logo
FY25: Sindh PA approves Rs156bn supplementary budget

FY25: Sindh PA approves Rs156bn supplementary budget

KARACHI: The Sindh Assembly on Tuesday approved a supplementary budget of over Rs156 billion for the fiscal year 2025–26, brushing aside fierce resistance of the opposition in the form of 735 cut motions, which were overwhelmingly rejected by the house.
Chief Minister Syed Murad Ali Shah, who also holds the portfolio of Sindh's Finance Minister, presented 84 supplementary demands for grants, including charged expenditures for the Governor's Secretariat and the Provincial Assembly. These demands were passed by the assembly during a session chaired by Speaker Syed Awais Qadir Shah.
The opposition had tabled over 735 cut motions against the supplementary grants, urging individual consideration of each. Leader of the Opposition Ali Khurshidi insisted that every motion was prepared with diligence and should be debated separately. However, the Speaker grouped the motions together and subjected them to a joint vote, in which they were rejected by a majority.
Presenting the supplementary demands, Murad Ali Shah detailed the expenditure breakdown, stating that over Rs5 billion was allocated to the judiciary's charged expenditures, Rs3 billion for the Sindh Assembly, and more than Rs1 billion for the Governor House. He further explained that over Rs59 billion was earmarked for debt servicing.
He clarified that expenses related to the courts are non-negotiable, but administrative departments including the Assembly could be asked to exercise restraint. Interestingly, the Chief Minister noted that while there were cut motions filed against CM Secretariat expenditures, none targeted those of the Governor or Speaker.
MQM's Muhammad Mazahir Amir raised concerns over rising petroleum costs due to global tensions in the Gulf region and urged the government to curb fuel expenditures. Murad Ali Shah responded by clarifying that although fuel prices had indeed risen, consumption levels had remained unchanged, which is why related costs had gone up.
In another cut motion, Muhammad Mazahir questioned an allocation for the CM House garden, to which the Chief Minister clarified that the funds were for stationery and supplies, not landscaping. Murad Ali Shah also disclosed that during the visit of the late Iranian President, who had come to the CM House, hospitality and protocol expenses had totalled Rs200 million, including traditional Sindhi gifts such as Ajraks and caps, and occasionally handcrafted items.
'These are not lavish expenses but unavoidable state protocols,' Murad Ali Shah said, while asserting that all valuable gifts he received were kept at the CM House or submitted to the Toshakhana, in accordance with national laws.
In his address, the Chief Minister made it clear to the opposition: 'Forget that any of the cut motions will be passed.' He acknowledged the opposition's right to contest, adding, 'It is their democratic role to oppose, so the public can see what they are standing against.'
MQM's Muhammad Rashid Khan suggested that state gifts should come from personal pockets. In response, Murad Ali Shah stated he receives many quality gifts, all of which are documented and stored appropriately.
The Sindh Assembly session was adjourned to resume on Wednesday at 11 a.m., when the Finance Bill 2025 is scheduled to be tabled.
Meanwhile, the opposition has also submitted over 2,000 cut motions on the upcoming fiscal year's budget, which the house will decide in the next sitting.
Copyright Business Recorder, 2025

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Iran extends access to airspace for overflights after ceasefire
Iran extends access to airspace for overflights after ceasefire

Business Recorder

timean hour ago

  • Business Recorder

Iran extends access to airspace for overflights after ceasefire

TEHRAN: Iran has expanded access to its airspace for international overflights following a ceasefire with Israel, though flight restrictions remain in place across much of the country, an official said Saturday. 'In addition to the eastern half of the country's airspace being available for domestic, international and overflight operations, the airspace over the central and western parts of the country has now also been opened only for international overflights,' Majid Akhavan, spokesman for the Ministry of Roads and Urban Development, said in a statement carried by the IRNA state news agency. Flights to and from airports in the north, south and west of the country, including Tehran's Mehrabad and Imam Khomeini international airports, remained suspended, according to Akhavan. 'All fellow citizens are requested not to go to airports located in the northern, southern and western regions of the country,' he said, urging travellers to follow updates through official sources only. The move comes after Iran reopened its eastern airspace on Wednesday, following a ceasefire that ended 12 days of fighting with Israel. Iran had closed its skies entirely on June 13 after Israel launched a wave of airstrikes, prompting Iranian missile retaliation. Airports now operating include Mashhad in eastern Iran — which Israel claimed to have targeted during the conflict — as well as Chabahar in the southeast. Flights in other regions remain suspended until further notice.

