KARACHI: Sindh Chief Minister Syed Murad Ali Shah, who also holds the portfolio of Finance Minister, is presenting the budget for the fiscal year 2023-24 in the Sindh Assembly.
Addressing the budget session of the Sindh Assembly, CM Murad Ali Shah said that the total outlay of the budget for the province is estimated at Rs2.24 trillion.
Salaries
The chief minister announced a salary hike of 35% for the Sindh government employees between grades 1 and 16 and 30% for the employees between grades 17 and 22.
The federal government announced a similar increase in the salaries of federal government employees a day earlier.
Development
Shah said the government has allocated funds for 1937 new projects.
The government has allocated Rs380 billion for the annual development program while the total development budget is estimated at Rs689 billion, Shah said.
A note in the budget documents explained that “in addition to regular ADP, Government of Sindh’s Development portfolio under Public Private Partnership mode stands at Rs. 487 billion whereby Projects of Rs. 60 billion have already been executed, Projects of Rs. 144 billion are presently at different stages of construction and Projects amounting to Rs. 283 billion are at the bidding stage.”
