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• Rs250bn earmarked for recurring expenditure, Rs36bn for development

• Rs26.28bn set aside for ongoing projects, Rs8.71bn for new schemes

• Federal pay, pension hike extended to AJK

MUZAFFARABAD: The Azad Jammu and Kashmir (AJK) Legislative Assembly on Monday passed a Rs286 billion budget for the fiscal year 2026-27 just hours after it was presented by Finance Minister Chaudhry Qasim Majeed.