Karachi: Sindh Minister for Finance will present budget for 2011-2012 today (Friday).
It is worth mentioning here that Sindh government could not utilize huge amount during current year.
Before this, provincial Finance Minister Murad Ali Shah Shah has presented the budget three times.
In a budget of Rs 477 billion, no new tax has been imposed for next year. For the first time in the history of Sindh, general sales tax has been introduced out of which government would get Rs 25 billion more.
The finance minister said that budget document would also be available in computer CDs along with budget books.
Sindh government has allocated Rs 156 billion for development projects out of which Rs 20 billion would be given to 23 districts while the remaining five districts would be given Rs 10 billion. Municipal delivery programme has been introduced for the first time in the province for which Rs 1 billion has been allocated.
Murad Shah further said that all the members in the assembly would be provided with hand books of budget speech.
Sindh government has decided to give Rs 40 million per member for 168 members. While Rs 100 million have been specifically allocated for discretionary funds of Sindh Chief Minister. Rs 4 billion have been allocated for raise in the salaries of 0.6 million employees by 15 percent and Rs 10 billion in order to cope with natural disasters.
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