Prime Minister of Pakistan Shahid Khaqan Abbassi chaired a meeting in Skardu with Gilgit-Baltistan Council. In the meeting, it was approved that the next fiscal year budget of Gilgit-Baltistan will be 2.4 billion rupees. It means that 2018 budget is set for the province.
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Expenditure on development projects will be around 1.45 billion rupees.
Prime Minister said that the federal government of Pakistan will continue supporting development in all parts of Pakistan.
Moreover, PM of Pakistan said that CPEC can benefit from the geographic location of Gilgit-Baltistan. The area, its beauty, its strategic position, and resources can be used to enhance development in the locality.
Furthermore, he praised the work PML-N government is doing, highlighting that for the first time their government started practical work on Diamer Bhasha Dam. He was content with the way development projects were going on in the province and he hoped for further progress.
Shahid Ashraf Tarar the Chairman of National Highway Authority told PM about the projects going on in the province which include the development of Jaglot-Skardu road in Gilgit Baltistan.
Thirty-one billion rupees will be spent on the construction of 164 kilometers long Jaglot-Skardu road. It will be completed in three years.
Prime Minister also inaugurated Baltistan University in Skardu. He was briefed about the university by Executive Director of Higher Education Commission. 2000 students will enroll in the university to receive the education. Karakoram University Campus was upgraded into Baltistan University. 1500 kanal of land has been allocated for the university. 1.77 billion rupees will be invested on it and a medical college will also be developed under the university.