Hunza News

Gilgit-Baltistan unveils Rs31.92b budget

Share This Post

GILGIT: The Gilgit-Baltistan (G-B) budget for fiscal year 2015-16 with a total outlay of over Rs31.921 billion was presented on Sunday.

Gilgit-Baltistan Chief Minister Hafiz Hafeezur Rahman presented the budget during the budgetary session of the legislative assembly, chaired by Speaker Fida Muhammad Naushad.

With the formation of the G-B cabinet yet to be completed, the chief minister presented the budget himself after the speaker allowed him to do so.

In the budget, Rs21.984 billion has been allocated for non-development expenditures while Rs9.937 billion for development expenditures.

In order to facilitate students in G-B, he said laptops will be provided to students who do not fall under the jurisdiction of the Karakoram University.

“We will have a fund of Rs200 million to help deserving students,” the chief minister added.

During the next fiscal year, 200km roads would be metaled, while 100km long roads would also be constructed.

More To Explore

komal komi is young author of Gilgit baltistan

current situation in Pakistan

Pakistan is a developing country with a population of over 220 million people. The government is known for its vibrant culture, scenic landscapes, and strong economy, which has seen steady