Peshawar: The caretaker cabinet of Khyber Pakhtunkhwa has approved a budget of 462 billion for four months, an increase of up to 35% in the salaries of employees.
According to Express News, a special meeting of the Caretaker Provincial Cabinet was held under the chairmanship of Caretaker Chief Minister Muhammad Azam Khan, in which the cabinet approved ongoing expenditure of 462 billion rupees for the next four months from July to October.
The cabinet approved an interim increase of 35 percent in the salaries of employees in grades one to sixteen and 30 percent in the salaries of officers in grades 17 and above.
Also read: The caretaker government of Khyber Pakhtunkhwa prepared a budget of 1400 billion for the whole year
While giving a press conference after the cabinet meeting, Finance Advisor KP Sakhidullah said that the provincial cabinet has approved the four-month budget from July 1 to October 2023, in which the expenditure will be 462 billion rupees. And increased the pension, which will bring an additional burden of 115 billion on the exchequer.
Baikhullah said that since we came, the government has run the business in difficult conditions, expenditure was 57% and income was 63% compared to it, we did not take any loan, we did not take overdraft from the State Bank from March to June.
A total of 350.041 billion rupees has been allocated in the current budget for the first four months of the next financial year. Out of the total current budget of the province for four months, 309.498 billion rupees have been allocated for the planned districts while 40.543 billion rupees have been allocated for the merged districts.
Similarly, for the first four months of the financial year 2023-24, a total of 112.385 billion rupees has been allocated for the development budget.
The caretaker cabinet has decided not to upgrade primary, CT and other schools. Upgradation of teachers will be decided by the new government.
(function(d, s, id){
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) {return;}
js = d.createElement(s); js.id = id;
js.src = “//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.3&appId=770767426360150”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));
(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); js.id = id;
js.src = “//connect.facebook.net/en_GB/sdk.js#xfbml=1&version=v2.7”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));