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KP Budget

KP govt allocates Rs100billion for development of tribal districts

PESHAWAR: The Khyber Pakhtunkhwa (KP) Assembly on Saturday concluded general discussion on budget for the year 2018-19, ARY News reported. Winding up the debate, KP Finance Minister Taimur Salim Jhagra said that opposition will be take on board in all financial decisions to put province on path of rapid development. Jhagra said the government is planning to provide interest-free loan to 40, 000 youths in the provicne and a special fund of Rs100billion will be spent on tribal districts. Members of opposition benches…

KP unveils Rs648billion budget for remaining fiscal year

PESHAWAR: Khyber Pakhtunkhwa (KP) Finance Minister Taimru Saleem Khan Jhagra on Monday presented a surplus budget for remaining eight months of fiscal year 2018-19, ARY News reported. The budget outlay is Rs648billion, with the expenditures estimated at Rs618 billion, targeting a Rs30 billion surplus. The government has proposed an allocation of Rs180 billion for various development schemes. "We estimate total budgeted revenue for 2018-19 at Rs648billion. This is a 7.5% increase over last year’s budgeted figure of…