Khyber Pakhtunkhwa Finance Minister Humayoon Khan presented a Rs 249.151 billion-budget for the fiscal year 2011-2011 in the provincial assembly on Saturday. Besides the budgetary allocation, Khan said the provincial government had allocated a huge amount of Rs 87.768 billion for trading, food, grain and sugar.
He said the salaries of government employees had been increased by 15 percent.
Explaining the current revenue receipts for the upcoming fiscal year, Khan said it included Rs 149.988 billion in Khyber Pakhtunkhwa’s share in the federal divisible pool.
He said the provincial government would receive Rs 18.221 billion for the ongoing war on terror during the fiscal year 2011-2012, while Rs 13.806 billion would be received as straight transfers on oil and gas (royalty).
He said an amount of Rs 6 billion could be received as Hydel net profit, while Rs 25 billion could be received against arrears of the hydel net profit. Khan said Khyber Pakhtunkhwa’s own receipts for 2011-2012 were estimated at Rs 7.349 billion, while Rs 10.340 billion were expected against general sales tax levy.
He said receipts from the province’s own hydel (electricity) generation schemes were estimated at Rs 2.115 billion.The minister said the province would receive Rs 16.112 billion from foreign project assistance, while Rs 0.727 billion were expected from miscellaneous sectors.
Detailing the current revenue expenditure, Khan said it would consist of Rs 37.65 billion on general public sector, Rs 61.713 billion for the district government, Rs 23.16 billion for public order and safety affairs, Rs 10.003 billion for the economic sector, Rs 0.224 billion for environment protection, Rs 0.157 billion for housing and community amenities and Rs 5.431 billion for health.
The finance minister said the development expenditure for the fiscal year 2011-2012 was estimated at Rs 85.141 billion, which would include Rs 67.508 billion for the Annual Development Programme (ADP), Rs 1.520 billion for district-level ADP and Rs 16.112 billion for foreign project assistance.