Islamabad releases 816million rupees for pensions and salaries in GB

Islamabad releases 816million rupees for pensions and salaries in GB

views
Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedIn

PT Report

Gilgit, February 2: The federal finance department has released an amount of eight hundred and sixteen million rupees  for the Government of Gilgit – Baltistan, to facilitate payment of salaries, pensions and other recurring expenses.

The GB Government is complete dependent on financing from Islamabad for payments against small and large expenses. The environment in GB is not conducive for imposition of taxes, due to non-representation in the national parliament. Rampant cases of corruption are likely to further raise scepticism about the regional government’s ability to fairly utilize resources generated through taxation.

The financial dependency is considered to be a major hurdle for empowerment of the GB government.

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedIn
About author

Pamir Times

pamir.times@gmail.com

Pamir Times is the pioneering community news and views portal of Gilgit – Baltistan, Kohistan, Chitral and the surrounding mountain areas. It is a voluntary, not-for-profit, non-partisan and independent venture initiated by the youth.