The Gilgit-Baltistan government has presented a provincial budget of RS148.63 billion for fiscal year 2025-26, including a deficit of RS6 billion, said Express News.
During the Monday assembly session, the engineer of the Minister of Finance, Muhammad Ismail, presented the budget, which proposes a 10 percent salary increase for government employees.
The budget allocates RS8.82 billion for non -development expenses, while RS3.7 billion are destined for development projects.
In addition, RS1.1 billion for projects of the Federal Public Sector Development Program (PSDP), with RS4 billion reserved specifically for the Prime Minister under PSDP program.
The Government has established an income objective without taxes of RS789.2 million for the next fiscal year and proposed RS2 billion for the wheat subsidy.
Speaking about assignments for key sectors, the Minister of Finance said that RS147 million for education, RS125 million for health, including RS62 million for the health endowment, have been assigned.
The budget also allocates RS35 million for agriculture, livestock and fishing, RS9 million for tourism and RS10 million for the information technology sector.
