KPK makes historic Rs319.2 billion ADP allocation

Khyber Pakhtunkhwa government has made historic allocation of Rs 319.2 billion under the Annual Development Programme (ADP) for fiscal year 2022-23. Of the total outlay of the budget, Rs 1,108 billion has been allocated for settlement districts while Rs 223 billion has been allocated for merged tribal districts.

According to the budget documents, the total current budget of the province has been set at Rs 913 billion, of which Rs 789 billion has been allocated for settlement districts and Rs 124 billion for integrated districts.

The total development budget of the province covered Rs 418 billion of which 319 are allocated for settlement districts and 99 for integrated districts. KP Minister for Finance Taimoor Khan Jhagra on Monday presented a Rs 1.332 trillion budget for the fiscal year 2022-23, including 1,109.1 billion in the settled districts and Rs 222.9 billion in the newly merged district (NMDs) during a special budget session that chaired by Deputy Speaker Mahmood Jan. Business community of KP assails budget, calling it ‘disappointing’

This year’s total estimated receipts are around Rs 1,333 billion. Federal Transfers including federal tax assignments, 1 percent war on terror, and straight transfers are budgeted at a total Rs 670.5 billion, the budget document said.

Jhagra said that the total outlay of the budget stands at Rs 1332 billion. “Despite hurdles, we have earmarked Rs 319.2 billion for the development portfolio of which only Rs 8 billion will be received under the PSDP.

According to budget documents, the total revenue for the province is estimated at Rs 1332 billion. A sum of Rs 570 billion would be received from the federation in terms of taxes, while the province is expecting to receive Rs 68.60 billion in the war on terror, it added.

Jhagra said that Rs 447.9 billion would be spent on salaries including Rs 372.1 billion in settled districts and Rs 75.8 billion through merged tribal districts while Rs 107 billion on pension including Rs106 billion in settled districts and Rs one billion in merged tribal districts.

Besides salaries, he said Rs 247.4 billion would be spent on O&M, emergency and district expenditures, Rs 111.4 billion on other current expenditures while volume of provincial development program including accelerated development programme budget was Rs 241 billion including Rs185 billion for settled districts and Rs 56 billion for merged tribal districts while volume of total development budget was Rs 383.5 billion including Rs 319.2 billion for settled districts and Rs 64.3 billion for merged tribal districts.

Under foreign programme assistance, Rs 93.2 billion would be spent including Rs 88.9 billion for settled districts and Rs 4.3 billion for merged tribal districts while Rs 8.3 billion would be received through the Public Sector Development Programme for settled districts of Khyber Pakhtunkhwa.