KP budget with total outlay of Rs 505 b announced

The Khyber Pakhtunkhwa budget for the next fiscal year with total outlay of 505 billion rupees was announced Tuesday evening. One hundred and twenty five billion rupees have been allocated for Annual Development Programme. Over one thousand five hundred development projects will be completed in fiscal year 2016-17. He says about thirty three billion rupees have been earmarked for improvement of law and order situation and eliminating the menace of terrorism. Thirty-eight billion rupees will be spent on improvement of health services which is about 28 percent more than the outgoing fiscal year. About fifteen thousand Lady Health Workers and Vaccinators will be recruited in the next financial year. One hundred eleven billion rupees have been allocated for the promotion of education. One point six billion rupees will be spent on social welfare and women development. Eight billion rupees will be spent on the promotion of agriculture and two billion rupees on industrial development. The ratio of several taxes including registration fee of vehicles has been enhanced. Earlier, the provincial cabinet in its meeting in Peshawar approved the budgetary proposals for the new fiscal year.

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