ISLAMABAD: The government in Pakistan’s southwestern Balochistan province is set to present its annual financial budget 2024-25 today, Friday, state-run media confirmed.
State broadcaster Radio Pakistan said Balochistan Finance Minister Mir Shoaib Nosherwani will present the budgetary proposals in the provincial assembly at 4:00 p.m.
“Balochistan budget for next fiscal year will be presented in provincial assembly in Quetta on Friday,” Radio Pakistan said.
Speaking at a joint press conference in Quetta on Sunday, Balochistan’s Planning and Development Minister Zahoor Ahmed Buledi and Finance Minister Nosherwani announced that employee salaries would see a 25 percent increase for grades 1 to 16, a 20 percent increase for grades 17 to 22, and a 15 percent increase in pensions in the upcoming budget.
Both ministers said the budget layout would exceed Rs850 billion while the federal budget allocated Rs58 billion for the southwestern province under the Public Sector Development Programme (PSDP) head for the upcoming fiscal year.
Pakistan’s restive Balochistan province, which shares porous borders with Afghanistan and Iran, has been wracked by an insurgency launched by ethnic Baloch militants for decades.
Baloch nationalists have long accused the Pakistani government of monopolizing profits from Balochistan’s abundant natural resources, saying it has led to political marginalization and economic exploitation.
However, Pakistani administrations have denied these allegations, citing several development initiatives launched in the province to improve local living conditions.
Balochistan to present budget 2024-25 today
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Balochistan to present budget 2024-25 today
- Provincial government announced last week that budget layout will exceed Rs850 billion
- Balochistan ministers also announced increase in government salaries in FY25 budget
Pakistan transporters call off five-day strike after successful talks with Punjab government
- Transporters went on strike against heavy fines, penalties imposed by Punjab over traffic violations
- Punjab government sets up committee to resolve transporters issues, confirms provincial minister
ISLAMABAD: Pakistani goods transporters called off their five-day-long nationwide strike on Friday after successful talks with the Punjab government, officials and transporters confirmed, as the business community warned of an impending economic crisis if the dispute stayed unresolved.
Transporters went on a nationwide strike on Dec. 8 against stringent traffic rules and heavy fines imposed by the Punjab government over traffic violations. These penalties were included in the Motor Vehicle Ordinance 2025 last month.
The ordinance details hefty fines ranging from Rs2000 [$7] to Rs50,000 [$178] and mentions prison sentences going up to six months for various offenses committed by drivers, such as driving on the wrong side of the road or driving in vehicles with tinted windows.
“Yes, the strike has been called off after our meeting with Senior Minister of Punjab Marriyum Aurangzeb,” Nabeel Tariq, president of the All Pakistan Goods Transport Association (APGTA), told Arab News.
Tariq said fines ranging from Rs1000 ($3.6) to Rs1500 ($5.4) for traffic violations have been increased to around Rs20,000 ($71.3) as per the new rules.
He said the APGTA has agreed to accept a 100 percent or even 200 percent hike in fines. However, he said an increase of 2000 percent was not “logical.”
“Our urgent demands have been accepted and a committee has been formed to review the ordinance and come up with recommendations,” Tariq said.
Speaking to Arab News, Aurangzeb confirmed the strike had been called off after talks with the Punjab government and that a committee has been formed to resolve the transporters’ issues.
The committee will be headed by Aurangzeb and will include representatives of goods transporters, a statement issued by her office said.
“The government wants to protect human lives and make things better for all citizens,” the statement said. “We will resolve the issues (with transporters) amicably.”
‘UNPRECEDENTED CRISIS’
Pakistan’s business and industrial community, meanwhile, warned of an impending crisis if the disputed was not resolved.
The All Pakistan Textile Mills Association (APTMA) and the Karachi Chamber of Commerce and Industry (KCCI) have both appealed for immediate government intervention.
Imdad Hussain Naqvi, president of the Grand Transport Alliance Pakistan (GTAP), told Arab News that over 400,000 goods carriers had been stranded across Pakistan due to the strike, affecting supplies to millions of consumers.
Earlier, in a letter to Punjab Chief Minister Maryam Nawaz, APTMA Chairman Kamran Arshad said the strike has “critically impacted import and export operations which are backbone of the country’s economy.”
He said hundreds of cargo vehicles remain stranded across Punjab, creating “abnormal delays” in goods movement and triggering heavy demurrage, detention charges, missed vessels and production shutdowns due to the non-availability of raw materials.
Arshad warned the disruption poses “a serious risk of order cancelation of export orders by international buyers, which would have far-reaching consequences for Pakistan’s foreign exchange earnings.”
Meanwhile in Pakistan’s commercial hub Karachi, KCCI President Rehan Hanif issued an even stronger warning, saying the nationwide strike threatens to paralyze Pakistan’s economic lifeline.
“The complete suspension of cargo movement is pushing Pakistan toward an unprecedented trade and industrial crisis,” Hanif said in a statement.
He added that import and export consignments are now stranded at the city’s ports, highways and industrial zones.
