Upcoming budget of Khyber Pakhtunkhwa will cross Rs 4 trillion

PESHAWAR- The Khyber Pakhtunkhwa budget for the fiscal year 2014-15 is likely to be above Rs 4 trillion as budget recommendations of Rs 139 billion for Annual Development Programs and Rs 261 billion for ongoing schemes have been allocated.

The budget recommendations will be presented to the provincial cabinet for approval on June 14 before its presentation in the assembly on the very day.

According to our sources, the ADP has been raised by 18 percent. Similarly, the government is planning to levy dozen new taxes besides agriculture tax and General Sales Tax (GST) on services.

Government employees are likely to get 10 to 15 percent pay raise while the Annual Development Program will have 1251 schemes, including 711 current and 540 new schemes.

ePaper - Nawaiwaqt