• Development expenditure projected at Rs321.2bn
• Rs32bn allocated for education, Rs20bn for health development spending
• Salaries of govt employees to be increased by up to 25pc

QUETTA: Amidst a boycott by the opposition, the PPP-led coalition government in Balochistan on Friday presented a Rs955.6 billion budget for fiscal year 2024-25, projecting development expenditures of Rs321.2bn and a projected cash surplus of Rs25.4bn for the next fiscal year.

Tabled by Finance Minister Mir Shoaib Ahmed Nosherwani, the proposed budget is more than 36 per cent larger than the original estimate of Rs701.4bn for the outgoing year. This is mainly due to an anticipated increase of over 39pc in the province’s receipts from the federal tax divisible pool, which are expected to rise to Rs647bn from Rs464.7bn under the existing National Finance Commission (NFC) arrangement.

Other receipts from the federal government include Rs20.6bn in straight transfers, Rs20 million in non-development grants, and Rs59.1bn in development grants. Other major revenue streams include Rs47.7bn from provincial taxes and Rs76.8bn from provincial non-tax receipts.

Foreign project assistance for........

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