Peshawar: The caretaker government of Khyber Pakhtunkhwa has approved a budget of 529 billion rupees, including a deficit of 79 billion rupees, for the next four months, November 2023 to February 2024.
In the budget, the revenue is estimated at 450.004 billion rupees against the expenditure of 529.118 billion rupees, 112.118 billion rupees have been allocated for development works in the four months budget, 71 billion rupees have been allocated for the annexed districts of the province. .
The caretaker government has not cut the salaries and allowances of government employees despite the dire financial situation and this move has been made conditional on payment of arrears from the Centre.
The caretaker government has abolished posts lying vacant for three years while banning new recruitments, purchase of vehicles and participation or holding of workshops and seminars abroad at government expense.
Funds from health cards will continue to continue for free treatment of Gharba while BRT will also continue to be released Rs 30 crore to continue operational activities on a monthly basis.
The Caretaker Finance Minister of the province, Ahmed Rasool Bangash, along with Information Minister Barrister Feroze Jamal Kakakhil, Secretary Finance, P&D and other officials, while giving a briefing after the cabinet meeting, said that the Caretaker Cabinet has approved a budget worth 529 billion rupees for the four months from November to February. Is it approved?
The volume of the budget for July to September was 462 billion 93 crore rupees, the volume of the development budget for the four months of November to February has been kept at 112 billion 11 crore rupees, the budget for 8 months of the last fiscal year was 888.00 billion, while this year it has reached 992.055 billion, which is It is likely to reach 1350 billion at the end.
The current budget of the first four months is 350 billion, while the volume of the proposed budget for the next four months is 417.00 billion.
He said that the total volume of the development budget for 8 months has reached 225.015 billion rupees, in the next four months, more than 170 billion will be spent on salaries, while the expenditure on pension will be more than 47 billion.
The finance minister said that during the next four months, 50.702 billion has been allocated for the integrated tribal districts, 91.855 billion for development works for the four months for the tribal districts, and 20.263 billion for the development works in the four months for the integrated tribal districts. shall be.
The income of the province in the next four months will be 450 billion rupees, the income from July to October was 442.50 billion rupees, there will be a ban on new development schemes, there will be a ban on spending funds for individual schemes in the umbrella schemes.
Ahmed Rasool Bangash said that there will be a ban on the creation of new posts and the purchase of new vehicles, there will be a ban on organizing and participating in workshops and seminars at government expense, there will be a ban on treatment abroad at the government expense, the population of the province has increased by 57 lakhs due to the merger of districts. And the cycle is done, the center should provide the resources.
The Caretaker Finance Minister further said that the Surplus Pool will be restricted to vacant posts without NOC, posts lying vacant for three years will be eliminated.
He said that the deduction from the salaries of government employees was mentioned in the meeting, but they are trying not to cut, the income is low and the expenditure is high, due to which there is a deficit. He said that funds are being released for BRT and health card, there will not be free treatment for everyone, he should pay as much as he can.
Referring to the elections, he said that the general elections will be held on time, the Election Commission will give the date, 250 to 300 billion rupees are owed to the center, this year five billion rupees have been received in the form of electricity profit, two billion rupees. Received yesterday.
In the last four months, 5 billion have been received out of the 28 of this year’s electricity profit, 260 settlements and 44 billion will be spent by districts in the four months, there may be a loss of around 160 billion in four months, MTI hospitals have a demand of 4.5 billion, three billion will be paid in any case. There are 27 billion state life arrears in terms of health card and they are issuing 2 billion.
The Finance Minister said that 300 million rupees per month will be given for BRT to keep the bus running, if the institutions show their income then we will give subsidy on it.
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