The KP government has presented a budget of Rs 118.3 billion for the financial year 2021-22. Rs 371 billion proposal for ADP

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Finance Minister Timur Saleem Jhagra is presenting the third budget of the PTI-led government in the Khyber Pakhtunkhwa Assembly in Peshawar on June 18, 2021.

PESHAWAR: The PTI-led Khyber Pakhtunkhwa government on Friday presented a budget of Rs 118.3 billion for the financial year 2021-22.

Presenting the third budget of the PTI-led government in the Khyber Pakhtunkhwa Assembly, Finance Minister Timur Saleem Jhagra said that a record Rs 371 billion had been allocated for the Annual Development Program (ADP) and Rs 747.3 billion for the current budget expenditure. Have gone

The minister announced a record 37% increase in the salaries of all employees who do not receive special allowances from the government.

Jhagra said Rs. 919 billion has been earmarked for settled districts and Rs. 199.3 billion for the development of integrated tribal districts.

Out of the total ADP of Rs. 371 billion, the government has proposed to allocate Rs. 277.7 billion for the settled districts and Rs. 100.3 billion for the amalgamated tribal districts.

Similarly, Rs. 648.3 billion has been allocated for settled districts and Rs. 99 billion for integrated districts.

Two ‘modern perspectives’

The Minister said that the current budget is based on five pillars – record increase in salaries of government employees, development budget, dedicated services to the people, increase in KP resource revenue, and targeted reforms and innovation in the overall system of governance. Introduction to

He said that two “innovative approaches” – “Development Plus Budget” and “Service Delivery Budget” were being introduced under which Rs 500 billion would be spent on the former, which would include mega projects like Health Plus Cards, Provision of furniture to government schools, and increase in the budget for medicines in public sector hospitals, while Rs 424 billion will be spent later with the priority of paying the salaries of doctors, nurses and teachers, supply of medicines to hospitals and rescue. In addition to supplying fuel to 1122 ambulances.

Income and expenses.

Regarding revenue and earnings during 2021-22, the Minister said that a revenue and revenue target of Rs. 1,018 billion has been set for the next financial year which will be achieved from various financial resources, duties and taxes.

He said that Rs. 475.6 billion would be collected through federal tax. 57.2 billion through the federal distribution pool of 1% share under the terror-affected province. 26.5 billion under gas and oil royalty and surcharge (direct transfer). Hydel Rs 74.7 billion under new profit (as per MoU 2015-16) and arrears; 75 billion under provincial tax and non-tax revenue. Rs 85.8 billion through foreign development aid (for settled areas) and Rs 3.3 billion through foreign development aid (for integrated areas) under special aid grant for integrated areas Rs 187.7 billion. And Rs 132.5 billion from other sources of revenue.

Regarding the details of the expenditure budget during the financial year 2021-22, the Minister said that a total of Rs 374 billion would be spent on salaries, including Rs 60 billion in integrated areas and Rs 314 billion in populated districts.

Similarly, Rs 92.1 billion will be used for pension payments, including Rs 1.0 billion for integrated areas and Rs 92 billion for settled districts.

Apart from salaries, Rs 203.9 billion will be spent on operation and maintenance expenses, emergencies and district expenses. Rs 38.9 billion and Rs 164.9 billion for integrated areas while Rs 74.4 billion for other existing expenditure.

In addition, Rs. 244.6 billion has been proposed for expenditure under the Provincial Development Program, including the Integrated Implementation Program for Integrated Areas, he said, adding that Rs. 17.4 billion has been allocated for the annual development program.

Salaries of government employees.

Salaries of all government employees are being increased except those who did not get special allowance including 20% ​​increase in functional or sectoral allowance, 10% increase in ad hoc relief allowance, 7% increase in house rent of these employees. Don’t take advantage of the scheme.

Jhagra said the last two years have seen a 100 per cent increase in pension expenditure and the share of pensions, which was only 1 per cent in 2003-04, had reached 13.8 per cent of the total budget in 2021-22.

To control the cost of pensions, he said, two proposals – raising the upper age limit for government employees, ie 55 years premature retirement or completing 25 years of service – are being considered at a cost of Rs 12 billion per annum. It will save Rs.

Similarly, Rs 1 billion will be saved from changes in the annual pension laws under which widows, children and parents of deceased employees will be entitled to pension benefits.

The Minister announced that the minimum wage of laborers and daily laborers is being fixed at Rs. 21,000.

The finance minister announced a 100 per cent increase in widows’ pensions from 75 per cent earlier.

Other allotments.

In addition to the Prime Minister’s Ehsas Program and Universal Health Insurance coverage, he said, Rs 10 billion for wheat subsidy, Rs 10 billion for food carts for the poor, Rs 10 billion for rehabilitation of small and medium enterprises (SMEs). Billions of rupees have been allocated. Corona virus, women.

Similarly, Rs. 10.4 billion has been allocated for the financial year 2021-22 to reduce the gap between developed and backward districts. Rs 2.6 billion has been allocated for the honorarium for the preachers of 20,000 mosques.

Tax cuts.

To boost economic activity and income, the provincial government proposed to reduce the tax rate on 12 categories of items and increase the minimum tax rate on 17 categories of items under the Khyber Pakhtunkhwa Revenue Authority and exempt the agricultural sector from agri tax. Given

Property tax rates have been further reduced to provide archives, libraries and hostel facilities for higher education students in addition to those who pay regular taxes, and free admission to students wishing to enroll in primary and secondary government schools. Giving has been announced.

Similarly, small farmers were exempted from land tax.



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