Punjab unveils Rs2.653 trillion FY 2021-22 budget

Punjab unveils Rs2.653 trillion FY 2021-22 budget

Lahore (Staff Report/Agencies): Punjab government on Monday presented the budget for fiscal year 2021-22 with a total outlay of Rs2.653 trillion.

Punjab Finance Minister Hashim Jawan Bakht presented the budget for in the Punjab Assembly amid ruckus by the opposition lawmakers.

Salient features of the budget:

10 percent raise for government employees’ salaries and pension

Rs189 billion allocated for South Punjab

Rs560 billion for development

Rs442 billion for education

Rs400 billion revenue target

Rs370 billion for health

Rs31 billion for agriculture transformation

Rs9 billion for water, sanitation

This was the maiden budget session held in the newly-constructed building of the Punjab Assembly.

Earlier, the Punjab cabinet approved the budget proposals.