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Article: Rs. 267.764 bn. for Sindh budget.(PROVINCIAL BUDGET 2008-09)
- Article from:
- Economic Review
- Article date:
- June 1, 2008
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The Rs.267.764 billion Sindh budget for the fiscal year 2008-09, presented by Chief Minister Qaim Ali Shah in the Sindh Assembly on Monday, shows a revenue deficit of Rs.14.019 billion, total outlay of around Rs.33.274 billion higher than the current fiscal's revised budget estimates of Rs.234.49 billion. Presenting the budgetary proposals, the Chief Minister made no secret of this in accordance with the federal government decision, his government had also decided to raise the salaries of government employees by 20 percent, noting that it would entail an additional burden of Rs.10 billion on the budget. Again, saying that being fully aware of such big deficit decision in ...