On Friday (today), Sindh and Punjab budget 2019-20 will be revelaed by both provincial governments.
Sindh and Punjab budget 2019-20 will be announced on June 14. Sindh Chief Minister Syed Murad Ali Shah who also holds the portfolio of finance minister will present the budget in the provincial assembly. On the other side, Punjab Finance Minister Hashim Jawan Bakht will present the budget in the assembly.
As per reports, Punjab budget 2019-20 is Rs 2,550 billion out of which Rs 350 billion have been allocated for development projects and Rs 2,200 billion for non-developmental projects.
Sources further said an increase in the salary of government employees has been proposed along the same lines as federal employees. A 10% increase has been proposed for grade 16 employees while a 5% increase has been recommended for grade 17 to 20. No increase has been proposed for grade 20 and 21 officers.
Punjab budget 2019-20 also includes a proposal for completing mega projects under the public-private partnerships, while the finance department has declared new budget tax-free and a surplus of Rs 200 billion.