25% Salary Increase For Govt Employees In Balochistan Budget 2024-25
This is the most recent information for all Balochistan government workers. The administration has announced that workers’ salaries will rise as a result of the passage of the new Balochistan budget. Everyone who works feels relieved because it has been reported that government employees in Balochistan will receive a 25% pay increase.
Along with the 25% Salary Increase For Balochistan Govt Employees, several significant announcements on public reforms and schools were announced; which will be starting soon.
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Govt Employee Salary Increases By 25% – Balochistan Budget
Following the recent passage of the Fiscal Year 2024–25 budget by the parliament, a recent statement was made to all Balochistan government employees indicating a 25% salary increase. Balochstan’s finance minister, Shoaib Ahmed Nosherwani, declared after the Assembly approved the budget.
In his speech, he makes it clear that there will be a Salary hike of 25% for government employees from grades 1 to 16 and the Salary increase for grades 17 to 22 will be 20%.
Delay in Balochistan Budget
When the budget for the fiscal year 2024–25 is presented, all eyes are set on the Balochistan Assembly. After a slight delay, provincial finance minister Mir Shoaib Nausherwani is presenting the budget.
The provincial capital of Quetta had a meeting of the provincial government earlier. The proposed non-developmental budget of Rs 600 billion and the development budget of Rs 250 billion make up the Rs 850 billion provincial budget.
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Some Important Announcements Made At Balochistan Budget Speech
Not only was a salary raise promised, but the Finance Minister of Balochistan also mentioned several specific reforms that would be implemented soon. During his speech, he allocated the province’s budget for various government and public sector initiatives aimed at boosting the province’s economy.
Budget for health and Educational Sector:
The health and education sectors are expected to get significant funding; more than Rs 67 billion is set aside for health projects, while an additional Rs 120 billion may be allocated for educational reforms. Moreover, it is anticipated that Rs70 billion would be set aside for peace and security measures, underscoring the province’s emphasis on preserving stability and improving security.
Rs 2 billion allotted for the Benazir Scholarship program
In his Budget Speech, the finance minister also made some announcements related to the Benazir Income Support Program, he announced that the Benazir Scholarship program is anticipated to get Rs. 2 billion in funding from the Balochistan budget, while university grants would rise to Rs. 5 billion.
Balochistan to Receive Rs647B from NFC Award, Rs60B from PPL for 2024-25 Budget
They anticipate obtaining Rs647 billion under the National Finance Commission (NFC) Award, a vital cash stream for the region. Furthermore, it is anticipated that Pakistan Petroleum Limited (PPL) will fund local development initiatives in Balochistan by donating Rs60 billion.
To guarantee thorough consideration of all proposals and priorities, government and opposition members will engage in talks and deliberations during the budget approval process.
Conclusion
The recently announced Balochistan budget for the fiscal year 2024-25 brings significant financial relief and development promises to the province. With a 25% salary increase for government employees from grades 1 to 16 and a 20% raise for those in grades 17 to 22, the budget addresses longstanding concerns about worker compensation.
Additionally, the budget earmarks substantial funds for health and education, along with other crucial sectors, signaling a strong commitment to public welfare and regional development.