BUDGET 2022-23: Murad unveils deficit budget with Rs1.71tr outlay.

KARACHI -- Sindh unveiled a 'pro-poor' and 'tax-free' deficit budget for the next fiscal year on Tuesday with a total outlay of Rs1.714 trillion.

In his budget speech, Sindh Chief Minister Syed Murad Ali Shah - who is also the provincial finance minister - said the past year witnessed 'extraordinary changes' at both national and international levels, which directly affected the common man.

'Despite that, the government of Sindh vows to leave no stone unturned to ensure economic and political stability in the province, contributing its shares to the common national effort, which is in line with the vision of the leadership of the Pakistan Peoples Party,' he said.

Compared to the Rs1.714tr expense, the next year's budget estimates total revenues of Rs1.68tr, meaning a deficit of around Rs34 billion.

As for revenues, the province will get Rs1.055tr in federal transfers, whereas Rs347.5bn is estimated to come from tax, including Rs180bn provincial sales tax on...