PESHAWAR: The Khyber-Pakhtunkhwa (K-P) Assembly on Monday presented its provincial budget for year 2013-14, Express News reported.
Provincial finance minister Sirajul Haq presented the budget, which he claimed was divided into three parts: welfare, administrative and developmental.
Apart from K-P, the Sindh and Punjab assemblies will be presenting their respective provincial budgets. The outlier is Balochistan, where the provincial budget will be presented on Thursday, June 20.
Provincial budgets are always announced after the federal budget, since the provincial governments need final confirmation from Islamabad on federal allocations for their respective jurisdictions. While two provinces presenting their budgets on the same day is somewhat common, three provinces considering their money bills is somewhat unusual.
The current budget cycle is a highly unusual one: never in Pakistan’s history has a political transition taken place so soon before the end of a fiscal year. That compressed timeline has left all of the provincial governments scrambling to prepare their documents in time and present the final money bills before the legislatures.
Federal Finance Minister Ishaq Dar presented the federal budget to the National Assembly on June 12 and said that the allocation for provincial development budgets had been substantially increased, ostensibly to allow them to undertake larger infrastructure projects. Yet in Sindh and Khyber-Pakhtunkhwa, the provincial governments are led by political rivals of the Pakistan Muslim League Nawaz (PML-N). Karachi and Peshawar are unlikely to take dictation from Islamabad and Lahore.
Correction: An earlier version of the story contained an inaccurate figure for the K-P pension and education, but the figure has now been corrected. The error is regretted.