Latest news with #Rs520
Express Tribune
12 hours ago
- Business
- Express Tribune
JI riles provincial, federal govts for ignoring Karachi
Jamaat-e-Islami (JI) Karachi Ameer Monem Zafar stated that the federal, provincial and local government budget made it very clear that Karachi and Karachiites were the priority of none among the ruling parties. The JI leader expressed these views while addressing a post budget press briefing held at Idara Noor-e-Haq, the JI Karachi headquarters, on Friday. Speaking on the occasion, he said that the Pakistan Peoples Party (PPP) regime allocated just Rs37.44 billion for Karachi out of its budget of Rs3,451 billion -- a mere 1.1 per cent of the total budget. He demanded that at least Rs500 billion be allocated for development in Karachi. Similarly, he said, each town should be granted Rs2 billion and each union council should be granted Rs20 million. Talking about the budget by nine towns in Karachi run by the JI, he dubbed it health, education and people friendly budget. Detailing the budget in the nine towns, he said that Rs870 million were allocated for the education sector as compared to Rs520 million in the last fiscal year. He said that an amount of over Rs310.5 million was allocated for the health sector as compared to Rs160 million in the previous year.
Business Recorder
4 days ago
- Politics
- Business Recorder
Lahore High Court rejects Imran Khan's 8 bail petitions in May 9 cases
The Lahore High Court (LHC) on Tuesday rejected post-arrest bail petitions of Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan in eight cases related to May 9 riots, Aaj News reported. A division bench of the high court, presided over by Justice Syed Shahbaz Ali Rizvi, announced the verdict, which had been reserved on Monday. The PTI founder's counsel had filed bail pleas in eight separate cases in the LHC, including the attack on Jinnah House, Askari Tower, and Shadman Police Station, after an anti-terrorism court had dismissed these petitions. During the proceedings, a prosecutor had maintained that Imran Khan had directed party workers and leaders to attack military installations if he were arrested. The prosecutor informed the court that the PTI founder incited public sentiment against state institutions following his ouster from power. He further stated that the former prime minister had refused to undergo both polygraph and photogrammetric testing and had repeatedly defied orders issued by the trial court. Imran Khan's legal counsel, Barrister Salman Safdar, contended that his client was falsely implicated in these cases at a later stage, arguing that Khan had already been in custody on May 9 when the incidents occurred. The prosecutor also told the court that the May 9 riots resulted in damage worth Rs40 million to police equipment, while the attack on the Lahore Corps Commander's residence, known as Jinnah House, alone caused losses exceeding Rs520 million. Last month, an Anti-Terrorism Court in Islamabad sentenced 11 individuals, including PTI Member of the National Assembly Abdul Latif, to a total of 15 years and 4 months in prison, along with financial penalties. The case stemmed from an incident on March 18, 2023, when a large number of PTI supporters accompanied Imran Khan to the Judicial Complex. Protesters forcibly removed security barriers, stormed the premises, damaged property, and disrupted court proceedings.
Business Recorder
5 days ago
- Politics
- Business Recorder
LHC reserves verdict on IK's bail pleas
LAHORE: A division bench of the Lahore High Court on Monday reserved its verdict on post-arrest bails applications of former PTI Chairman Imran Khan in eight May 09 riots cases including attack on Corps Commander House after both the sides concluded their arguments. A prosecutor in his concluding arguments said that those who abetted the crime were equally liable to punishment. He alleged that since being ousted from power, the PTI former chairman had been inciting the public against state institutions. The prosecutor also informed the bench that the police suffered losses of Rs40 million during the May 9 riots while the damage to the Jinnah House alone exceeded Rs520 million. He also told the court that Imran Khan defying the trial court orders refused to undergo polygraph and photogrammetric tests. The prosecutor asked the court to dismiss the bail petitions for defying the trial court's orders and let the trial court decide the cases. The Imran's counsel argued that the prosecution failed to establish the petitioner's association with the occurrences narrated in the FIRs. He said the petitioner has been implicated in the May 9 cases as a result of a plan merely to harass and humiliate him for political reasons even though he was in the custody of the NAB. The sole allegation against the petitioner in the cases is of abetment which has been supplemented by the prosecution most vaguely, he pleaded. He argued that the trial court overlooked the facts related to the May 9 events. An anti-terrorism court on November 27, 2024, had denied bail to the former Prime Minister in the cases. Copyright Business Recorder, 2025
Express Tribune
14-06-2025
- Business
- Express Tribune
CM presents over Rs1tr ADP for 2025-26
