The GB government has presented an Rs_____ billion budget for the fiscal year 2023-24.

Correct Answer: D. Rs116 billion

The Gilgit-Baltistan government has presented a Rs116 billion budget for the fiscal year 2023-24. Finance Minister Javed Ali Manwa presented the budget in the GB Assembly on Tuesday. The budget session was chaired by Speaker Nazir Ahmed Advocate. In his budget speech, Mr. Manwa said Rs74bn has been proposed for non-development expenses, of which, Rs 51bn is estimated as receipts in grants from the center. The GB government has also set a tax collection target of Rs5bn. The budget deficit was estimated at Rs18bn