AJK Development Budget For FY 2017-2018

    The National Economic Council (NEC) in its meeting held on 19th May, 2017 has approved development outlay of Rs: 22 billion including Rs: 1 billion as Foreign Aid Component for AJ&K for the financial year 2017-18.The overall increase for year 2017-18 is 83 % higher over the allocation of Rs 12 billion for the financial year 2016-17 and such level of increase is unprecedented in the annals of AJK’s history. The enhancement in the budget allocation would facilitate timely completion of the development initiatives and provision of required services to the targeted beneficiaries .The Government of Azad Jammu & Kashmir is thankful to the Prime Minister Pakistan and his team for significant increase in the development budget reflecting keen interest of the Federal Government in the development of the state.