Peshawar: The Khyber Pakhtunkhwa budget for the next financial year, with a total outlay of two thousand one hundred and nineteen billion rupees, was presented in the provincial assembly on Friday. Presenting the budget, Finance Minister Aftab Alam reported that the total revenue has been estimated at two thousand one hundred and nineteen billion rupees against the estimated expenditure of nineteen hundred and sixty-two billion rupees, resulting in a surplus amount of one hundred and fifty-seven billion rupees.
According to Radio Pakistan, the province will receive a total of eleven hundred and forty-seven billion rupees through federal transfers. Finance Minister Aftab Alam announced that five hundred and forty-seven billion rupees have been proposed for the Annual Development Program, including forty billion rupees for the merged districts. Approximately three hundred and sixty-three billion rupees have been allocated for the education sector.
The health sector is set to receive two hundred and seventy-six billion rupees. Additionally, the government has earmarked one hundred and fifty-eight billion rupees to enhance the law-and-order situation in the province.
The finance minister detailed allocations of fifty-five billion rupees for local government and rural development, thirty-two billion rupees for public health engineering, and forty-six billion rupees for the irrigation department. Furthermore, seventeen billion rupees have been allocated for livestock and dairy development.
In response to inflation, the government has decided on a ten percent raise in salaries and a seven percent increase in pensions. Aftab Alam Afridi also announced an enhancement of the minimum monthly wage to forty thousand rupees.