Development Sector Allocated Rs274 Billion In Sindh Budget 2017-2018 – Research Snipers

Development Sector Allocated Rs274 Billion In Sindh Budget 2017-2018

Chief Minster in his budget speech said that Sindh has allocated Rs274 billion for development projects expected to run in the next fiscal year. This allocation includes Rs27.3bn of federal grants and Rs42.7bn foreign investment. The total investment in development projects that includes foreign aid would be Rs344bn. The reviewed approximation for the outward-bound fiscal year is around Rs248.7bn.

For social protection, Sindh government allocated Rs105.2bn which is extremely high in comparison to Rs47.88bn previous year. The revised approximate increased to Rs111.78bn.

In the budget allocated for development projects, Rs82.68bn will be consumed by economic affairs. Within economic development Rs6.985bn is given to agriculture. Rs37.295bn would be spent on irrigation that is the highest under economic development. Initially for FY17 for irrigation was Rs26bn but the revised approximate became Rs48.23bn. In the field of forestry Rs840 million were allocated.

On mining and manufacturing Rs19.55bn is allocated while Rs16.775bn will be spent on other sector. Coming to construction and transport Rs14.695bn are allocated.

To safeguard and protect the environment government has allocated Rs288m for this purpose.

Read more: Transport projects in Sindh same as of last fiscal year

In comparison to Rs15bn for FY17 in health department this year Rs15.4bn is allocated, those the revised estimate has gone down to only Rs10bn.

For education sector Rs21.4bn are given which is more compared to revised approximate allocation of Rs12.4bn for FY17

Rs73.5bn will be spent on administration of social welfare measures while the revised amount was Rs86bn.

The amount allocated to the Home department is second highest Rs92.91bn. Home department include police, rangers and various law enforcing agencies.

Education has been given importance in this budget as the allocation has increased by 24pc in current 2017-18 fiscal year.

The minister said that in the next year they want to raise budget of education further to Rs202.2bn from Rs163.12bn