Peshawar: The provincial budget for the year 2015-16 is scheduled to be presented today in the Khyber Pakhtunkhwa Assembly, with an expected total outlay of over Rs 483billion.
The budget will be presented in the assembly session by KP Minister for Finance Muzafar Said.
Sources say the provincial government has set aside Rs 25bn for district governments formed after the recently held local bodies’ elections in the province.
According to details of the budget proposals received by Geo News, the KP government is recommending Rs170bn for the annual development programme, with 1250 ongoing projects and new proposed projects.
The development programme also includes Rs33bn in foreign aid.
For education, the provincial government is proposing to set aside over Rs15bn, which is 21 percent greater than the allocation last year.
A 19 percent increase is being proposed for health expenditure over last year’s allocation, coming to a total of approximately Rs8bn.
Rs1.21bn is also being allocated for 53 projects relating to tourism and sports, while Rs3.20bn is proposed for 39 projects relating to power and electricity.
According to other details, the allocation for the police department will see a 15 percent increase, social development will increase by 23 percent, and 11 percent increase in allocation for environment, 12 percent rise in funds for technical education, and a 12 percent increase in budgetary allocation for agriculture.
