G-B Council unveils budget for current fiscal

Birjees Tahir says billions of rupees also being spent in the region under PSDP and CPEC

Minister for Kashmir Affairs and Gilgit-Baltistan Birjees Tahir has presented G-B Council’s budget for the current fiscal year worth over Rs2 billion.

The outlay was presented during the first meeting of the budget session of GB Council held in Islamabad on Tuesday.

Council’s Vice Chairman and Governor Gilgit-Baltistan Ghazanfar Ali chaired the meeting.

Total revenue has been estimated at about Rs2.4 billion of which about Rs2 billion will come from tax receipts.

The budget estimates total expenditure of about Rs2.2 billion out of which over Rs725 million have been allocated for development projects.

Speaking on the occasion, Tahir said that Rs32 billion are being spent on the construction of Gilgit-Skardu Road.

He said besides this, billions of rupees were also being spent under Public Sector Development Programme and China-Pakistan Economic Corridor for the development of Gilgit-Baltistan.

Published in The Express Tribune, September 28^th, 2017.