KPK govt presents budget with outlay of Rs 344 billion

The Khyber Pakhtunkhwa cabinet approved the budget recommendations which include imposing a 1 percent tax on the Afghan transit trade, while the total budgetary outlay for the financial year stands at Rs. 344 billion.
From the total outlay, 118 billion has been earmarked for development projects which include 983 schemes, of which 565 are ongoing projects, and 351 new projects will be launched.
For Health Rs. 7.99 billion has been earmarked, while Rs. 13.82 billion has been earmarked for education and another Rs. 5.7 billion has been earmarked for higher education.
The budget recommendations include a 15 % increment in salaries of government employees from grade 1 till 16. For government officers between grade 17 and 20 a 10 % increment has been recommended. A 15 % increment in pensions of retired government employees has also been recommended, while Rs. 200 million has been earmarked to help less fortunate children.
It has been recommended that the Bacha Khan Rozgar scheme be discontinued and in its place, loans be provided to the youth.

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