Newly elected Punjab govt to present quarterly budget of ongoing FY 2023-24 today

The Punjab government will present a budget for the rest of the three months of the ongoing fiscal year as the provincial assembly will begin its fifth session here on Monday (today), reported 24NewsHD TV channel.

Finance Minister Mujtaba Shujaur Rehman will present the budget for the months of April, May and June during the session, whose proceedings will begin at 2pm.

After the approval of the provincial cabinet, Punjab Chief Minister Maryam Nawaz has also signed the budget document. Punjab Chief Secretary and Secretary Finance presented the budget document to the CM.

Punjab Assembly house has already given its approval for the budget for the ongoing month (March) during its session held last month.

According to details, during the session for 42 public sectors, Rs280 billion funds will be allocated.

For repairing and the reconstruction of roads Rs44.55 billion will be approved, for Specialized Healthcare Rs35.29 billion, Urban Development Rs17.70 billion and for Public Buildings department Rs12.13 billion funds will be allocated.

While for Agriculture sector Rs5.34 billion, Local Govt Rs18.24 billion, P&D Rs21.23 billion, School Education Rs23.50 billion, Primary and for Secondary School Rs14.41 billion will be allocated.

For Irrigation department Rs8.10 billion, Governance and IT department Rs12.99 billion, Water Supply and Sanitation Rs7 billion, Higher Education Rs3 billion, Industries Rs6.47 billions, Energy Sector Rs1.80 billion, while Rs1.90 billion will be allocated for Transport sectors.

Rs2 billion 79 crores will be allocated for Environment, Rs2 billion 76 crores for Wildlife. One billion 70 crore rupees will be kept for Forestry, one billion 10 crore rupees for Auqaf Department. 

It has been also proposed to allocate one billion 19 crore rupees for Sports sector’s uplift. Rs2.5 billion for Literacy and Non-Formal Education, Rs1.30 billion for Population Welfare. One billion 50 crores will be allocated for Emergency Services, 1 billion 25 crores for Livestock. Rs50 crores for Social Welfare, 50 crores for Special Education and 40 crores will be allocated for Tourism.

There are proposals to allocate 90 crores for Human Rights, 30 crores for Women Development, 60 crores for Mines and Minerals department.

While 24 crores for Information and Culture, 49 crores for Fisheries, 20 crores for Labor Department. It has been proposed to allocate 19 crores for Foods and 28 crores funds for Archaeology department.

After the approval of provincial cabinet, Punjab Chief Minister Maryam Nawaz also signed budget document. Punjab Chief Secretary and Secretary Finance presented the budget document to the CM.

Reporter: Rao Dilshad and Hassan Ali