Sindh Assembly approves Rs3.056tr budget for financial year of 2024-25

The Sindh Assembly approved the Rs3.056 trillion budget for the financial year of 2024-25, 24NewsHD TV channel reported on Friday.

The total expected revenue of the province is three trillion rupees of which 62 per cent will be federal transfers and 22 per cent provincial receipts.

Of the provincial receipts of 662 billion rupees, sales tax on services worth 350 billion rupees, GST plus tax of 269 billion rupees and provincial non-tax receipts of 42.9 billion rupees have been approved.

Concluding the budget debate yesterday, Sindh CM shed light on the provincial government’s priorities, future projects and the province's economic, political and social situation.

As many as 131 members from the two sides of the aisle in a 168-member House reportedly participated in the discussion.

The Sindh Assembly also unanimously approved a Rs213 billion supplementary budget — the additional funds spent by different ministries and departments during the fiscal year 2023-24.

Chief Minister Syed Murad Ali Shah presented 55 demands for grants of different ministries on the supplementary budget statement which were approved without any opposition as no cut-motions were moved by any member of opposition parties.

He said that the people of the province were happy with the Pakistan People’s Party and they had always trusted the party which made all-out efforts for the uplift and development of the province.

“We have bagged 117 seats of the provincial assembly as people are happy with our performance,” he said adding that the PPP would secure more seats in future.