Budget 2020-21: No new tax in Rs139.5bn AJK budget

Pakistan

MUZAFFARABAD: With a record outlay of Rs139.5 billion, the annual budget of Azad Jammu and Kashmir (AJK) for the fiscal year 2020-21 proposes Rs115bn for recurring expenditures and Rs24.5bn for developmental activities.

Finance Minister Dr Najeeb Naqi, who presented the budget in the AJK Legislative Assembly here on Thursday, claimed that it “reflected and represented the priorities of government and the aspirations of people”.

Unlike last year, when Mr Naqi’s budget speech was marred by unrelenting protest and commotion by the opposition, Thursday’s session remained peaceful by and large, after two out of four opposition lawmakers staged a walkout for not being allowed to speak on a point of order.

However, their remaining two colleagues did not leave and attended the entire session, without disturbance. The strength of the combined opposition in the 49-member house is 12.

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