More than 44 billion rupees have been earmarked for the health department, while 12 billion rupees have been set aside for mega projects in Karachi.
CM Murad Ali Shah said that the economy of the world was also suffering from slowness and the government is trying to control the situation caused by climate change. It faced many crises in the last 5 years and faced other challenges including Corona flood.
In Sindh’s budget of 2 trillion and 244 billion rupees, 20 billion rupees have been earmarked for health and 160 billion rupees for rain and flood victims and 410 billion rupees for development budget.
Murad Ali Shah said that he is grateful to the federal government that the revised estimate of development expenditure is 406.322 billion rupees for the people of Sindh, while 226 billion rupees for provincial ADP and 20 billion external assistance for district ADP. 147.822 billion rupees have been allocated for the projects of PSDP and 12.5 billion rupees have been allocated for PSDP projects.
The provincial ADP 23-2022 budget includes 4158 projects, Rs 253.146 billion has been earmarked for ongoing projects and Rs 79.019 billion has been estimated for 1652 new schemes.
In terms of development expenditure, 689.603 billion rupees have been proposed, while 380.5 billion rupees have been earmarked for provincial ADP, 30 billion rupees for district ADP, 266.691 billion rupees for external assistance projects and 22.412 billion rupees for federal PSDP. are.
Provincial development expenditure includes 5248 projects, 3311 ongoing projects are allocated 291.727 billion rupees, 1937 new projects worth 88.273 billion rupees are included, while the focus is on the completion of ongoing schemes for which 80 percent of the budget has been allocated.
Development projects of various sectors
In the budget, 34.69 billion rupees for the development projects of the education sector, 19.739 billion rupees for the development schemes of the health sector, 11.517 billion rupees for the development projects of the interior department, 25 billion rupees for the development projects in the next fiscal year, 62.5 billion rupees have been allocated for the projects under the municipal housing and town planning. done.
24.35 billion will be available for public health engineering and rural development projects, while 89.05 billion will be available for government buildings and roads under Works and Services.
This year due to natural calamities and floods, there was an additional burden of 100 billion rupees, under the provincial annual development program, 87 billion rupees were given for flood rehabilitation, there is a huge financial gap to complete the construction of houses for the flood victims, according to the Geneva Conference. Later, the Sindh government organized a conference on the rehabilitation of flood victims in Karachi. In the Sindh Donor Conference, investors were encouraged to invest for the rehabilitation of infrastructure.
According to the World Bank and others, 4.4 million acres of agricultural land were destroyed, 436,435 cattle worth $117.3 million were affected by the flood, 60 percent of the province’s road network was severely affected, 2.36 million houses were destroyed, and 12.36 million people were displaced, after which the Sindh government provided flood victims. took timely aggressive measures for
1765.02 billion has been proposed for the provincial expenditure for the year 2023-24, including current revenue, capital and development expenditure, while the revised estimate of current revenue expenditure for the year 2022-23 has been estimated at 1296.569 billion, 8 from the budget estimates of 1199.445 billion for the year 2022-23. The major reason for the increase in the percentage is the increased expenditure on relief and rehabilitation activities during rain floods.
The revision of current capital expenditure for 2022-23 is proposed at Rs 62.13 billion, 8 per cent higher than the budget estimates of Rs 54.481 billion for 2022-23. The cost has increased by Rs.
This year’s budget allocation of 23.6 billion has been increased to 21.5 billion for investment. Later, 147.822 billion rupees will be added.
12.5 billion rupees have been added to the aid in the current financial year. This year, 20 billion rupees have been allocated for the district annual development program.
Provincial receipts are a combination of federal transfers and provincial revenues. Major part of our resources Sindh is heavily dependent on federal transfers. Direct transfers in Maine FC are distributed to provinces under a sharing formula. Billion rupees was proposed.
The main reason for imposition of federal tax to curb imports is Capital Value Tax, which is a deleted tax.Revised allocation for the year 2022-23 is 982.4 billion resulting in 958.62 billion allocated for increase in taxes other than income and service tax. 385.537 billion and general sales tax of 387.36 billion caused inflation.
The revised estimate of non-tax revenue for the current financial year is proposed to be 23.29 billion, while a revised amount of 147.822 billion is proposed to be allocated for foreign aid projects, along with the share of federal copy SDP has been set at 14 billion rupees.
In the current fiscal year 2022-23, financial assistance related to the education sector is allocated 9.04 billion
After a 31% increase for the year 2023-24, 2247.581 billion has been allocated for the provincial budget. For the current year 2022-23, a budget of 1713.584 billion was kept.
In view of the current revenue expenditure of the year 2023-24, the budget allocation is estimated at 1411.221 billion, which is 17.65 percent more than the 1199.445 billion allocated in the budget.
In view of the current revenue expenditure of the year 2023-24, the budget allocation is estimated at 1411.221 billion, which is 17.65 percent more than the 1199.445 billion allocated in the budget.
136.256 billion rupees have been proposed in the current budget for the year 2023-24, which is a 150 percent increase over the 54.481 billion rupees allocated for 2022-23.
A budget of 88.2 billion rupees has been proposed for investment, out of which a total of 26.0 billion rupees are allocated for the Sindh Pension Fund, 51.0 billion rupees are allocated for the Viability Gap Fund for various PPP development projects, double the budget of 23.6 billion rupees for the year 2022-23. Increment is being displayed.
This year, 459.657 billion rupees were allocated for the provincial development expenditure, 697.103 billion rupees have been allocated for the next year 2023-24, which includes 30 billion rupees allocated for the district annual development program.
