Major spending cuts as relief measures under review
The plan shifts spending toward salaries and pensions, with no new major development schemes and development outlay cut by nearly Rs300 billion, officials said.
- On Wednesday, Sindh Chief Minister Murad Ali Shah presented the provincial budget for fiscal year 2026-27 in the Sindh Assembly, proposing a Rs3.652 trillion outlay with a 7% increase in salaries and pensions while imposing no new taxes.
- Provincial officials reduced the development portfolio from a projected Rs575 billion to Rs400 billion, citing a negotiated arrangement with the federal government to contribute toward national strategic requirements and fiscal sustainability.
- The government introduced a Rs13.2 billion social protection package and announced a renewable energy programme distributing 275,000 free solar home systems to low-income households, procured at a total cost of Rs18 billion.
- While Rs108.1 billion was earmarked for Karachi-based projects, Opposition Leader Ali Khursheedi rejected the budget as "one-sided," protesting that democratic norms were not upheld during the budgetary process.
- The administration launched the Sindh Green Data Infrastructure Initiative to attract global technology investment, aiming to establish renewable energy-powered technology zones and data centres throughout the province.
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Islamabad PostSindh CM presents Rs3.56tr budget, seeks 7% hike in salaries
CM Murad tables budget with projected deficit of Rs242bn.Rs400bn allocated for development programme in Sindh.Sindh govt earmarks Rs13.2bn for social protection package.KARACHI: Sindh Chief Minister Murad Ali Shah presented the provincial...
Info minister terms FY2027 budget 'relief-oriented'
Information Minister Attaullah Tarar on Wednesday termed the federal budget for the upcoming fiscal year “relief-oriented”. He made the remarks while speaking at a media briefing alongside State Minister for Finance Bilal Azhar Kayani. At the outset, the information minister said that certain segments were criticising for the sake of criticising. “When Pakistan was on the brink of default … our macroeconomic indicators were at their lowest,” he …
Major spending cuts as relief measures under review
The Sindh government is set to unveil its budget for the 2026-27 fiscal year on Wednesday, presenting a financial plan shaped by tight fiscal constraints, reduced development spending, and expectations of possible relief measures for employees and the public. Chief Minister Syed Murad Ali Shah, who also holds the finance portfolio, will present the provincial budget in the Sindh Assembly at 2pm after its approval by the provincial cabinet in a m…
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