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Reading: Reliance on foreign assistance by KPK govt. continues
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PhotoNews Pakistan > Business > Reliance on foreign assistance by KPK govt. continues
Business

Reliance on foreign assistance by KPK govt. continues

Web Desk
By Web Desk Published June 16, 2014 1 Min Read
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The Khyber Pakhtunkhwa government continues its reliance on foreign assistance in its Annual Development Programme (ADP) for fiscal year 2014-15 as it has projected Rs39.75 billion as foreign assistance, which is 28 per cent of its 139.80 billion proposed ADP.

The foreign assistance component mentioned in the white paper for the next fiscal includes Rs31.49 billion grant and Rs8.27 billion as loan. The provincial component in the proposed ADP is Rs100.05 billion, which is 71.5 per cent of the total ADP.

In the current provincial budget 2013-14 the Pakistan Tehreek-i-Insaf-led coalition government, which often talks of reducing dependency on foreign aid, had projected the foreign assistance of Rs35 billion, which was 30 per cent of then Rs118 billion ADP.

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