GB Assembly presents Budget of Gilgit Baltistan for FY 2022-23.

GILGIT -- The Gilgit Baltistan government on Monday presented a total budget of Rs119.32 billions for the financial year 2022-23.

Finance Minister Gilgit Baltistan Javed Manwa presented the budget in the GB Assembly. In this budget, a sum of Rs. 47.88 billion has been earmarked for development projects while Rs. 61.44 billion has been earmarked for non-development projects. In the development budget of Rs. 47.96 billion, while an amount Rs.18 billion has been allocated for federal PSDP projects and 10 billion wheat for subsidy. The GB government for providing relief to the government employees in the salaries, 15% as adhoc relief with merger of some adhoc allowances of previous years. The government has also granted 15% Disparity Reduction Allowance (DRA) to the employees

In the annual development program, 644.8 million has been estimated for construction of channels and roads of uninhabited lands while 562 million has been estimated for value chain development. An amount of Rs.1.20 billion have been set aside for health sector, while...

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