| Islamabad: The Capital Development Authority (CDA) on Tuesday announced a record Rs150.9 billion development-oriented and surplus budget for the fiscal year 2023-24. The budget which allocates Rs107.463 billion for development and works activities was approved by the CDA board at its meeting held here at CDA headquarters. Other major expenses in the outlay include Rs16.25 billion for salaries and pensions, Rs8.5 billion for CDA contingency, and Rs1 billion as a loan for the Municipal Corporation of Islamabad (MCI). The budget would be surplus by Rs852.46 million as the management of the CDA is expecting budget receipts to the tune of Rs150.948 billion. The meeting chaired by the CDA chairman Noorul Amin Mengal also okayed the development of the world’s biggest bird aviary in F-9 park. |
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