LAHORE - The Punjab government has proposed allocation of Rs 123.404 billions for the local governments in the budget for the fiscal 2008-09, showing 2.77 per cent increase over the outgoing year. The Punjab government has proposed allocation of Rs 99.642 billion to the city district / district governments in the budget for fiscal year 2008-09 as against Rs 96.962 in the previous fiscal year. In 2008-09, an allocation of Rs 15.355 billion has been proposed for the tehsil / town municipal administrations as against Rs 14.756 the last year. The Punjab government has proposed allocation of Rs 4.819 billion for the union administrations in the fiscal year 2008-09 as against Rs 4.631 billion in the outgoing year. Cantonment boards in the province will get Rs 1.088 billion in the fiscal year 2008-09. In the fiscal year 2007-08, the cantonment boards got Rs 874 million. The proposed transfer to the TMAs under the head of property tax collection in the fiscal year 2008-09 is Rs 2.5 billion as against Rs 2.85 billion in the last financial year. Under the Provincial Finance Commission (PFC) Award, total resources provision (excluding tied grants) to the district governments during financial year 2008-09 shows an increase of 2.76 over the year 2007-08 and that of TMAs 4.06 per cent. The resources provision to the union administrations has increased by 4.06 per cent over the previous financial year. The PFC transfers to the cantonment boards in the fiscal year 2008-09 shows an increase of 24.49 per cent over the previous year. The PFC transfers to the TMAs under the head of property tax collection has been decreased by 12.28 per cent in the fiscal year 2008-09 from the outgoing fiscal year. 'Budget will help reduce poverty' Hailing the Punjab budget for the financial year 2008-09 as most apposite, public friendly and financially most balanced document aimed at improving the socio-economic conditions of the down trodden and facilitating the healthcare, education, agriculture, industrial and social development sectors, Senior Minister Raja Riaz Ahmad said that the goal of poverty alleviation would now be achieved through Punjab budget 2008-2009. While commenting on the Punjab Budget 2008-09, the minister said that government had prioritised the welfare and uplift of remote hinterlands and the development funds had been arranged for the people living in far-flung areas. He appreciated the colossal allocation of Rs 11.30 billion for the irrigation sector and observed that without improving the irrigation system, the dream of agricultural self-sufficiency cannot be materialised. Raja hailed special programmes for the betterment of poor segments of the society and observed that Rs.17 billion allocation will help in alleviating poverty. The Punjab government had prioritised the provision of judicious legal system and education to all because rule of law and education are the key to developed human societies, concluded the minister.