Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Where does India stand on Israel-Iran conflict? Its SCO opt-out offers clues

June 18, 2025

Could China help broker a ceasefire between Iran and Israel?

June 18, 2025

China will boost the yuan’s global reach with new operations centre, PBOC says

June 18, 2025
Facebook X (Twitter) Instagram
Wednesday, June 18
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Balochistan government unveils Rs1028 bln surplus budget for FY2025-26 – Business & Finance
Economist Intelligence

Balochistan government unveils Rs1028 bln surplus budget for FY2025-26 – Business & Finance

adminBy adminJune 17, 2025No Comments4 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 18


The Balochistan government on Tuesday unveiled its surplus, relief-oriented and pro-people budget for the upcoming fiscal year 2025-26, with a total outlay of Rs1028 billion with a surplus of Rs42 billion.

Presenting the budget before the provincial assembly, Finance Minister Mir Shoaib Nosherwani said the total volume of Rs642 billion is allocated for non-development expenditures and proposed allocating Rs249.5 billion for Public Sector Development Programme (PSDP) for fiscal year 2025-26.

Nosherwani said the total estimated expenditures for the next financial year 2025-26 is Rs986 billion while the volume of current operating expenditure has been dropped from Rs43 billion to Rs33 billion.

He said that the government has enhanced the provincial income and set a target to generate Rs226 billion revenue in upcoming fiscal year.

He said a development grants of Rs66.5 billion of federal funded projects, and Rs38 billion as Foreign Projects Assistance (FPA) has been estimated despite the provincial development programme in the financial year 2025-26.

Balochistan’s Rs1trn budget to be presented tomorrow

He said under the development budget, Rs249.5 billion would be spent on about 3633 ongoing schemes and 2550 new development projects where Rs18 billion had been earmarked for the installation of safe city projects in eight cities in the upcoming financial year 2025-26.

The finance minister said that the allocation of Rs4.5 billion has been proposed in terms of capital expenditure for the purchase of necessary equipment and machinery which is Rs6 billion less than from previous year and allocated
Rs113 billion as grants for departments.

In his budget speech, the minister stated that the provincial government had successfully spent the entire development budget for the current fiscal year.

He said education, health, climate change, law and order were among the priorities of the provincial government.

The minister also announced the creation of 4188 contract-base and 1958 regular jobs for the fiscal year 2025-26 to provide employment to the youth of the province.

To improve the economic condition of the employees, the finance minister said that the government has increased 10 percent of the salaries of employees from grade 1 to 22.

Meanwhile, the provincial government announced a 7 percent increase in pensions for retired employees.

The minister emphasized that the budget was developed after thorough consultation with all political parties and is focused on public welfare, development priorities, and financial sustainability.

Shoaib Nosherwani said that the budget is based on the province’s actual needs, economic capacity, and ground realities, aiming to ensure balanced development across both urban and rural areas.

The development budget of Rs55.19 billion allocated for the Communication and Works Department which is increased of 19 percent from the current year for the construction of roads and upgradation of existing infrastructure.

The government has allocated Rs42.78 billion development budget for irrigation sector to boost agriculture and manage water resources, major investments are being made in dams, canals, and water storage systems.

Nosherwani said that Rs24.84 billion allocated for development of education sector – secondary and higher education, to upgrade educational infrastructure, hire teachers, and introduce modern facilities.

The minister said that Rs16.15 billion has been allocated in terms of development budget for the upgradation of hospitals, recruitment of medical staff, and procurement of modern healthcare equipment in the next financial year.

For Science and Information Technology department, he said Rs12.66 billion has been allocated in financial year, as part of the “Digital Balochistan” vision, the government will promote e-governance, internet access, and tech-driven services.

The finance minister said Rs17.16 billion has allocated to provide clean drinking water to the residence of the province, improvement of sewerage, and wastewater management solutions across the province.

For strengthening municipal institutions and resolving local issues efficiently, Shoaib said that Rs12.91 billion allocated for Local Government department in the new budget.

During the next financial year 2025-26, an amount of Rs10.17 billion allocated for agriculture to support for farmers through seed, fertilizer, and modern agricultural tools.

It added that Rs7.84 billion allocated for energy department, focused on energy distribution and installation of renewable energy projects to tackle load-shedding and boost energy reliability.

In the next financial year 2025-26, a total of Rs567.6 million has been allocated for mines and mineral department to develop Balochistan’s rich mineral resources through modern and efficient methods.

An estimated amount of Rs154 million has set for the empowerment of women in areas such as education, healthcare, and economic participation.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

‘Pakistan confronting significant economic challenges due to SOEs’ financial performance’ – Business & Finance

June 18, 2025
Economist Intelligence

PM for linking Reko Diq project to Railways network – Business & Finance

June 18, 2025
Economist Intelligence

NA panel rejects 18pc GST on solar panels – Markets

June 18, 2025
Economist Intelligence

Qatar says its output at South Pars field steady – Markets

June 18, 2025
Economist Intelligence

Budget 2025-26: Senate panel opposes tax on imported solar panels – Markets

June 17, 2025
Economist Intelligence

Sterling slips versus dollar as inflation print, BoE meeting eyed – Markets

June 17, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

‘Pakistan confronting significant economic challenges due to SOEs’ financial performance’ – Business & Finance

June 18, 2025

PM for linking Reko Diq project to Railways network – Business & Finance

June 18, 2025

NA panel rejects 18pc GST on solar panels – Markets

June 18, 2025

Qatar says its output at South Pars field steady – Markets

June 18, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Where does India stand on Israel-Iran conflict? Its SCO opt-out offers clues
  • Could China help broker a ceasefire between Iran and Israel?
  • China will boost the yuan’s global reach with new operations centre, PBOC says
  • Developing | Hong Kong to act as launch pad for Chinese companies’ global push in pact with Shanghai
  • Developing | Hong Kong to act as launch pad for Chinese companies’ global push in pact with Shanghai

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Where does India stand on Israel-Iran conflict? Its SCO opt-out offers clues

June 18, 2025

Could China help broker a ceasefire between Iran and Israel?

June 18, 2025

China will boost the yuan’s global reach with new operations centre, PBOC says

June 18, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.