• 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. Presided over by Speaker Chaudhry Latif Akbar, the assembly sitting witnessed around 50 per cent attendance, including about five lawmakers from the opposition PML-N and PTI. However, towards the end of the session, there was only one PML-N lawmaker in the House.