Karachi: The Sindh government has decided to cut its non-developmental expenditure in order to complete a maximum number of uplift schemes this year, a news source reported. It will reduce the current expenditure of PKR 773.2 billion to PKR 700 billion. The government will invest the saved amount (PKR 73.2 billion) for the completion of its uplift projects.
This measure is expected to help the authorities complete the development projects within this year despite the shortage of federal transfers to the province. Sindh Chief Minister (CM) Syed Murad Ali Shah finalised this decision during a meeting held to review the fiscal position of the province.
The participants of the meeting were told that the provincial budget stood at PKR 1,124 billion, while the expenditure amounted to an estimated PKR 1,144 billion. It was revealed that there is a shortfall of PKR 20.5 billion.
Chairman of Planning & Development (P&D) Mohammad Waseem informed the CM that 1,965 development schemes are currently underway in Sindh. He added that 710 of these are expected to be complete by June 2019.
After having been informed of further details, the CM directed to release the required funds to complete the said 710 schemes. He added that he will try to arrange the PKR 11 billion required for the completion of 451 priority schemes.
