Balochistan to present 'corona budget' today.
Byline: Mohammad Zafar
QUETTA -- Balochistan Finance Minister Mir Zahoor Ahmed Buledi will present a deficit provincial budget for the year 2020-21 in the Balochistan Assembly on Saturday (today).
Balochistan Governor Justice (retd) Amanullah Khan Yasinzai has summoned the budget session of the Balochistan Assembly at 4pm.
Official sources said the total layout of the budget 2020-21 is expected to be around Rs430 Billion, which would include around Rs340 billion as non-development expenditure.
According to sources, Rs110 Billion is expected to be allocated for the development budget for the next financial year.
It is pertinent to note that there will be a big gap between receipts and expenditures of the Balochistan government, which will result in a deficit budget.
Sources further said the federal government has slashed Rs30 billion from Balochistan's share in the National Finance Commission Award.
This created difficulties for in finalising the budget which forced the finance department to extend the budget session for two...
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