CM Murad Ali Shah presents Budget 2023-24 for Sindh

03:21 PM | 10 Jun, 2023
CM Murad Ali Shah presents Budget 2023-24 for Sindh
Source: File Photo

KARACHI – Sindh Chief Minister Murad Ali Shah presented the provincial budget for the next financial year 2023-24 with total outlay of Rs2,420 billion.

The budget was tabled in a calm environment as lawmakers of the major opposition party, PTI, did not attend the session.

The chief minister announced an increase of 35% in salaries for the Sindh government employees between grades 1 and 16 and 30% for the employees between grades 17 and 22.

      Budget 2023-24

      • Rs410 billion earmarked for development
      • 35% increase in salaries of govt employees for Grade 1 to 16
      • 30% increase for Grade 17 to 22 officers
      • Rs30 billion set aside for district-level development programmes
      • Rs143.569 allocated for security
      • 17.5% increase proposed in pensions
      • Rs214 billion for health sector

      Salaries and Pensions

      The chief minister said 35% increase has been proposed in salaries of employees of Grade 1 to 16 while 35% surge has been proposed for officers of Grade 17 and above. 

      He said 17.5% increase has been proposed in pensions of retired government employees.

      Annual Development Programme

      The chief minister said the government has set aside funds for 1937 new projects. He said the government has allocated Rs380 billion for the annual development program while the total development budget is estimated at Rs689 billion.

      A note in the budget documents explained that “in addition to regular ADP, Government of Sindh’s Development portfolio under Public Private Partnership mode stands at Rs. 487 billion whereby Projects of Rs. 60 billion have already been executed, Projects of Rs. 144 billion are presently at different stages of construction and Projects amounting to Rs. 283 billion are at the bidding stage.”


      Rs 353 billion has been set aside for the Education Department, he said, adding that development budget is Rs 45.33 billion and Rs 308 billion for the non-development budget of education. About, 1500 lecturers will be appointed through the Sindh Public Service Commission (SPSC), he announced.

      The chief minister said about 23 new colleges will be established across the province, adding that Rs 403.3 million has been allocated in the budget for this purpose.

      Law and order

      The Sindh government has decided to pay special attention to law and order in the budget and proposed allocation of Rs160 billion for the purpose. Rs 2.79 billion have been allocated for fighting dacoits and Rs 130 million for establishing forensic laboratory, he said. 

      Rain and floods

      In the budge, he said Rs12 billion has been proposed for mega projects in Karachi, Rs90 billion for the works services department, and Rs160 billion for rain and flood victims.

      More to follow…

      Web Desk
      Web Desk

      Daily Pakistan Global Web Desk


      Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on Sept 30, 2023

      KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on September 30, 2023 (Saturday).

      Source: Forex Association of Pakistan. (last update 09:00 AM)

      Currency Symbol Buying Selling
      US Dollar ‎USD 286.05 289.15
      Euro EUR 307 310
      UK Pound Sterling GBP 353.3 357
      U.A.E Dirham AED 80 80.8
      Saudi Riyal SAR 76 76.75
      Australian Dollar AUD 189 191
      Bahrain Dinar BHD 778.84 786.84
      Canadian Dollar CAD 220 222.2
      China Yuan CNY 40.24 40.64
      Danish Krone DKK 41.83 42.23
      Hong Kong Dollar HKD 37.93 38.28
      Indian Rupee INR 3.57 3.68
      Japanese Yen JPY 1.63 1.71
      Kuwaiti Dinar KWD 945.27 954.27
      Malaysian Ringgit MYR 62.62 63.22
      New Zealand Dollar NZD 174.58 176.58
      Norwegians Krone NOK 27.87 28.17
      Omani Riyal OMR 762.31 770.31
      Qatari Riyal ‎QAR 80.69 81.39
      Singapore Dollar SGD 208 210
      Swedish Korona SEK 26.62 26.92
      Swiss Franc CHF 323.01 325.51
      Thai Bhat THB 8.12 8.27

      Gold Rate in Pakistan Today – September 30, 2023

      Today Gold Rate in Pakistan

      KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 205,600 on Saturday.

      The price of 10 grams of 24k gold was recorded at Rs 176,270. Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.

      Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

      Today Gold Price in Pakistan - 30 September 2023

      City Gold Silver
      Lahore PKR 205,600 PKR 2,450
      Karachi PKR 205,600 PKR 2,450
      Islamabad PKR 205,600 PKR 2,450
      Peshawar PKR 205,600 PKR 2,450
      Quetta PKR 205,600 PKR 2,450
      Sialkot PKR 205,600 PKR 2,450
      Attock PKR 205,600 PKR 2,450
      Gujranwala PKR 205,600 PKR 2,450
      Jehlum PKR 205,600 PKR 2,450
      Multan PKR 205,600 PKR 2,450
      Bahawalpur PKR 205,600 PKR 2,450
      Gujrat PKR 205,600 PKR 2,450
      Nawabshah PKR 205,600 PKR 2,450
      Chakwal PKR 205,600 PKR 2,450
      Hyderabad PKR 205,600 PKR 2,450
      Nowshehra PKR 205,600 PKR 2,450
      Sargodha PKR 205,600 PKR 2,450
      Faisalabad PKR 205,600 PKR 2,450
      Mirpur PKR 205,600 PKR 2,450


      Follow us on Facebook

      Follow us on Twitter

      Sign up for Newsletter