Government employees in Balochistan set to experience a significant salary boost as part of the province’s budget for the fiscal year 2024-25. The budget, presented by Provincial Finance Minister Mir Shoaib Nausherwani, proposes a substantial salary hike of up to 25 percent for government employees.
Major Highlights of the Salary Increase
- Grades 1 to 16: Employees in these grades will receive a 25 percent salary increase.
- Grades 17 to 22: A 20 percent increment proposed for employees in these higher grades.
The anticipated salary hike has brought a sense of relief and optimism among government workers, who have been eagerly awaiting the budget announcement.
Comprehensive Budget Overview
The Balochistan budget for 2024-25 has an outlay of Rs850 billion, divided into a non-developmental budget of Rs600 billion and a development budget of Rs250 billion. This strategic allocation aims to address various sectors crucial for the province’s growth and stability.
Key Sector Allocations
- Health: Over Rs67 billion earmarked for health initiatives, ensuring improved healthcare services for the populace.
- Education: The budget proposes Rs120 billion for education reforms, highlighting the government’s commitment to enhancing educational infrastructure and quality.
- Peace and Security: Rs70 billion allocated to peace and security measures, emphasizing the importance of maintaining stability and safety in the province.
Supporting Development Initiatives
The budget also includes significant provisions for local development:
- Benazir Scholarship Program: Rs2 billion proposed to support the education of deserving students.
- University Grants: An increase in the grant for universities to Rs5 billion planned, aiming to strengthen higher education.
Revenue and Funding
Balochistan anticipates receiving Rs647 billion under the National Finance Commission (NFC) Award, a vital revenue source for the province. Additionally, Pakistan Petroleum Limited (PPL) expected to contribute Rs60 billion, further bolstering local development projects.
Budget Approval Process
The budget approval process will involve detailed discussions and deliberations between government and opposition members. This ensures that all proposals and priorities thoroughly considered, aiming for a balanced and comprehensive financial plan for the fiscal year.
As the Balochistan Assembly prepares to finalize the budget, the proposed salary increases and sector allocations highlight the province’s commitment to economic stability, development, and the welfare of its government employees.