Oil steadies after report of planned OPEC+ Aug output hike
Oil steadies after report of planned OPEC+ Aug output hike

Business Recorder

timean hour ago

  • Business Recorder

Oil steadies after report of planned OPEC+ Aug output hike

HOUSTON: Oil prices edged up slightly on Friday, recovering from a midday drop into negative territory following a report that OPEC+ was planning to hike production in August, but tumbled about 12% in the week in their biggest drop since March 2023. Brent crude futures settled at $67.77 a barrel, up 4 cents, or 0.1%. US West Texas Intermediate crude finished up 28 cents, or 0.4%, at $65.52 a barrel. Four delegates from OPEC+, which includes allies of the Organization of the Petroleum Exporting Countries, said the group was set to boost production by 411,000 barrels per day in August, following a similar-size output increase already planned for July. 'The report about an OPEC increase came out and prices cratered,' said Phil Flynn, senior market analyst with Price Futures Group, about the midday slide. Crude prices were already headed for a 12% decline for the week following the cease-fire between Israel and Iran. During the 12-day war that started after Israel targeted Iran's nuclear facilities on June 13, Brent prices rose briefly to above $80 a barrel before slumping to $67 a barrel after US President Donald Trump announced an Iran-Israel ceasefire. 'The market has almost entirely shrugged off the geopolitical risk premiums from almost a week ago as we return to a fundamentals-driven market,' said Rystad analyst Janiv Shah. Flynn said expectations of higher demand in the coming months gave crude a boost earlier on Friday. 'We're getting a demand premium on oil,' Flynn said. Prices had also been supported earlier in Friday's session by multiple oil inventory reports that showed strong draws in middle distillates, said Tamas Varga, a PVM Oil Associates analyst. US government data on Wednesday showed crude oil and fuel inventories fell last week, with refining activity and demand rising. Meanwhile, data on Thursday showed that independently held gasoil stocks at the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell to their lowest in over a year, while Singapore's middle distillates inventories declined as net exports climbed week on week. Additionally, China's Iranian oil imports surged in June as shipments accelerated before the Israel-Iran conflict and demand from independent refineries improved, analysts said. China is the world's top oil importer and biggest buyer of Iranian crude. It bought more than 1.8 million barrels per day of Iranian crude from June 1-20, according to ship-tracker Vortexa, a record high based on the firm's data. The US oil and natural gas rig count, an early indicator of future output, fell for a fourth straight month to its lowest since October 2021, Baker Hughes said. The number of oil rigs fell by six to 432 this week, also the lowest level since October 2021.

Iran slams Trump over 'disrespectful' remarks on Supreme Leader
Iran slams Trump over 'disrespectful' remarks on Supreme Leader

Express Tribune

time14 hours ago

  • Express Tribune

Iran slams Trump over 'disrespectful' remarks on Supreme Leader

Iran has condemned remarks by US President Donald Trump as 'disrespectful and unacceptable' after he claimed credit for saving Iran's Supreme Leader, Ayatollah Ali Khamenei, from 'an ugly and ignominious death,' AFP reported on Saturday. Iranian Foreign Minister Abbas Araghchi responded strongly on the social media platform X, warning that such language would not help efforts to restart negotiations. The complexity and tenacity of Iranians is famously known in our magnificent carpets, woven through countless hours of hard work and patience. But as a people, our basic premise is very simple and straightforward: we know our worth, value our independence, and never allow anyone… — Seyed Abbas Araghchi (@araghchi) June 27, 2025 'If President Trump is genuine about wanting a deal, he should put aside the disrespectful and unacceptable tone towards Iran's Supreme Leader, Grand Ayatollah Khamenei, and stop hurting his millions of heartfelt supporters,' Araghchi posted. He added that 'the great and powerful Iranian people, who showed the world that the Israeli regime had no choice but to run to 'Daddy' to avoid being flattened by our missiles, do not take kindly to threats and insults.' Earlier, Donald Trump claimed he prevented the assassination of Supreme Leader Ayatollah Ali Khamenei, declaring he would have allowed the strike but chose not to. Posting on his social media platform Truth Social, Trump said he halted a plan involving the US Armed Forces and Israel to kill Khamenei, following recent Iranian assertions that nuclear facility damage was overstated. 'I knew exactly where he was sheltered, and would not let Israel, or the US Armed Forces, by far the greatest and most powerful in the world, terminate his life,' Trump wrote. 'I saved him from a very ugly and ignominious death, and he does not have to say, 'Thank you, President Trump!'' he added. Trump criticised Khamenei for his recent statement calling Iran's response to US and Israeli strikes 'a slap' to Washington. The president described the Supreme Leader's words as 'anger, hatred, and disgust,' and said he immediately abandoned work on sanction relief as a result. He also issued a warning to Tehran: 'If Iran continues down the path of nuclear weapons, the bombing will resume, and it will be far worse.' The comments come amid high tensions in the Middle East after a 12-day war between Iran and Israel, followed by a US-brokered ceasefire.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store