GILGIT BALTISTAN: Governor Gilgit-Baltistan, Syed Mehdi Shah, in a meeting with Federal Minister for Planning Ahsan Iqbal, communicated the critical financial predicament faced by the region and asked for financial aid from the federal government for PSDP projects and the annual grant of the GB government.
According to the details, the financial development grant for the region has not yet been released by the federal government.
In response, the federal minister ordered the release of funds for GB development projects and pledged to take immediate action for the release of the grant to the GB government.
Additionally, the governor asked for the release of PKR 500 million for the endowment funds of Baltistan University and Iqbal promised to make efforts to secure the funds.
It is important to note that the GB government relies on grants and funds provided by the federal government to meet its development and non-development expenses.