The coalition government of Balochistan presented Rs215.713 billion deficit budget for financial year 2014-15 here in the assembly session on Thursday evening. Speaker Mir Jan Muhammad Jamali presided over the budget session.
Advisor to Chief Minister on Finance Mir Khalid Langov presented Rs 215.713 billion deficit budget for fiscal year 2014 15. The deficit of the budget is Rs 15.662 billion. He said that Rs 50.742 billion has been allocated for Public Sector Development Programme (PSDP) and Rs 164.97 billion have been allocated in head of non-development expenditures. He said that Balochistan would collect income of Rs 8.970 billion from its own resources.
Mir said the province would receive Rs 141.213 billion from divisible pool and Rs 16.858 billion from direct transfers Rs 10 billion from other receipts and Rs 23.279 billion from capital receipts. Total income is estimated at Rs 200.051 billion and deficit Rs 15.662 billion, the Finance Advisor said. It was second annual budget presented by Dr Abdul Malik Baloch led coalition government of Pakistan Muslim League-Nawaz (PML-N), Pashtoonkhawa Milli Awami Party, National Party and PML-Q. -thenews