Gilgit-Baltistan Assembly to present Rs1,023 billion budget today
Pakistan
Funds have been allocated for youth loan scheme in the budget
GILGIT-BALTISTAN (Dunya News) - The Gilgit-Baltistan Assembly is all set to present a budget of Rs1,023 billion for the fiscal year 2024-25 today (Monday).
The budget includes Rs90 billion for non-development projects and Rs21 billion have been allocated for development projects.
A sum of Rs12 billion has been allocated for federal PSDF.
A 25pc increase has been proposed for salaries of officials from Grade 1 to 17 and salaries of employees above grade 18 would be increased by 20pc.
Notable among allocations is Rs2 billion for 4-megawatt solar projects. The youth loan scheme will get Rs50 million funds in the budget.
