Azad Kashmir's tax-free budget of Rs 141.40 billion will be presented today. Finance Minister Najib Naqi will present the budget for the financial year 20-2021.
Rs 113.40 billion is likely to be allocated for non-development expenditure, Rs 28 billion will be spent on development expenditure, the development budget proposes a 14 per cent increase in salaries of employees over the previous financial year.
The budget is likely to allocate Rs 1.75 billion for health, Rs 3.20 billion for education, Rs 10 billion for communications and Rs 4.80 billion for physical planning and housing.