KP allocates Rs 42.4b uplift fund for LGs

0
132

Khyber Pakhtunkhwa Minister for Local Governments and Rural Development Inayatullah Khan has said that the provincial government has allocated a development fund of Rs 42.4 billion for local governments while another huge amount of Rs 102 billion will be spent on salaries and other non-developmental heads.

Speaking in the guest-hour programme under the auspices of Peshawar Press Club on Thursday, the minister said the release of funds allocated in this regard had been started after which the district governments would prepare their budgets to start utilisation.

He said that powers had been transferred to local governments and a meeting of the Local Government Commission would be convened on October 27 or 28 and a meeting of the Provincial Finance Commission (PFC) would also be called next week to finalise the formula for funds distribution.