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unjab announces Rs 655 billion budget

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GMT + 3 Hours unjab announces Rs 655 billion budget

Post by Noor Bangash Wed Sep 14, 2011 4:37 pm

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LAHORE: Punjab government presented a budget of Rs 655 billion for fiscal year 2011-12 in the Punjab Assembly session, here on Friday, Geo News reported.

The budget was announced by Provincial Finance Minister Kamran Michael.

A scuffle took place as the budget was being announced between opposition and government MPAs. The total outlay of the budget was Rs 655 billion out of which Rs 220 billion have been allocated for development programmes.

The budget also includes Rs 19 billion in foreign aid. The 2011-2012 Punjab Budget compared to last year's saw an increase of Rs 90 billion.

A 15 percent increase in the salaries of government employees has been allocated in the budget. Rs 23.90 billion have been allocated for education and Rs. 26.40 billion for health. Rs 50 billion have been allocated for the Police and maintenance of law and order in the province.
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