KP eyes 5.6pc revenue jump in 2020-21

Dawn | Feb 15, 2020 at 7:04 AM
  • The Khyber Pakhtunkhwa finance department has pitched the outlay of the province’s next budget at Rs979 billion.
  • The document noted that the additional fiscal space had been caused by the multiple measures rolled out by the provincial government, especially removal of redundant posts, increase in the retirement age from 60 years to 63 years, improvement of the province’s own source revenue generation, and lower cost of doing business.
  • Of it, the provincial component will be around Rs115 billion, merged districts ADP Rs26 billion, accelerated implementation programme for merged districts Rs64 billion, district ADP Rs46 billion and donor-funded projects Rs82 billion.