Some people take lands and buildings from the Karachi Metropolitan Corporation and make them their property, and they do not think about the city, Mayor Murtaza Wahab said during a meeting with a.
KMC Administrator Laeeq Ahmed approves Rs25.982 billion budget for the fiscal year 2021-22. Photo courtesy KMC Twitter
KARACHI: The Karachi Metropolitan Corporation on Tuesday passed a tax-free budget of Rs25.982 billion for the next financial year 2021-22 with a surplus of Rs12 million and estimated expenditures of about Rs25.970bn.
In the absence of an elected set-up, KMC Administrator Laeeq Ahmed approved the budget using the powers of the City Council. No new tax has been imposed in the budget.
The administrator said that for the next financial year priority was given to those development schemes which were in the public interest.
No new tax imposed as KMC approves budget of Rs26 billion
June 30, 2021
The Karachi Metropolitan Corporation (KMC) has approved a budget of Rs25,982.414 million for the next financial year with a surplus of Rs11.947 million, as the expenditures are
estimated at Rs25,970.467 million.
Karachi Administrator Laeeq Ahmed on Tuesday approved the budget using the powers of the city council under the notification of the Sindh government. No new tax has been imposed. The administrator said that for the next financial year, priority was given to those development schemes which were in the interest of the public. “Non-development schemes are kept to a minimum; new and ongoing projects of roads, gardens, playgrounds and sports complexes have been added to improve the infrastructure of Karachi.”