KARACHI: The Karachi Development Authority’s (KDA) governing body has approved the Rs9,204 billion budget for the financial year 2022-23. Multiple infrastructure and housing schemes to be launched in new fiscal year.
The body approved the budget under Section 27 of the KDA Order 1957 from July 1, 2022.
An increase of 15% in salaries and 5% in pensions has been announced by the Sindh government which is included in the expenditure for the next financial year.
A meeting of the body, chaired by Sindh Local Government Minister Syed Nasir Hussain Shah, was held at the Sindh Secretariat Conference Hall earlier on Thursday.
Local Government Secretary Najam Shah, Director General KDA Syed Muhammad Ali Shah, Syed Shujaat Hussain, Syed Noman Ali, Commissioner Karachi, and other officers were also present on the occasion.
Renovation of Benazir Bhutto Shaheed Park, construction of a food street and recreational places along the Clifton beach in Karachi, KDA Wholesale Market Surjani Town, health policy for officers and employees, elimination of encroachments, procurement of heavy machinery, rehabilitation of a pipe factory and an asphalt plant, reconstruction of flats in Surjani Town through the Public Housing Scheme, maintenance of roads in all KDA Schemes and costs for the implementation of a computerised financial accounting system have also been approved as part of the budget.
The Sindh government, upholding traditions of the past, will continue to co-operate with KDA in paying additional expenses in terms of salaries and pensions, the local bodies’ minister said.
The DG KDA requested Sindh Chief Minister Syed Murad Ali Shah, the local government minister, chief secretary, and the local government secretary beside the governing body to restore the reputation of the organization from its inception to date.
The budget for District West is set at Rs3.15 billion, Rs5.98 billion for District South, Rs9.32 billion for District Central, Rs3.31 billion for District East, and Rs3.96 billion for Kemari.