AJK govt announces over Rs220 billion budget 2024-25

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The minister detailed that total receipts were estimated at Rs201.17 billion

MIRPUR - The Azad Jammu & Kashmir government on Tuesday announced its budget of over Rs 220 billion for the financial year 2024-25, including a development outlay of Rs 44 billion.

Highlighting the key features of the budget, Minister Abdul Majid Khan said the total estimated income stood at Rs 201.17 billion, with significant contributions expected from federal grants and inland revenue., with Rs. 105 billion anticipated from the Federal Government under the Federal Variable Grant, Rs75 billion from inland revenue, Rs15 billion from electricity, and Rs 0.45 billion from the Forest Department.

The minister said the total expenditure for the fiscal year 2024-25 was estimated at Rs 220.033 billion.

 

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