Karachi: The Karachi Municipal Corporation (KMC) has approved a budget of PKR 27.16 billion for the year 2018-19, according to a news source. Out of the budget, PKR 11.5 billion has been approved for development work and no new tax has been imposed.
According to details, the budget was presented by Mayor Karachi Waseem Akhtar. He said on the occasion that during the year 2017, 206 development schemes were completed in all districts of Karachi, including Karachi union council, at a cost of PKR 4.32 billion. In 2018-19, 194 new schemes will be completed at an estimated cost of PKR 5.62 billion.