Budget

KPK budget for FY 2015-16 to be announced today

PESHAWAR: Khyber Pakhtunkhwa Minister for Finance Muzafar Saeed will present the third budget of the PTI-led provincial government with the volume of around 472 billion rupees, ARY News reported on Monday.

The provincial budget for fiscal year 2015-16 carrying an approximate Rs142 billion Annual Development Programme, provincial finance ministry sources said.

Provincial Finance Minister Muzafar Saeed has said that the education will be the special focus of the budget.

Chief Minister Pervez Khattak will chair a cabinet meeting to approve the budget proposals today before the assembly session.

According to official sources, the total ADP for the new year would be around 150 billion.

The province will bring cattle markets, fruit markets, cinemas in the tax net, sources said. The new year budget will also likely to enhance property tax on various categories of residential houses.

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