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• The Balochistan government on June 19, 2019 unveiled the budget amounting
to Rs 419 billion for the financial year 2019-20, proposing special measures for
the uplift of different social sector development projects including health,
education, communication and other developmental projects.
• The budget was presented in the Provincial Assembly by Finance Minister Zahoor
Ahmed Buledi. The session was chaired by Speaker Abdul Qaddus Bizenjo.
• Presenting the budget, the Finance Minister said that out of the total budget
outlay of over Rs 419 billion, Rs 26 billion had been allocated for development
programmes and Rs 257 billion for non-development expenditures while the
budget deficit during the next fiscal year was estimated at Rs 48 billion. He said
that an amount of Rs 60 billion had been set aside for the education sector and
Rs 44.6 billion for improving the law and order situation in the province.
• The Minister said that receivable income from the Federal government was
estimated at Rs 339 billion and special allocation was made for the promotion of
education in the province. He said that sufficient amount was also earmarked for
the health, power sector and irrigation. The government, he said, had proposed
10pc ad hoc relief for the government servants from grade-1 to 16, while 5 pc
relief was proposed for officials of grade 17-20, whereas the minimum wage was
fixed at Rs 17,500 per month.
• Army Chief Gen Qamar Bajwa on June 19, 2019 of fered security cooperation
to Iraq.
• The army chief was speaking to Iraq`s Acting Defence Secretary Lt Gen (Staf
f) Pilot Muhammad Salim Al Araji, who called on him at the General Headquarters.
• It should be recalled that the defence secretary had a day earlier renewed
Pakistan`s offer to train Iraq`s armed forces and augment bilateral defence
cooperation.
• Two Commodores of Pakistan Navy were promoted to the rank of Rear Admiral
on June 19, 2019.
• These officials include Rear Admiral Muhammad Saeed and Rear Admiral Abdul
Samad. Both the rear admirals have served at important command and staff
positions during their career.
• Rear Admiral Saeed got commission in Navy in 1988. The Flag Officer is a
graduate of Navy War College Lahore, National Defence University, Islamabad,
and has also done professional courses from UK and France. The Rear Admiral
has an illustrious career with vast experience of various Command and Staff
appointments.
• The Admiral is currently performing the duties of Director General Naval
Research & Development Institute and Managing Director Platform Design House
at Karachi. In recognition of his meritorious services, the Admiral was awarded
Sitara-e-Imtiaz (Military).
• Fayyaz Ahmed Qureshi has assumed the charge of Director General (DG) NAB
Khyber Pakhtunkhwa Wednesday relieving Mujahid Akbar Baloch.
• It merits mentioning here that Fayyaz Qureshi hails from Sindh.
• He joined National Accountability Bureau in 2004 as Additional Director and
became Director in 2014.
5. Pakistan gets SCO Youth Council membership
• China`s massive Belt and Road infrastructure drive could speed up economic
development and reduce poverty for dozens of developing countries, the World
Bank said in a new report that called for deep policy reforms and more
transparency for the initiative.
• The long-delayed report said that the Belt and Road a string of ports, railways,
roads and bridges and other investments connecting China to Europe via central
and southern Asia could lif t 32 million people out of moderate poverty conditions
if implemented fully.
• Still, there are `significant risks, the World Bank said.
• `Achieving the ambitions of the Belt and Road Initiative will require equally
ambitious reforms from participating countries,` World Bank Vice President for
Equitable Growth Ceyla Pazarbasioglu said in a statement.