Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

KPK govt proposes Rs 488 billion budget for FY2015-16

byCustoms Today Report
15/06/2015
in Business
Share on FacebookShare on Twitter

PESHAWAR: Khyber Pakhtunkhwa Finance Minister Muzafar Said presented Rs 488 billion provincial budget for the year 2015-16 on Monday, while the opposition members staged a walk-out from the assembly session in protest.

Opposition members chanted slogans against the KP government in the assembly hall while the provincial finance minister was giving his budget speech before they walked out of the assembly in protest.

You might also like

Inflation in Pakistan continues to surge

10/04/2026

Gas prices ease in Pakistan after LPG supply from Iran resumes

09/04/2026

According to the details, the budget does not include any new taxes but changes have been made to rates of existing taxes.

The KP government has given 10 percent ad hoc relief in salaries for provincial government employees, while their medical allowances have been increased by 25 percent. The government has also recommended up-gradation of government employees in the budget proposals.

The provincial government has set aside Rs 25bn for district governments formed after the recently held local bodies’ elections in the province.

The KP government has proposed Rs 175 billion for the annual development programme, with 1500 ongoing projects and new proposed projects. The development programme also includes Rs 33 billion in foreign aid.

For education, the provincial government is proposing to set aside over Rs21 billion.

A 19 percent increase is being proposed for health expenditure over last year’s allocation, coming to a total of approximately Rs 12.31 billion.

Rs1.21 billion is also being allocated for 53 projects relating to tourism and sports, while Rs 3.20 billion is proposed for 39 projects relating to power and electricity.

According to other details, the allocation for the police department will see a 15 percent increase, social development will increase by 23 percent, and 11 percent increase in allocation for environment, 12 percent rise in funds for technical education, and a 12 percent increase in budgetary allocation for agriculture.

Related Stories

Inflation in Pakistan continues to surge

byCT Report
10/04/2026

ISLAMABAD: Inflation in Pakistan continues to surge amid rising tensions in the Middle East, with the weekly inflation rate increasing...

Gas prices ease in Pakistan after LPG supply from Iran resumes

byCT Report
09/04/2026

ISLAMABAD: A downward trend in gas prices has begun in Pakistan following the restoration of LPG supply from Iran. According...

TOPSHOT - A Pakistani elderly man sits at a shuttered market during a traders countrywide strike against the prices hike, in Peshawar on July 13, 2019. (Photo by ABDUL MAJEED / AFP)

Karachi traders, transporters call off strike

byCT Report
08/04/2026

KARACHI: Karachi traders and transporters have postponed a planned strike following a meeting with Sindh Governor Nehal Hashmi, who assured...

Fruits worth of $251.947m exported in 08 months of FY2026

byCT Report
07/04/2026

ISLAMABAD: Fruits exports from the country during the first eight months of current financial year grew by 6.25 percent as...

Next Post

Finland’s new orders in manufacturing up by 2.1% in April 2015

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.