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KPK Government presents Rs 923 billion tax free Budget 2020-21

KP Govt presents Rs 923 bn tax free Budget 2020-21 - Pakistan ...

PESHAWAR, June 19: The Khyber Pakhtunkhwa Government, on Friday, presented its annual budget worth Rs 923 billion with maximum allocation of Rs124billion for health, Rs317.8bln for development expenditure including Rs221.9 billion for settled districts and Rs95.9 billion for merged tribal districts.
Presenting the budget for financial year 2020-21 in the Khyber Pakhtnkhwa Assembly, the Finance Minister Taimour Salim Jhagra said that total outlay of the budget was pitched Rs923 billion including Rs739.1 billon for settled districts and Rs183.9billion for merged districts. About the ongoing expenditure, the Finance Minister said that a total of Rs605.2 billion were allocated for settled ie Rs517.2 billion and merged districts ie Rs88 billion. Regarding development expenditure, he said a total of Rs317.8 billion were earmarked including Rs221.9 billion for settled districts and Rs95.9 billion for merged districts. He said a record Rs124 billion were allocated for health sector for settled and merged districts, adding the budget for settled districts have increased from Rs87 billion of outgoing fiscal to Rs105.9 billion for upcoming fiscal year. – PR

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