The Gilgit-Baltistan (GB) government officially presented a Rs20.478 billion interim budget for the first quarter of the 2026-27 fiscal year on Monday. This financial plan, introduced by PPP lawmaker Mohammad Ali Akhtar in the Gilgit-Baltistan Assembly, aims to ensure the continuity of essential government operations while the region awaits the finalization of its full annual budget.
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During the session chaired by Speaker Imran Nadeem Shigri, the administration underscored the necessity of increased federal support. The government is formally requesting a total federal allocation of Rs258.95 billion for the 2026-27 fiscal year, arguing that the current earmarked amount of Rs158.54 billion is insufficient to address the region’s pressing development and infrastructure requirements.
The interim budget proposals include significant allocations for both operational expenses and public welfare, such as Rs15.22 billion for salaries and Rs15 billion for the wheat subsidy programme. Furthermore, the government has set a target of Rs6.98 billion in non-tax revenue to support its financial objectives during this three-month period.
Special focus has been directed toward disaster resilience and regional infrastructure, with funds earmarked for disaster management, flood rehabilitation, and the procurement of heavy machinery and drones. Officials emphasized that Gilgit-Baltistan’s unique geographical challenges—ranging from its mountainous terrain to its harsh climate—make development projects considerably more complex and expensive compared to other regions.
The assembly session concluded with Speaker Shigri adjourning the proceedings until Tuesday to allow members to debate the budget proposals. As the government navigates these financial constraints, it remains hopeful that increased federal assistance will be provided to help resolve long-standing challenges in the power, health, and communication sectors.
