Latest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: PoGB finance minister presents deficit budget of PKR 11.92 billion amid opposition protests – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
    • Home 1
  • Categories
  • Legal Talk
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > World > PoGB finance minister presents deficit budget of PKR 11.92 billion amid opposition protests – World News Network
World

PoGB finance minister presents deficit budget of PKR 11.92 billion amid opposition protests – World News Network

worldnewsnetwork
Last updated: June 25, 2024 12:00 am
worldnewsnetwork
Share
SHARE

Gilgit City [PoGB], June 25 (ANI): The finance minister of Pakistan Occupied Gilgit Baltistan (PoGB), Engineer Muhammad Ismail, presented the financial budget for the year 2024-25, totalling PKR 140.17 billion, on Tuesday.
In the tabled budget, PKR 86 billion was allocated for non-developmental expenses and PKR 34.60 billion was allocated to developmental projects, Dawn reported.
The budget was presented amid demonstrations by the opposition members at the parliament in Gilgit City. According to Ismail, PKR 6.40 billion is estimated as non-tax revenue, and PKR 1.33 billion is estimated to be collected as revenue from PoGB authorities.
Additionally, the budget deficit is estimated to be at PKR 11.92 billion.
However, a protest was initiated in the parliament house by the opposition leader, Kazim Mesum and other members of the assembly.
Mesum in his statement claimed that the budget is inappropriate and neglects key sectors like health and agriculture. According to the Dawn news report, the leader also alleged that the budget was biased towards making budgetary allocations, as funds were only approved for schemes that benefited members of the treasury bench.
The Dawn news report also stated that opposition members also tore copies of the budget speech while surrounding the speaker’s desk and the budget announcing the finance minister. As a result, the speaker adjourned the session till June 26 for discussion of the budget.
Although a local news outlet from PoGB reported that, several opposition leaders organised a long march in the streets of Gilgit City, chanting slogans criticising the PoGB budget.
The Minister of Agriculture, PoGB Kazim Mesum in a local news report, “I have raised my voice repeatedly but the administration is not interested in listening to our concerns. Instead of taking considerable actions to resolve our issues, we are being pushed into even more despair. The employees of various departments that had been protesting were promised that their needs would be fulfilled this time but we have read the budget cover to cover but no consideration has been given to those demands.”
In the same local news report, while raising the issues raised by media professionals from PoGB Kazim Mesum stated that “Media professionals in PoGB had demanded an endowment fund, but no such allocations have been made in the budget. Similarly, we had raised the issue of vacant teacher positions in PoGB and had made adequate allocations during our time but in this budget, they have not made any allocations regarding this severe issue.” (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
Share This Article
Twitter Email Copy Link Print
Previous Article “Border conferences help foster good relationships”: IG BSF Ayush Mani Tiwari – World News Network
Next Article CRPF steps up security on NH-44 for secure, smooth passage of Amarnath Yatra – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Pick

Top Writers

Oponion

You Might Also Like

Trump says, US military kills 3 in strike against ‘narcoterrorists’ from Venezuela in international waters – World News Network

In a post on his social media handle Truth Social, the US President stated that the strike had occurred while…

3 Min Read

Pakistan increases price of high-speed diesel by Rs 2.78 per litre – World News Network

Pakistan's federal government increased the prices of high-speed diesel by Rs 2.78 per litre for the next fortnight, bringing the…

3 Min Read

DUCAB Group keen to provide cable solutions for Namma Metro – World News Network

A senior delegation from the company met Large and Medium Industries Minister MB Patil on Monday to explore potential areas…

2 Min Read

Growth rate of Russian economy should outpace dynamics of global economy: Putin – World News Network

During the meeting, Putin stated that stability of public finances, the implementation of planned projects and programs directly depend on…

2 Min Read
Latest World News Update
Copyright © 2024 World News Network. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?