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KP govt to present Rs1,600 bn surplus Budget 2024-25

May 23, 2024
in Business
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OUR SPECIAL CORRESPONDENT


PESHAWAR: The Khyber Pakhtunkhwa government is set to present a surplus budget of Rs1,600 billion for the financial year 2024-25.


Provincial Minister Aftab Alam announced that the budget would provide relief in electricity tariffs and introduce welfare cards to ease lives of common citizens.


However, new taxes will also be imposed due to financial constraints.


The province’s natural resources will be exploited to boost revenue, he added.

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The Provincial Cabinet will meet on May 24 to approve budget, followed by an assembly meeting at 3pm.

The KP governor has already approved the summary.

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