February 2, 2023
1 min read

Balochistan’s financial crisis getting worse

Thousands of people were left homeless by last year’s floods in 28 of the province’s 35 districts..reports Asian Lite News

Balochistan’s economic crisis only tends to get worse with every passing day as the province in the past three months has not received its share of for rehabilitation and reconstruction of infrastructure in flood-ravaged regions, the Dawn reported.

According to Chief Minister Mir Abdul Qudoos Bizenjo and Finance Minister Zamrak Khan Piralizai, who have time and again drawn attention to the provincial crisis, Balochistan has not been receiving its share PKR 11 billion from the National Finance Commission (NFC) award. Moreover, the province’s spokesperson on Tuesday, Balochistan has been experiencing financial difficulties for the past three months as a result of not receiving its fair part of PKR 11 billion from the National Finance Commission (NFC) award.

Even for flood relief, the province has not received any funding from Islamabad.

Thousands of people were left homeless by last year’s floods in 28 of the province’s 35 districts.

A significant portion of the provincial government’s budget, according to the spokeswoman, is used to maintain peace and order, the Dawn reported.

Apart from bearing the brunt of terror attacks and terror-related activities in the country, Balochistan and Khyber Pakhtunkhwa are also in the throes of a crippling economic crisis. (ANI)

ALSO READ: IMF slashes Pakistan’s economic growth

Previous Story

Kriti doing a quirky love story with Shahid

Next Story

Myanmar junta extends state of emergency

Latest from -Top News

Modi, Putin Discuss Alaska

Russian President Vladimir Putin on Monday spoke with Prime Minister Narendra Modi, sharing his assessment of last week’s meeting with US President Donald Trump in Alaska PM Modi reiterated India’s consistent stance

Wang Yi Arrives In Delhi

In July, EAM Jaishankar attended the SCO Meeting of the Council of Ministers of Foreign Affairs in Tianjin, meeting his Chinese counterpart and calling on Xi Jinping alongside other SCO Foreign Ministers

Peace Key To India-China Ties

Wang Yi is scheduled to hold a fresh round of Special Representatives dialogue with NSA Ajit Doval on the boundary question and later call on Prime Minister Narendra Modi Emphasising the importance

Egypt, Palestine PMs Discuss Gaza

Palestinian Prime Minister Mustafa highlighted that the Arab-Islamic peace plan stresses reconstruction of Gaza without displacement of its people Egyptian Prime Minister Mostafa Madbouly and his Palestinian counterpart Mohammad Mustafa met in

European Leaders Join Zelensky

The White House meeting comes after a tense encounter in February when Trump berated Zelensky in front of US Vice-President J.D. Vance, underscoring why Kyiv is now bringing allies to strengthen its
Go toTop

Don't Miss

Activists Targeted Again in Balochistan

The Baloch Yakjehti Committee (BYC) on Tuesday condemned the enforced

Baloch Protest Crackdown Draws Amnesty’s Ire

Amnesty International urged Pakistani authorities to promptly and unequivocally dismiss