Sindh Budget FY21 – No compromise on helping itself

Sindh Budget FY21 - No compromise on helping itself

Published in: June 2020

At a time when governments around the world have been forced to take unprecedented steps to tackle the coronavirus, the Sindh government will continue spending most of its funds to meet non-development expenditures in FY21 such as paying salaries and pension. A mere PKR 232.94Bn is expected to be spent on development expenditure. The Sindh government has followed the federal by refraining from introducing any new taxes, however, unlike the federal government, it extended no tax relief. The only benefit extended to businesses is a PKR 5Bn allocation for Soft Loan Program. Development projects in Karachi remain ignored as barely any new projects have been included.