Khyber Pakhtunkhwa govt set to present over Rs1 trillion budget today.

PESHAWAR -- The Khyber Pakhtunkhwa government is set to present over Rs1 trillion budget for the upcoming fiscal year in the provincial assembly today (Monday).

According to official documents, the outlay for 2022-23 consists of more than Rs900 billion for the current expenditures while more than Rs400 billion has been allocated for the development sector.

Provincial Finance Minister Taimur Saleem Jhagra will present the fourth and second last budget of the Pakistan Tehreek-i-Insaf government in the province.

The acting governor, Mushtaq Ahmed Ghani, who is also speaker of the provincial assembly, has already convened the session of the house in which budget for the upcoming fiscal year will be presented.

More than Rs900 billion allocated for current expenditures and Rs400 billion for development sector

The development portfolio of the provincial budget consists of more than 2,000 development schemes including 1,400 for the settled districts, 360 for tribal districts, 331 under the Accelerated Implementation Programme for the merged districts and 64 are foreign-assisted projects.

Of the total 2,000 development schemes for the next year, 1780 are ongoing while the remaining 322 are newly proposed schemes, according to the documents.

The government departments have utilised 74 per cent of the Rs205.8 billion released development budget for the outgoing financial year 2021-22.

The revised allocation for the settled districts in the current budget was Rs160.4 billion against which the government released Rs152.3 billion while the departments utilised Rs 112 billion by the end of May, 74 per cent of the released funds.

The documents depict a grim picture of the Annual Development Programme for the seven merged districts as revised allocation in this head has been reflected as Rs2.4 billion but not a single penny has been released in this connection.

Similarly, revised allocation for Accelerated Implementation...