GEO BUSINESS NEWS

QUETTA: The PPP-led Balochistan’s coalition government will announce tomorrow its second annual budget for the fiscal year 2009-10 envisaging a total volume amounting to over Rs80 billion with Rs20 billion development budget. As many as Rs20 billion would be allocated for annual development programmes, while Balochistan would also get Rs50 billion as annual development programmes from the federal government. Rs21 billion of development programmes which had not been released by the federal government which had been set in the outgoing fiscal budget for Balochistan. The federal government had already announced to release the Rs21 billion for the cash-strapped Balochistan. Balochistan would get Rs3 billion for Quetta development package, Rs3 billion as people’s programme, and Rs3 billion for overcoming budget deficit from the federal government.