What this year’s budget has for Karachi?


The federal government has announced a special Rs.25 billion development package for Karachi.

  • Finance Minister Miftah Ismail said the government is ready to provide buses for Karachi mass transit system.

  • Rupees 600 million have been allocated for Greater Karachi Water Supply Scheme (K-IV) to overcome water crisis in the mega city.

  • Rupees 862 million to be spent on Greater Karachi Sewerage Plant (S-III).

  • Rupees 702.025 million have been allocated for the construction of oil storage plant in Kemari area.

  • Rupees 1500 million have been allocated for Combined Effluent Treatment Plant for Industrial areas of Karachi.

The PML-N government presented a Rs5.2 trillion budget for 2017-18 on Friday.

The outgoing PML-N government has envisaged a revenue target of Rs.5661b, earmarked Rs1100b for defence, and raised salary and pension of government employees by 10 percent.

Story first published: 27th April 2018

Originally Posted on SamaaNews


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