KP re­leases Rs7204m to lo­cal gov­ern­ments

Pakistan Observer - - NATIONAL - STAFF RE­PORTER

PESHAWAR —Khy­ber Pakhtunkhwa Fi­nance Depart­ment has re­leased colos­sal amount of Rs.7204.00 mil­lion to the three tiers of lo­cal gov­ern­ment viz district, Tehsil/ Town and vil­lage/Neigh­bor­hood Coun­cils of first quar­ter for de­vel­op­men­tal pur­pose with start of the new fi­nan­cial year from July 1.

Fi­nance Depart­ment through three sep­a­rate no­ti­fi­ca­tions is­sued here on Fri­day, re­leased a ma­jor chunk of Rs. 2783.65 mil­lion to the vil­lage and Neigh­bor­hood Coun­cils while dis­tricts (ac­count IV) and Tehsil/ Town Ad­min­is­tra­tions (Ac­count I) have been is­sued Rs. 2210.00 mil­lion each.

It is worth men­tion­ing that fi­nance depart­ment has re­leased all grants to the three tiers of lo­cal gov­ern­ment for the first quar­ter un­der Pro­vin­cial Fi­nance Com­mis­sion (PFC) with­out dis­crim­i­na­tion and funds of any area of coun­cil have not been de­layed even in case of any po­lit­i­cal or ad­min­is­tra­tive prob­lems there so that de­vel­op­men­tal process could not be ham­pered there and peo­ple get de­vel­op­men­tal and mu­nic­i­pal ser­vice with­out any hur­dles.

Mean­while, KP Fi­nance Min­is­ter Muzaf­far Said has eu­lo­gized per­for­mance of Fi­nance depart­ment for timely re­lease of de­vel­op­men­tal funds to the dis­tricts, TMAs and Vil­lage/Neigh­bor­hood Coun­cils for the first quar­ter.

He ap­pre­ci­ated role of fi­nance sec­re­tary ad­di­tional sec­re­taries and sec­tion/bud­get of­fi­cers in this re­gard and ex­pressed the con­fi­dence all the sec­tions of the depart­ment would con­tinue to per­form bet­ter and re­lease de­vel­op­ment funds well in time.

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