CDGK's Rs.52.360bn Budget Passed

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In a friendly environment the City Council approved the city district government Karachi's (CDGK) Rs.52.360 billion budget for fiscal year 2009-10.

The budget, presented in the house by Syed Mustafa Kamal, City Nazim, was approved without any further discussion as the opposition members supported dominated treasury in passing the budget.

The budget includes an estimated non-development expenditure of Rs.25.542 billion and Rs.26.818 billion for development expenditures.

The budget also estimated a surplus of Rs.170.36 billion with total expected receipts standing at Rs.52.531 billion as against the total expenditure of Rs.52.360 billion.

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