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KP assembly presents budget 2015-16

Latest Update: June 15, 2015 | 196 Views

PESHAWAR: The Khyber Pakhtunkhwa (KP) government on Monday announced a Rs488 billion budget for FY2015-16 in the KP Assembly today.

The budget, which is referred to as ‘poor-friendly’ by KP Finance Minister Muzafar Said, allocated a greater portion of funds to health and education.

Total current expenditure is estimated at Rs313bn, while total current revenue expenditure is estimated to be Rs298bn over FY15-16, and total development expenditure at Rs174.9bn.

The allocations for foreign project assistance and debt servicing both fell compared to FY14-15 estimates by 17.3pc and 0.8pc respectively.

Of the total outlay, 29pc or Rs142bn has been allocated to the Annual Development Programme ─ an increase of Rs42bn compared to FY14-15’s revised estimate of Rs100bn.


Elementary and secondary education has been allocated Rs98.5bn, while higher education, archives and libraries has been allotted Rs15.5bn, both departments experiencing a 20pc and 16pc increase respectively compared to FY14-15 budget estimates.

Welfare and development

The total budget for welfare, administrative and development budget estimates is Rs487.88bn, of which welfare receives 53pc or Rs259.17bn, while administrative receives 11pc (Rs53.83bn) and development Rs174.88bn or 36pc.


A 10pc increase is expected in the salaries of civil servants, while daily wagers are to earn a minimum of Rs13,000 monthly, up from Rs12,000 during FY14-15. Salaries have been allocated Rs175bn in FY15-16, an increase of 20pc over the outgoing fiscal year.

Finance Minister Muzaffar Saeed present the… by newsonepk


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