Salient features of the budget 2013-14 Khyber Pakhtunkhwa

Salient features of the budget 2013-14 Khyber Pakhtunkhwa June 18, 2013

The only province which accepted the change in Pakistan is Khyber Pakhtunkhwa, Fiscal Budget 2013-14 has been presented by PTI, The salient features of Khyber Pakthunkhwa budget for year 2013-14 as under: The total outlay of KP text free budget is Rs 344 billion showing 13.5  percent increase over the revenue receipts of the outgoing fiscal.

•    KP presents supplementary budget of Rs.17.68b for 2012-13
•    The total outlay of Annual Development Programme (ADP) is Rs. 118 billion
•    No new tax has been imposed in the budget nor any upward or downward adjustment has been made in the provincial taxes.
•    To bring improvement in the taxation system, reforms process would be started
with the establishment of Khyber Pakhtunkhwa Revenue Authority
•    The total revenue receipts and expenditures for 2013-14 have been pitched at
Rs 344 billion.
•    15 percent in salaries, 15 percent in pension of Govt. employees, propose to
increase minimum pension from 3000 to 5000 rupees
•    Rs. 83 billion allocated for Provincial Development Program for 983
development projects in fiscal year 2013-14, showing an increase of 12 percent
against current fiscal year approved estimates
•    KP Govt decides to impose energy emergency, allocates Rs.1527 m for 28 energy
projects,  20 hydel power stations to be setup
•    Peshawar up left Project, Mass Transit scheme to be launched, Rs.
4,69,21,00,000 earmarked for 20 uplift projects for Peshawar
•    Govt to construct 521km roads, 144 RCC bridges, Rs.10258m allocated
•    Govt to start Self Sufficiency scheme for needy, poor, 50000 to 2 lakh would
be given to poor for period of three years
•    Rs. 25 million for establishment of Insulin bank for diabetic patients
•    Govt to launch health insurance scheme for poor, 50 million allocated
•    Rs.7998.77 million allocated for 98 health projects
•    KP govt announce 50 percent cut in CM, Governor house expenditures
•    KP govt to set up 7 youth centers at a cost of 70 million rupees
•    Special package for minorities.
•    Allocation of 3,138,300,000 for Agriculture sector
•    Establishment of traffic engineering unit for Master Planning and Traffic
Management.
•    Setting up Water and Sanitation Company.
•    Setting up of IT Park in Abbottabad, launching of e-governance project.
•    Launching of mobile courts in KP.
•    Establishment of technical upgradation and skill development Company for
students and technical workers, setting up technical university Peshawar.
•    Establishment of Marble City in Buner.
•    Computerization of land record.
•    Allocation of Rs. 1 billion for local government.
•    Allocation of Rs. 50 million for journalist’s endowment fund.
•    Emergency enforce in education, launching of Iqra Firog-e-Taleem scheme. Rs.
13,829,600,000 for 97 education project allocated.
•    Establishment of Insulin Bank for diabetic’s patients.




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