The Balochistan provincial cabinet, led by Chief Minister Mir Sarfraz Bugti, on Friday, approved the budget proposals for the upcoming fiscal year 2024-25.
The provincial finance department briefed the cabinet, emphasizing that health and education sectors remain top priorities in the new budget.
The budget also focuses on agriculture, livestock, and mineral and mines development, with significant allocations for each. During the meeting, the cabinet approved a new pension scheme aimed at benefiting government employees.
Chief Minister Bugti highlighted a historic move in Balochistan's budget planning, stating that for the first time, 70% of approved development projects are included in the budget proposals. He directed that work on new fiscal year development projects should commence from the first month to ensure timely progress.
Bugti urged provincial ministers and assembly members to personally oversee development projects within their departments and constituencies. He warned that departments showing slow progress would not receive additional funds, while those completing projects on time would be encouraged and supported.
Budget outline
The new budget outlines substantial allocations across various sectors to address public needs and promote development. A total of Rs 138.40 billion has been earmarked for general public services, and Rs 93.12 billion has been designated for maintaining law and order.
Economic affairs departments are set to receive Rs 79.36 billion, while Rs 0.90 billion is allocated for environmental protection. Housing and community facilities will benefit from Rs 49.92 billion, and the health sector will receive Rs 57.12 billion.
Additionally, the budget includes Rs 6 billion for entertainment, tourism, culture, and religious affairs. The education sector is allocated Rs 126.26 billion, and social protection is set to receive Rs 13.35 billion. Loan repayments are allocated Rs 8.65 billion, and pensions and other obligations will receive Rs 13 billion.
The development budget, sourced from provincial resources, is allocated Rs 219 billion. This includes Rs 28.28 billion for foreign development projects and Rs 73.28 billion for federal development projects.
