Khayber Pukhtunkhaw budget of Rs303 billion presented

DunyaTv

Budget of Rs303b for FY 2012-13 has been presented in Khayber Pukhtunkhaw assembly today. In the KPK assembly session presided over by the Speaker Karamutallah Khan, provincial Finance Minister Humayun Khan presented the budget amounting to Rs303 billion. A sum of Rs87 billion will be allocated for the annual development programme (ADP). Seventy percent of ADP amount will be spent on the ongoing projects, according to the proposal. According to budget details, Rs 12 billion have been allocated for education while Rs 7 billion for health department. Malakand Division has been exempted from any kind of tax. Apart from this, the province would get about Rs 183 billion issued by the federation and Rs 22 billion as expenditures for war on terror. Government employees’ salary increase by 20 percent will also be announced. Sources said that a raise in the KPK share in PSDP and an increase in the electricity annual net profit will also be demanded from the federal government.