K-P Proposes Rs157b Surplus in Rs2.1tr Budget
7 Articles
7 Articles
KP’s Finance Advisor terms provincial budget ‘realistic, development-friendly’
PESHAWAR: Khyber Pakhtunkhwa’s Finance Advisor, Muzzammil Aslam, announced that the provincial government has prepared a realistic budget for 2025-26, focusing on financial discipline and development needs without taking new loans. Addressing a post-budget press conference, he said that KP did not receive its full share of funds under the National Finance Commission (NFC) and Annual Development Program (ADP). Despite this, the province is close …
K-P proposes Rs157b surplus in Rs2.1tr budget
The PTI-led Khyber-Pakhtunkhwa government on Friday presented a Rs2,119 billion surplus budget for fiscal year 2025-26, featuring no new taxes, a 10% salary increase, and a 7% pension hike for government employees. The budget session, presided over by Speaker Babar Salim Swati, began with the recitation of the Holy Quran. Khyber-Pakhtunkhwa Chief Minister Ali Ameen Gandapur, opposition leader Dr Ebad Khan, PPP parliamentary leader Ahmed Kundi an…
KP fattens wallet for development to Rs547bn
PESHAWAR: The Khyber Pakhtunkhwa government announced an increased budget for development activities in the upcoming fiscal year. Finance Minister Aftab Alam Afridi presented a Rs547 billion Annual Development Plan (ADP) for 2025-26. This amount is approximately 32 per cent, or Rs131bn, higher than the current year’s Rs416bn. The allocations under the proposed development expenditure for the next fiscal year include Rs195bn for PADP, Rs39bn f…
KP Unveils Rs2.1 Trillion Surplus Budget for FY26 Amid Opposition Outcry - The Financial Daily
PESHAWAR: The Khyber Pakhtunkhwa (KP) government on Friday announced a Rs2.119 trillion surplus budget for fiscal year 2025-26, introducing no new taxes while raising government salaries and pensions. The session was marred by protests from opposition lawmakers, who alleged rampant corruption in the province. Presenting the budget in the provincial assembly, Finance Minister Aftab Alam revealed that expenditures are estimated at Rs1.962 trillion…
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