Sindh Chief Minister Syed Murad Ali Shah, while unveiling the annual budget in the assembly, presented the Annual Development Programme (ADP) for the fiscal year 2025-26 with a total outlay of Rs1.018 trillion. The ADP is set at Rs520 billion, complemented by District ADP Rs55 billion, Foreign Project Assistance (FPA) Rs366.72 billion, and Federal PSDP grants Rs76.28 billion. The ADP and the development portfolio focus on the rehabilitation of flood-damaged schools and infrastructure to enhance education access, upgradation of healthcare facilities, promotion of climate-resilient agriculture and irrigation system restoration, provision of clean drinking water and sanitation to improve public health, strengthening road connectivity and urban infrastructure including mass transit and Safe City projects in Karachi, implementation of green energy initiatives and renewable energy projects, poverty alleviation through nutrition support, community infrastructure, and low-cost housing. Ongoing and New Schemes The ADP includes 3,642 schemes with Rs400.5 billion allocated - 82.6 per cent for 3,161 ongoing projects and 17.4 per cent for 481 new initiatives. Special development initiatives have been allocated Rs119.5 billion. Sector-wise Allocations Education Rs102.8 billion; health: Rs45.4 billion; irrigation: Rs84 billion; local government: Rs132 billion; works & services: Rs143 billion; energy (including Thar Coal and renewable): Rs36.3 billion; agriculture, livestock, fisheries: Rs22.5 billion; transport & mass transit: Rs59.7 billion. Development Strategy The government emphasises completing ongoing projects by allocating 80 per cent of the budget to them, while 20 per cent is reserved for new schemes. Special priority is given to rehabilitation of flood-hit areas, energy initiatives, Karachi city projects, and sustainable development goals like clean water and sanitation. Implementation and Monitoring The Planning & Development Depart-ment will fast-track approval of SDG-related projects, with strict financial release strategies to ensure timely completion. The government also plans to extend the plan period of schemes expiring in June 2025 by one year to maintain continuity. Review of 2024-25 Performance The outgoing year saw the completion of 1,460 schemes, the highest in recent years, with significant progress in housing for flood-affected people - over 400,000 houses completed and more under construction. The total development expenditure reached Rs468 billion, with 73 per cent utilisation of released funds. This comprehensive ADP reflects Sindh's commitment to sustainable development, infrastructure enhancement, and social welfare, aiming to boost economic growth and improve quality of life across the province.
Business Recorder
13-06-2025
- Business
- Business Recorder
Sindh govt presents Rs1.02trn Annual Development Programme for FY2025-26
Sindh Chief Minister Syed Murad Ali Shah, while unveiling the annual budget in the assembly, presented the Annual Development Programme (ADP) for the fiscal year 2025-26 with a total outlay of Rs1.02 trillion. The provincial ADP is set at Rs520 billion, complemented by district ADP, foreign project assistance (FPA), and federal PSDP grants. 'This ambitious development plan focuses on rehabilitation, infrastructure, social services, and sustainable growth across the province,' the CM House said in a statement. Highlights of ADP 2025-26 Provincial ADP: Rs520 billion District ADP: Rs55 billion Foreign Project Assistance: Rs366.72 billion Federal PSDP: Rs76.28 billion The ADP and the development portfolio focus on the rehabilitation of flood damaged schools and infrastructure to enhance education access, upgradation of healthcare facilities for improved service delivery, promotion of climate-resilient agriculture and irrigation system restoration, and provision of clean drinking water and sanitation to improve public health. Key highlights of Pakistan budget for 2025-26 It also includes strengthening road connectivity and urban infrastructure, including mass transit and safe city projects in Karachi, implementation of green energy initiatives and renewable energy projects, poverty alleviation through nutrition support, community infrastructure, and low-cost housing. Ongoing and new schemes The ADP includes 3,642 schemes with Rs400.5 billion allocated - 82.6% for 3,161 ongoing projects and 17.4% for 481 new initiatives. Special development initiatives have been allocated Rs119.5 billion. Sector-wise allocations Education: Rs102.8 billion Health: Rs45.4 billion Irrigation: Rs84 billion Local government: Rs132 billion Works & services: Rs143 billion Energy (including Thar coal and renewable): Rs36.3 billion Agriculture, livestock, fisheries: Rs22.5 billion Transport and mass transit: Rs59.7 billion Development Strategy The government emphasises completing ongoing projects by allocating 80% of the budget to them, while 20% is reserved for new schemes. 'Special priority is given to flood rehabilitation, energy initiatives, Karachi city projects, and sustainable development goals like clean water and sanitation,' the CM House said. Implementation and monitoring 'The Planning & Development Department will fast-track approval of SDG-related projects, with strict financial release strategies to ensure timely completion.' Sindh government also plans to extend the plan period of schemes expiring in June 2025 by one year to maintain continuity.
