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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…