PESHAWAR: The Khyber Pakhtunkhwa (KP) government has finalised its budget for the fiscal year 2025–26 with an expected outlay of over Rs2.18 trillion and is expected to be presented in the provincial assembly on Friday, June 13.
The officials said that the total expenditure for the year has been estimated at Rs1,962 billion, leaving the province with a projected surplus of Rs157 billion.
A salary increase of 10 per cent for government employees and a 7 per cent raise in pensions have been proposed.
Furthermore, Rs680 billion is expected to be allocated for salaries and Rs200 billion for pensions, of which Rs189.6 billion will go to the settled districts and Rs4.4 billion to the tribal areas.
As per details, the government has finalized a development budget of Rs177.52 billion to fund 50 major projects in collaboration with international donor agencies, the state-run APP reported.
According to documents from the KP Department of Planning and Development, the World Bank and the Asian Development Bank will be the leading contributors.
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has issued a warning for mobile phone users against…
ISLAMABAD: Iranian President Dr. Masoud Peshkeskian met President Asif Ali Zardari and Prime Minister Shehbaz…
ISLAMABAD: The government has approved a reduction in advance tax rates on property buyers and…
RAWALPINDI: Chief of Army Staff, Field Marshal Syed Asim Munir, met with Iranian President Masoud…
LAHORE: Following the reduction of petroleum prices, solar panels and batteries witnessed a sharp fall…
ISLAMABAD: State Bank of Pakistan (SBP) has declared a two-day public holiday for Ashura (9th &…