Jun 17

Rs 344 billion Khyber Pakhtunkhwa budget presented

PESHAWAR: The Khyber Pakhtunkhwa government unveiled its Rs 344 billion budget for 2013-14 on Monday. The provincial budget calls for imposing a one percent tax on the Afghan transit trade.Khyber Pakhtunkhwa budget

While presenting the budget, the provincial Finance Minister Siraj-ul-Haq said good governance and elimination of corruption were the top priories, adding that no new tax had been introduced. The Finance Minister also announced the formation of a Tax Authority and the establishment of Rescue 1122 in Swat.

From the total outlay, Rs 118 billion has been earmarked for development projects which include 983 schemes, of which 565 are ongoing projects, and 351 new projects will be launched.

For health Rs 22.87 billion has been earmarked, while Rs 66.6 billion has been allocated for education in the province. The Finance Minister announced an education emergency in the province and recommended the formation of an Education Advisory Commission.

The budget for the police has been set at Rs 23.78 billion

The budget recommendations include a 15 % increment in salaries of government employees from grade 1 till 16. For government officers between grade 17 and 20 a 10 % increment has been recommended. A 15 % increment in pensions of retired government employees has also been recommended, while Rs 200 million has been earmarked to help less fortunate children.

It has been recommended that the Bacha Khan Rozgar scheme be discontinued and in its place, loans be provided to the youth.