KPK govt unveils budget with outlay of Rs 344 billion

BusinessKPK govt unveils budget with outlay of Rs 344 billion

PESHAWAR: Pakistan Tehreek-i-Insaaf (PTI)-led Khyber Pakhtunkhwa government unveiled its first maiden budgetary plan for the province on Monday with an outlay of Rs 344 billion for the 2013-14 financial year.

KPK Finance Minister Sirajul Haq presented the provincial budget in the assembly session which begun with speaker Asad Qaisar in the chair.

No additional taxes were imposed in the new budget.

The finance minister said that Rs 66 billion have been earmarked for education, Rs 22 billion for health sector; Rs 23 billion for police; Rs 2 billion for agriculture; Rs 1.27 billion for environment sector and Rs 162 billion allocated for social welfare projects in the province.

A sum of Rs 118 billion has been earmarked for developmental projects, up 12 percent compared to the last year.

He said that an increase of 15 percent has been proposed in the salaries and pension of government employees whereas the minimum limit of the retired employees pension has been increased from 3000 to 5000.

Pledging an end to the “VIP culture” in KPK province, the minister announced that Rescue 1122 center and a technical university would be established in the province.

“We will employ our full force to resolve problems of people, and will take steps on war-footing against corruption, poverty and unemployment,” the minister affirmed.

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