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Home Breaking News

KP govt unveils Rs1.33tr budget for FY 2022-23

byCT Report
June 14, 2022
in Breaking News, Latest News, National
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PESHAWAR: Khyber Pakhtunkhwa (KP) Finance Minister Taimur Saleem Jhagra presented the provincial budget for FY 2022-23 with a total outlay of Rs1.33 trillion.

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Addressing the budget session of the KP Assembly, Taimur Saleem Jhagra said that the total outlay of the budget stands at Rs1,332 billion. “Despite hurdles, we have earmarked Rs319.2 billion for the development portfolio of which only Rs8 billion will be received under the PSDP,” he said.

He announced a 16 percent increase in salaries of the government employees while pension was jacked up by 15 percent. The Shuhada package for police has also been increased in the budget.

Sharing a relief package for the government employees, he said that the ‘work from home’ policy will be launched for employees to mitigate the impact of fuel prices while fleet cards having fuel limits will also be given to the departments to avoid unnecessary waste of fuel resources.

Sharing details of appointments and permanent status to employees, the finance minister said that 675 doctors and 58,000 NTS teachers will get permanent status while 600 nurses will be recruited in the next fiscal year. “Sehat bumper card is also being introduced for the government employees which will also include their OPD treatment,” he said.

Sharing further details of initiatives in the budget, he said that treatment for bone marrow transplant, thalassemia, and advance-stage cancer will also be added to Sehat card. “Four new medical colleges will be established in Dir, Buner, Charsadda, Haripur,” in addition he said that youngsters will also be given loans worth around Rs25 billion.

He shared that the tax collection in the KP hiked to Rs75 billion from Rs31 billion. “Despite financial issues, we gave a development budget of Rs260 in FY2021-22 and spent 33 percent of it, contrary to Sindh and Punjab where 21 and 22 percent are spent respectively” he said.

He said that their government has produced 2.1 million job opportunities in the province. “World Bank data also proved that unemployment remained lowest during the three year tenure,” he said.

According to budget documents, the Khyber Pakhtunkhwa government has made historic allocations of Rs319.2 billion under the Annual Development Programme (ADP) for fiscal year 2022-23.

According to the budget documents, the total current budget of the province has been set at Rs913 billion, of which Rs789 billion has been allocated for settlement districts and Rs124 billion for integrated districts.

The total development budget of the province covers Rs418 billion of which Rs319 are allocated for settlement districts and Rs99 for integrated districts.

Khyber Pakhtunkhwa Minister for Finance Taimoor Khan Jhagra has presented here on Monday a history Rs1.332trillion budget for the fiscal year 2022-23, including 1,109.1billion in the settled districts and Rs222.9billion in the newly merged district [NMDs] during a special budget session that chaired by Deputy Speaker Mahmood Jan here on Monday.

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