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The Baluchistan budget.(PROVINCIAL BUDGET 2008-09)
- Article from:
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Economic Review
- Article date:
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June 1, 2008
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Copyright informationCOPYRIGHT 2008 Economic and Industrial Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The first budget (Rs.71.19 billion for financial year 2008-09) of the new coalition government of Balochistan presented by Finance Minister Asim Kurd Gailu, was also the province's first tax-free budget though punctuated by a deficit of Rs.8.80 billion. Cash starved as Balochistan has always remained, notwithstanding its tremendous richness in huge natural resources, it will be somewhat comforting for the people of the province to learn that Prime Minister Syed Yousuf Raza Gilani has promised to provide a Rs.3 billion special grant from his discretionary fund, as revealed by the Finance Minister in his budget speech. With this grant, as the minister pointed out, the deficit ...
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