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

Multi-alignment, upgraded

With US ties strained and China tense, New Delhi taps Europe’s harder edge for co-development, clean tech and strategic autonomy, writes Manoj Menon India is recalibrating its great-power hedging as frictions with

India-EU Trade Deal Breakthrough Soon?

Negotiators report increased momentum in discussions, which have been given a boost from US President Donald Trump’s tariff offensive…reports Asian Lite News India and the European Union aim to finalise a trade

Europe Seeks Peace in Gaza

European countries condemn Israeli interception of Gaza-bound flotilla, demand safety of citizens…reports Asian Lite News Israel’s interception of an international flotilla carrying humanitarian aid to Gaza has sparked condemnation across Europe, with

GAZA: Egypt to Host Peace Talks

Egypt hopes the discussions will help “end the war and the suffering of the brotherly Palestinian people, which has continued for two consecutive years…reports Asian Lite News Egypt will host Israeli and

‘My Injuries Made Me’

During his four-year battle with injury, the incumbent fast bowling spearhead made occasional appearances but couldn’t bear the workload and demands of red-ball cricket….reports Asian Lite News England tearaway Jofra Archer believes
Go toTop

Don't Miss

‘A military project’: Baloch activist slams CPEC

The Canada-based Baloch activist said that China is the new

Balochistan Protests Amid Pakistan Elections

Against the backdrop of armed conflict, a sizable segment of