Wahab presents KMC budget with a total outlay of over Rs32.21bn.

KARACHI -- Administrator Karachi Barrister Murtaza Wahab on Wednesday presented the Karachi Metropolitan Corporation's budget of over Rs32.21 billion for the financial year 2022-23 with a Rs16.12 million surplus.

The administrator presented the budget at a press briefing here at Khaliq Dina Hall.

The total receipts in the budget was Rs32.21 billion while the total expenditure was estimated at Rs32.19 billion.

Municipal Commissioner Afzal Zaidi, Finance Advisor Ghulam Murtaza Bhutto, Director Budget Nasir Mahmood Ishaq, Senior Director HRM Imtiaz Abro, Senior Director Media Management Ali Hassan Sajid and other officers were also present during presentation of the budget.

According to the budget book, total receipts were expected to be Rs32.212 biilion, including current receipts of Rs26.61 billion, capital receipts of Rs0.5 billion abd District ADP Funds of Rs5 billion.

The grant from the Sindh government, including OZD share, would be Rs18.6 billion and in terms of current and arrears from the provincial government in the head of entertainment tax, Rs200 million were expected to be transferred to the KMC. Liabilities of Rs1.85 billion on K-Electric were also expected to be given to the KMC.

Similarly, Rs1477.613 million revenue is expected from land enforcement, estate, katchi abadis, PD Orangi and Charged Parking. The total expenditures were estimated at Rs32.195. In terms of repair and maintenance, Rs271.38 million were earmarked while development projects are estimated at Rs2.72 billion .

In the budget for the next financial year, Rs8677.48 million had been allocated for pension fund, miscellaneous expenses and bailout package.

Similarly, Rs 5756.25 million were fixed for medical and health services; Rs3943.03 million for municipal services; and Rs2079.01 million for engineering department.

Rs1422.005 million had been earmarked for land enforcement, estate, katchi abadi, PD Orangi and Charged Parking. Rs1184.42 million were fixed for Parks and Horticulture Department; Rs 973.45 million for Culture, Sports and Recreation; Rs898.49 million for Finance and Accounts (MUCT); Rs184.23 million for Law Department; and Rs 888.58 million for CLICK project.

In the budget for the financial year 2022-23, Rs500 million were allocated for development works including improvement of roads, sidewalks, sewerage line, bridges and intersections,.

Similarly, Rs.250 million were earmarked for management of street lights on major roads, Rs.172 million for...