KARACHI: Sindh Chief Minister Murad Ali Shah presented the budget for the financial year 2026-27 in the House.
A meeting of the Sindh Assembly was held under the chairmanship of Speaker Syed Owais Qadir Shah in which Chief Minister Sindh Murad Ali Shah presented the budget of Rs 3.562 trillion for the new financial year in the House, while the opposition created a ruckus at the beginning of the Chief Minister’s speech.
While delivering the budget speech, Sindh Chief Minister Syed Murad Ali Shah said that he is happy to present the budget in the House for the 13th consecutive time. No new taxes have been imposed in the budget, and he is determined to provide relief to the public and the business community.
Increase in salaries and pensions
The Chief Minister announced a 7% increase in the salaries and pensions of Sindh government employees and the merger of ad hoc relief allowances for 2022 and 2025, while the minimum monthly wage in the province was increased from Rs 40,000 to Rs 43,000.
Syed Murad Ali Shah announced the establishment of the ‘Sindh International Financial Center’ in Karachi and said that the financial center will be a platform for infrastructure finance, Islamic finance and climate finance.
The Sindh Chief Minister expressed his determination to make Keti Bandar a global maritime, logistics, industrial and energy hub and said that Shaheed Zulfikar Ali Bhutto laid the foundation of Port Qasim, now under the vision of Shaheed Benazir Bhutto, Chairman Bilawal Bhutto will shape the new economic destiny of Keti Bandar. After Port Qasim, Keti Bandar is going to become the next great milestone in the economic development of Sindh.
