Chief Minister Murad Ali Shah unveils tax-free budget

Web DeskJune 14, 2024 07:00 AMnational
  • Rs958 billion for development, Rs423 billion for annual development program
  • Focus on creating 5,000 new jobs, with 3,000 in education sector
  • Significant allocations for education, healthcare, and law enforcement
Chief Minister Murad Ali Shah unveils tax-free budgetImage Credits: tribune_pk
Chief Minister Murad Ali Shah presents a tax-free budget in Sindh Assembly, focusing on development, job creation, education, healthcare, and public safety.

Today, Chief Minister Murad Ali Shah is set to reveal the tax-free budget for the fiscal year 2024-25 in the Sindh Assembly. The budget, totaling Rs3,049 billion, includes significant allocations for various sectors, aiming to boost development and address key needs in the province.

Budget Highlights

The budget proposal encompasses a total of Rs958 billion for development purposes, with Rs423 billion specifically earmarked for the annual development program. The Sindh Cabinet will convene on June 14 to deliberate on and approve the budget proposals before they are presented in the assembly.

Noteworthy allocations in the budget include Rs16.80 billion for creating new positions and acquiring furniture, with a focus on generating 5,000 new jobs. Of these, 3,000 positions are designated for the education sector, emphasizing the government's commitment to enhancing educational opportunities.

Allocation Breakdown

For non-developmental expenses, the budget suggests allocating Rs18 trillion, covering essential expenditures such as salaries, pensions, loan interest, and other miscellaneous items. Additionally, significant allocations are proposed for key sectors, including Rs400 billion for education, Rs275 billion for healthcare, and Rs155 billion for the Sindh Local Government Department.

Enhancing law and order is a top priority, with an estimated Rs170 billion set aside for this purpose. The budget also includes provisions for a 15 to 20 percent salary increase for government employees, setting the minimum wage at Rs35,000. Plans for over 50,000 new recruitments and the provision of solar systems to 200 households further underscore the government's commitment to improving living standards.

Conclusion

As Chief Minister Murad Ali Shah unveils the tax-free budget for Sindh, the proposed allocations reflect a strategic approach to address key challenges and promote development across various sectors. The budget not only focuses on infrastructure and service delivery but also emphasizes job creation, education, healthcare, and public safety. Through these initiatives, the government aims to enhance the quality of life for the people of Sindh and drive sustainable growth in the province.

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