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Sindh govt announces Rs2.2 trillion budget with 35% raise in pay and 17.5% in pension

Sindh Govt announces Rs 2.2 trillion budget

KARACHI: Following the strategy of the federal government, Sindh government also announced up to 35 percent raise in salary and 17.5 percent increase in pension in 2023-24.

Sindh government employees from grades 1-16 will get 35 percent pay raise, officers in grades 17-22 will get 30 percent increase in salary.

Pensioners will get 17.5 percent more money in the next financial year starting from July 1, 2023.

Chief Minister of Sindh Syed Murad Ali Shah who also holds the portfolio of finance minister, announced the budget in Sindh Assembly this afternoon.

Rs 2.2 trillion outlay of Sindh budget

Sindh Chief Minister Murad Ali Shah presented a budget of Rs2.2 trillion for 2023-24. The budget envisages a development outlay of Rs700 billion. It revolves around flood affectees and social protection for the poor.

Murad Ali Shah said the province faced an additional burden this year due to natural disasters and floods.

He said that the government gave Rs87 billion for the flood rehabilitation under the provincial Annual Development Programme.

“The Sindh government held a conference on the rehabilitation of flood victims in Karachi after the Geneva conference during which the investors were encouraged to invest in the restoration of infrastructure,” he added.

He further said that the floods destroyed 4.4 million acres of agricultural land and 60% of road network in the province.

More to follow………………….

Javed Mahmood
Written By

I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.

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