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Balochistan unveils Rs1028bn budget
Balochistan unveils Rs1028bn budget

Business Recorder

time6 days ago

  • Business
  • Business Recorder

Balochistan unveils Rs1028bn budget

QUETTA: The Balochistan government on Tuesday unveiled a Rs1,028 billion budget for the fiscal year 2025-26, with the health an education departments getting a major chunk. Balochistan Finance Minister Mir Shoaib Nosherwani presented the budget, which according to the government, prioritises transformative development, public welfare, and tackling pressing challenges such as climate change, healthcare, and education. According to the announcement, Balochistan government has proposed 10 percent increase in salaries of government employees while 7pc increase has been suggested in pension of the retired government employees. Balochistan government unveils Rs1028 bln surplus budget for FY2025-26 According to the budget document, the overall outaly of the budget for fiscal year 2025-26 is Rs1020 billion. The non-development budget has been set at Rs640 billion. The provincial government also proposed to increase disparity allowance by 20pc for eligible government employees from BS 1 to BS16. The provincial government said federal revenue for the next fiscal year is estimated at Rs 801 billion while Balochistan's own revenue was projected at Rs 101 billion. Rs 24 billion revenue is expected from the sui gas lease extension bonus. The overall total revenue for the next fiscal year is estimated at Rs 1020 billion with expenditure estimated at Rs 986 billion and total savings in the budget are estimated at Rs 34 billion. Balochistan government has allocated Rs 249 billion for development expenditure from its own resources, while Rs66.5 billion will be available for federal development projects. The development expenditure financed by foreign aid is estimated at Rs 30 billion. Balochistan government has allocated 19 percent of the development budget for the Communications Department. More than Rs 55.2 billion 21 allocated for the Communications Department, Rs42.7 billion earmarked for the Irrigation Department and Rs19.8 billion set aside for school education. Balochistan Finance Minister told the assembly that Rs16.5 billion allocated for development projects in health sector, development budget of the Local Government Department has been set at Rs12.9 billion. Rs10 billion 17 crores allocated for Agriculture Department while development budget of the Energy Department has been fixed at Rs7.8 billion. Balochistan Finance Minister claimed that Rs4.99 billion set aside for higher education, Rs56 crore allocated for mines and minerals, over Rs15 crore for women development. The Balochistan government has announced Rs12.6 billion for science and technology and Rs17.1 billion for public health engineering department. Earlier, Provincial Cabinet which met under the chair of Balochistan Chief Minister Sarfaraz Bugti has approved budget for next fiscal year 2025-26. Addressing the Cabinet meeting, CM Bugti lauded Finance Minister and officers of planning and other concerned departments for offering a balanced budget. Balochistan CM said the second batch of 2300 youth will soon leave for training abroad. Chief Minister Sarfaraz Bugti hoped that the province will receive installment from the federation for conversion of agricultural tube wells on solar. Balochistan Chief Minister demanded transparency in mega projects worth 60 billion. He said the government was opening 3200 government schools which had been closed due to shortage of funds and other challenges. CM Bugti said 150 BHUS will be attached with tele medicines in the province. He lauded Chief Secretary for pension reforms scheme. Balochistan Chief Minister said irrigation, communication, education, health, law and order and climate change will be given priority in the new budget.

From RM15,000 to RM25,000: MyKiosk 2.0 gets solar panels, hydraulic windows
From RM15,000 to RM25,000: MyKiosk 2.0 gets solar panels, hydraulic windows

Sinar Daily

time23-05-2025

  • Business
  • Sinar Daily

From RM15,000 to RM25,000: MyKiosk 2.0 gets solar panels, hydraulic windows

Following the positive reception of MyKiosk 1.0, 18 upgrades were made, including modular installation (fully detachable units), solar panels with batteries and sloped roofing. New MyKiosk 2.0 units come with higher price tag, enhanced design SHAH ALAM - The cost of MyKiosk 2.0 units has increased compared to MyKiosk 1.0, reflecting significant upgrades made in response to feedback from traders and local authorities (PBTs). Launched four months ago, a MyKiosk 2.0 unit is now priced at RM25,000, up from RM15,000 for the MyKiosk 1.0 programme introduced in 2023. MyKiosk is a KPKT initiative that helps small traders get licences and provides them with a better, more comfortable place to do business. The Local Government Department (JKT) under the Housing and Local Government Ministry (KPKT) clarified that, following the positive reception of MyKiosk 1.0, 18 upgrades were made, including modular installation (fully detachable units), solar panels with batteries and sloped roofing. KPKT also stated that funding for the project was allocated to PBTs based on the cost outlined in the Letter of Acceptance (SST), which had been approved during the PBT-level Price Committee Meeting (JKSH). 'The increase in cost to RM25,000 reflects design specification upgrades that make the kiosks more user-friendly. 'These now feature larger solar energy systems, upgraded electrical systems with LED lighting for better illumination, hydraulic windows, and adjustable shelving for product arrangement," the department said. These enhancements respond to complaints and suggestions received during the MyKiosk 1.0 phase. Despite the added features, rental rates remain affordable, not exceeding RM300 per month. KPKT clarified that a total of 7,243 MyKiosk units were supplied nationwide through 349 contractors for MyKiosk 1.0 and 446 contractors for MyKiosk 2.0. The project is designed to benefit 133 PBTs and create opportunities for 795 local contractors involved in kiosk supply. 'The occupancy rate of the kiosks depends largely on the availability of vendors willing to start businesses and the selection of strategic locations. 'However, we do not object to PBTs relocating underperforming kiosks to more strategic areas to support small traders and help them generate income," KPKT said. More Like This

MyKiosk: Ministry voluntarily hands over documents to MACC
MyKiosk: Ministry voluntarily hands over documents to MACC

Malaysiakini

time23-05-2025

  • Politics
  • Malaysiakini

MyKiosk: Ministry voluntarily hands over documents to MACC

The Housing and Local Government Ministry today voluntarily submitted documents related to the MyKiosk project to the MACC, demonstrating its commitment to transparency and integrity in the project. In a statement, the ministry said the documents were handed over by Local Government Department director-general Fadzli Kenali at the MACC headquarters in Putrajaya, following allegations of irregularities in the project.

MyKiosk: Ministry voluntarily hands over documents to MACC
MyKiosk: Ministry voluntarily hands over documents to MACC

Malaysiakini

time22-05-2025

  • Politics
  • Malaysiakini

MyKiosk: Ministry voluntarily hands over documents to MACC

The Housing and Local Government Ministry today voluntarily submitted documents related to the MyKiosk project to the MACC, demonstrating its commitment to transparency and integrity in the project. In a statement, the ministry said the documents were handed over by Local Government Department director-general Fadzli Kenali at the MACC headquarters in Putrajaya, following allegations of irregularities in the project.

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