Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: GB Council approves budget of Rs 2.4 billion for year 2017-18
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Gilgit & Baltistan Council
PhotoNews Pakistan > Business > GB Council approves budget of Rs 2.4 billion for year 2017-18
BusinessGilgit - BaltistanTop News

GB Council approves budget of Rs 2.4 billion for year 2017-18

Web Desk
By Web Desk Published October 25, 2017 4 Min Read
Share
SHARE

The Gilgit & Baltistan Council  Wednesday  approved a budget with a total outlay of about Rs 2.4 billion for financial year 2017-18 for Gilgit & Baltistan.

Prime Minister Shahid Khaqan Abbasi, who is also the Chairman of the Council, chaired the meeting.

The Prime Minister in his remarks at the meeting said the Pakistan Muslim League – (Nawaz) government was committed to the development of the Gilgit & Baltistan and assured that the Federal government would provide all necessary resources in this regard.

He said PML-N was the only government in Pakistan that had the unique honour of not only initiating development projects, but also completing these on time.

He said the China Pakistan Economic Corridor (CPEC) was a project aimed at bringing about a sea change in the national economy. He said the CPEC not only provides road connectivity but would also provide opportunities for the local communities to flourish. He said now it was upto the leadership of the Gilgit & Baltistan to optimally benefit from the project.

Prime Minister Abbasi said the Northern Areas were unique as it’s people were loving, sincere and friendly.
He said democracy in the country was flourishing and now the second democratic government was in power and serving the masses. He said the people would  bring into power only those who they seem fit, at the end of the term.

Prime Minister Abbasi also called for holding of regular meetings of the Gilgit Baltistan Council and said it served as a bridge between the Federal government and Gilgit-Baltistan.

He said former Prime Minister Nawaz Sharif was committed to the development of the area and had approved several socio-economic uplift projects.

He said the Federal government would continue funding of projects under its PSDP and urged the Council Members to find means for generating funds for local projects. He said the GB leadership had to take difficult decisions.

He said work on supply of the natural gas for Gilgit had already initiated and LNG’s supply for Skardu could also start once the road was improved.

Prime Minister Shahid Khaqan Abbasi said Rs32 billion for the construction of Gilgit-Skardu Road had been allocated, which would tremendously benefit the people of the area.

Minister for Kashmir Affairs and Gilgit-Baltistan Barjees Tahir earlier presented the G-B Council’s budget for the current fiscal year worth over Rs2 billion at the first meeting of the budget session of GB Council held in Islamabad last month.

He was appreciative of former Prime Minister Nawaz Sharif for his vision and thanked Prime Minister Abbasi for carrying forward his policies. He said Nawaz Sharif had particularly directed that the GB Council budgets should be passed locally and not in Islamabad.
Barjees Tahir giving details of the budget said Rs .2398.25 million will come from tax receipts, while the total expenditure was estimated at Rs 2199.067 million.

He said Rs 1474.016 million have been allocated for development projects while Rs 725.951 million for non-development projects.
The Minister-in-Charge, Gilgit-Baltistan Council also presented the Audit Report 2016-17 and Appropriation Accounts of GB Council for the Year 2015-16.

The meeting was attended by GB Governor Mir Ghazanfar Ali Khan, Chief Minister Hafeezur Rehman and members of the Council. (APP)

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Salman Akram Raja on Aliya Hamza's tweet

Imran Khan Rejects Salman Akram Raja’s Resignation Amid PTI By-Election Dispute

Taylor Swift Lively Baldoni

Blake Lively Faces Fallout with Taylor Swift and Friends Amid Legal Drama

Tom Cruise Brad Pitt movie

Joseph Kosinski Pitches Tom Cruise, Brad Pitt F1-Days of Thunder Sequel

Post Archives

More Popular from Photonews

Wizard of Oz Sphere
Entertainment

Wizard of Oz at Sphere Las Vegas Debuts with AI Enhancements

2 Min Read
Russia Ukraine Long-Range Missiles
World

Russia’s New Law Fines Internet Users for Extremist Content Searches

3 Min Read
Nick Kyrgios OnlyFans
Sports

Nick Kyrgios Hosts OnlyFans Show with Tennis Star Sachia Vickery

3 Min Read
Tech

Sam Altman Targets Elon Musk’s Companies in Ongoing Feud

Forbes reported that OpenAI CEO Sam Altman is intensifying his rivalry with Elon Musk, targeting Musk’s…

August 20, 2025
Khyber Pakhtunkhwa

Bajaur Blast Injures Several at Enayat Kaley Bazar

On August 20, 2025, an explosion in Enayat Kaley Bazar on Bypass Road in Bajaur, Khyber…

August 20, 2025
Pakistan

DG ISPR Denies Filed Marshal Munir’s Political Comments in Brussels

On August 21, 2025, Director General Inter-Services Public Relations (DG ISPR) Lieutenant General Ahmed Sharif Chaudhry…

August 21, 2025
Balochistan

Pakistan Railways Suspends Jaffar Express Train Services

Pakistan Railways has temporarily suspended train operations on the Quetta to Peshawar route for two days…

August 25, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?