Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Last of Us Season 2
    Videos

    ‘The Last of Us’ Season 2 Premieres Date What to Expect From HBO’s Hit Series

    April 13, 2025 2 Min Read
    Disney Snow White box office
    Videos

    Snow White Teaser Drops: Gal Gadot and Rachel Zegler Shine

    February 22, 2025 1 Min Read
    Busin Ja Dhika song
    Videos

    Busin Ja Dhika Song: A Raw Pakistani Anthem Goes Viral

    February 21, 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

For more info visit Bank Alfalah

Recent Posts

Nvidia Most Valuable Company

Nvidia to Launch Affordable Blackwell AI Chip for China in June 2025

Skardu tourists accident

Four Punjab Tourists Found Dead in Ravine Near Skardu After Week-Long Search

Gold Prices Pakistan

Gold Prices in Pakistan Surge to Rs354,100 per Tola Amid Global Rally

Pakistan deportee passports

Pakistan to Cancel Passports of Deportees, Tightens Migration Rules

Imran Khan relief efforts

US-Based Pakistani Delegation Seeks Relief for Imran Khan

Post Archives

More Popular from Photonews

Gumball spinoff
Entertainment

Gumball Returns with The Wonderfully Weird World Spinoff on Hulu, Disney+

3 Min Read
MrBeast Hood MrBeast meme
Entertainment

MrBeast Recreates Viral “Hood MrBeast” Meme, Teases Star-Studded Video

2 Min Read
Kid Cudi
Entertainment

Kid Cudi Testifies in Diddy Trial: Alleges Arson Linked to Cassie Ventura Romance

4 Min Read
Business

Pakistan Targets 4.4% GDP Growth in 2025-26 Budget, IMF Pushes Fiscal Reforms

Pakistan has set a GDP growth target of 4.4% for the fiscal budget of 2025-26, an…

May 19, 2025
Pakistan

Pakistan’s 2025 Hajj Scandal: 67,000 Pilgrims Miss Out Due to Private Operator

Federal Minister for Religious Affairs Sardar Muhammad Yousaf blamed private tour operators for a major Hajj…

May 23, 2025
Entertainment

Hailey Bieber Addresses Rumors, Shines in Vogue’s 2025 Cover

Hailey Bieber, the 28-year-old model and entrepreneur, graces the June 2025 cover of Vogue, where she…

May 21, 2025
Entertainment

Kneecap’s Mo Chara Faces Terrorism Charge for Hezbollah Flag at 2024 London Concert

On May 21, 2025, Liam Óg Ó hAnnaidh, also known as Mo Chara from the Irish-language…

May 22, 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?