K-P government announces Rs300 billion budget for 2012-13
Four percent of the Gross Domestic Product (GDP) will be spent on education.
Provincial Finance Minister Engineer Humayun Khan unveiled a Rs300-billion budget for the year 2012-2013 for Khyber Pakhtunkhwa on Friday.
The session, held in the provincial assembly, was chaired by Speaker K-P assembly Kiramatullah Khan.
Once the budget is released, a raise of 20% is expected in the salaries of the government officials.
Four percent of the Gross Domestic Product (GDP) will be spent on education, while scholarships for students who cannot attend school in Kohistan and Torghar will be introduced.
Last year, a budget of Rs294 billion was proposed.
Expenditure details of the next year were as follows:
Health: Rs10.33 billion
Education: Rs6.07 billion
Police: Rs23.56 billion
Irrigation: Rs2 billion
Vocational education: Rs1.73 billion
Environment: Rs1.11 billion
Development: Rs2.45 billion
Pension: Rs210 million
Provincial government salaries: Rs83.83 billion
Wheat subsidy: Rs2.5 billion
Loans: Rs9 billion
The session, held in the provincial assembly, was chaired by Speaker K-P assembly Kiramatullah Khan.
Once the budget is released, a raise of 20% is expected in the salaries of the government officials.
Four percent of the Gross Domestic Product (GDP) will be spent on education, while scholarships for students who cannot attend school in Kohistan and Torghar will be introduced.
Last year, a budget of Rs294 billion was proposed.
Expenditure details of the next year were as follows:
Health: Rs10.33 billion
Education: Rs6.07 billion
Police: Rs23.56 billion
Irrigation: Rs2 billion
Vocational education: Rs1.73 billion
Environment: Rs1.11 billion
Development: Rs2.45 billion
Pension: Rs210 million
Provincial government salaries: Rs83.83 billion
Wheat subsidy: Rs2.5 billion
Loans: Rs9 billion