Development funds of Gilgit-Baltistan for 2010-11 Slashed by 52%

Sami Khan (Gilgit): The government of Pakistan has principally decided to reduce the development funds of Gilgit-Baltistan by 52%. Now Gilgit-Baltistan may get only 48% of funds allocated for development purpose. The given situation would create huge problems to complete 1100 big and small but crucial development projects across Gilgit-Baltistan.

The funds would be released in four quarterly installments each comprising 12% of the original statements of the funds, making it 48% during the year.

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