Sindh government unveils fiscal year 2018-19 budget

KARACHI: The Sindh Government on Thursday unveiled the provincial budget for the fiscal year 2018-19 with a three-month time frame, Newsone reported.


Chief Minister Murad Ali Shah, who also holds the portfolio of finance minister, presented the budget with a total outlay of Rs11.20 billion during a special session of the provincial assembly.

According to details shared, Rs350 billion allocated for Annual Development Programme, allocation of Rs105 billion has been approved for security and Rs72 billion for local government affairs.

Moreover, Karachi gets Rs1.3 billion for repair work on roads in Landhi and Korangi areas, the same amount allocated for Tipu Sultan Intersection Flyover and connecting roads and Rs4 billion reserved to complete the K-IV water project that is aimed at overcoming the city’s acute water shortage.

“2018 budget is totally different from last five years budget” said Murad Ali Shah.

CM Sindh said that no terrorist activity has been reported in Karachi this year, adding that the darkest night of terrorism has been eliminated from the metropolis.

This is the 6th provincial budget passed by the Pakistan People’s Party provincial government with a total outlay of 1.2 trillion rupees.

Opposition parties in the Sindh Assembly chanted slogans of “Hakumat Corrupt hai” (Government is corrupt) during the budget session and tore up the copies of agenda.

On April 27, the ruling Pakistan Muslim League-Nawaz (PML-N) became the country’s first political party to announce six budgets in its tenure amid opposition protests calling for a budget covering only the remaining three months of the federal government’s tenure.


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