expenditures and 21 for development schemes), moved one by one by Finance Minister Dr Najeeb Naqi besides giving approval of revised estimates for current fiscal year ending June 30.
In the budget 2018-19, an amount of Rs 82.7 billion has been allocated for recurring expenditures while development schemes of annual development program (ADP) has been estimated Rs 25.5 billion rupees. In the recurring expenditures, Rs 2604 million has been allocated for general administration, Rs 860.2 million for board of Revenue, Rs 176 million stamp duty, Rs 293 million for revenue expenditures, Rs 9871 million for rehabilitation and Rs 17 billion has been allocated for payment of pension to retired employees. An amount of Rs 1380 million has been allocated for public relations department, Rs 14294 million for administration of justice, Rs 53787 million for Police department, Rs 1871.3 million for prisons department, Rs 1442 million for civil defence and Rs 6975 million has been allocated for armed services board department.
The house approved a demand for grant of Rs 35940 million for recurring expenditures of Public building and Roads construction department, Rs 25.3 billion for education department, Rs 85060 million for health department, Rs 757 million for Sports, Rs 1599 million for religious affairs department and Rs 2993 million has been allocated for social welfare department. Rupees 7077.4 million have been allocated for agriculture department, Rs 6796 million for Livestock department, Rs 2348.54 million for food department, Rs 1.16 billion have been allocated for non-development expenditures of state trading, Rs 9828 million for Forest department and Rs 612.8 million for cooperative department.

Copyright Associated Press of Pakistan, 2018

Comments

Comments are closed for this article.