AJK cabinet approves budget – Pakistan

MUZAFFARABAD: Azad Jammu and Kashmir (AJK) cabinet on Friday approved the region’s budget for the next fiscal year to be unveiled on the floor of the Legislative Assembly on Saturday.

The budget – the first by PTI government after assuming office in August last year – will be presented by minister for finance and inland revenue Abdul Majid Khan.

Presentation of the budget was delayed by the AJK government in a bid to mount pressure on the federal government for withdrawal of the latter’s decision to impose cuts on the territory’s development and recurring budget in the wake of the country’s poor economic health.

Though there was no clear word from the the AJK functionaries regarding their demand, there were however indirect indications that the federal government had given them some assurances to address their concerns.

Published in Dawn, June 25th, 2022