According to the sources, The Azad Jammu and Kashmir (AJK) government will present its final budget for the next fiscal year 2021-22 with a total outlay of Rs141.4 billion.
As per to details, The AJK assembly is scheduled to meet at 11 am in which AJK Minister for Finance Dr Najeeb Naqi will present the budget.
The budget document stated that Rs28 billion have been proposed for the annual development package, which is 15% higher as compared to the FY-2020-21. Rs113.4 has been embarked for the non-development expenditures, Rs 10 billion have been proposed for the transport and communication sector.
It must be noted that, It will be the last budget of the incumbent AJK Prime Minister Raja Farooq Haider Khan-led PML (N) AJK government, which is competing its stipulated 5-year constitutional term next month whereas the general elections for the 53-seat of Azad Jammu Kashmir Legislative Assembly are scheduled to be held on July 25.
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