The Azad Jammu and Kashmir (AJK) Legislative Assembly is set to convene today to unveil the region's budget for the fiscal year 2026-27, with the total proposed outlay surpassing Rs286 billion. The session is scheduled to commence at 11am, during which Finance Minister Qasim Majeed will formally present the budget proposals before the house.
Key Budget Allocations and Increases
According to sources familiar with the budget preparations, the upcoming financial plan includes a 7 percent increase in salaries and pensions for government employees and retirees. The development budget has been proposed at Rs36 billion, while non-development expenditures are expected to account for more than Rs250 billion of the total outlay. The budget also earmarks Rs57 billion for the education sector and Rs25 billion for health, underscoring the government's commitment to enhancing public services.
Context and Previous Delays
The budget presentation comes amid reports of administrative delays, including a robbery FIR that was registered after an eight-day gap. However, the government has prioritized fiscal planning to address regional needs. The proposed allocations reflect a balance between development projects and recurrent expenditures, with a focus on social sectors.
Impact on Government Employees and Public Services
The 7 percent salary and pension hike is expected to benefit thousands of government employees and retirees across AJK. The education and health allocations aim to improve infrastructure and service delivery, though details on specific projects are yet to be disclosed. The budget session will continue with discussions and approval stages in the coming days.
