Khyber Pakhtunkhwa’s budget for the next financial year was presented today.
Finance Minister KP Timur Saleem is presented with the budget.
The budget is 921 billion rupees, and the deficit is 90 billion rupees.
According to sources, the government will take more loans to cover the budget deficit.
The budget session of the Khyber Pakhtunkhwa Assembly is underway, and the budget for the new financial year is being presented.
According to sources, the budget of Khyber Pakhtunkhwa for the next financial year will be Rs 923 billion, and the budget will be Rs 90 billion deficit.
The sources further said that Rs 16 billion had been proposed to be set aside for interest payment of loans.
According to reports, it is also proposed to allocate Rs 15 billion in the budget for Corona.
The budget proposes to allocate Rs 165 billion for the tribal districts, with Rs 62 billion in net profit and arrears of electricity.
According to sources, the budget will get Rs 50 billion for the war on terror, and the province will get Rs 25 billion for oil and gas royalties.
According to sources, Rs 317 billion has also been proposed for the next annual development program. And there is a proposal in the ADP to set aside Rs 104 billion for settled areas.
The budget also includes foreign aid of Rs 85 billion in ADP. According to sources, the budget is likely to set aside Rs 30.20 billion for education and more than Rs 11.43 billion for energy.