Monetary matters: KMC budget expected today
The budget has a total outlay of Rs35.5 billion with a surplus of Rs101.1 million.
The sources further claimed that a hefty amount of Rs10 billion has been allocated to the engineering head. PHOTO: FILE
KARACHI:
The Karachi Metropolitan Corporation (KMC) budget would be unveiled by administrator Syed Hashim Raza Zaidi on Wednesday (today).
The budget has a total outlay of Rs35.5 billion with a surplus of Rs101.1 million.
A new project, ‘Viability Gap Funding’, has been launched under which the roads leading from Hassan Square to Safoora Goth and from Airport to Gulshan-e-Hadeed would be reconstructed. The sources further claimed that a hefty amount of Rs10 billion has been allocated to the engineering head that includes new bridges, roads and cleanliness of drains.
Published in The Express Tribune, June 26th, 2013.
The Karachi Metropolitan Corporation (KMC) budget would be unveiled by administrator Syed Hashim Raza Zaidi on Wednesday (today).
The budget has a total outlay of Rs35.5 billion with a surplus of Rs101.1 million.
A new project, ‘Viability Gap Funding’, has been launched under which the roads leading from Hassan Square to Safoora Goth and from Airport to Gulshan-e-Hadeed would be reconstructed. The sources further claimed that a hefty amount of Rs10 billion has been allocated to the engineering head that includes new bridges, roads and cleanliness of drains.
Published in The Express Tribune, June 26th, 2013.