Sindh unveils budget for FY2021-22 today

Sindh unveils budget for FY2021-22 today

Karachi (Web Desk): Sindh will announce its budget for the fiscal year (FY) 2021-22 in in Karachi today (Tuesday).

Sindh Chief Minister Murad Ali Shah, who also holds the portfolio of Finance Minister, will present the no-tax budget budget in the provincial assembly.

According to Sindh government sources, Rs222 billion allocation has been earmarked for the provincial development programme.

The sources further said that the provincial budget for FY2021-22 proposes a 20 to 25 per cent raise in salaries and pensions of the government employees.

“The minimum wage for the labourers is expected to be set at Rs25,000,” they added.

The Sindh government will announce a special development package for Karachi in the new budget, with an allocation of Rs24 billion for launching 10 new mega projects.

As per the sources the budget papers propose 55 per cent allocation of total development budget for education, health and the law and order.