June13 Fixed for KP Budget 2025-26 Announcement

The Khyber Pakhtunkhwa (KP) government is set to present its budget for the fiscal year 2025–26 on Friday, June 13, with the total outlay expected to exceed Rs2.18 trillion. The budget reflects the province’s shifting financial priorities and aims to balance development needs with fiscal responsibility.

Provincial Law Minister Aftab Alam, who has been given additional responsibility for the finance portfolio, will present the budget in the KP Assembly. Finance Department officials indicate that the new budget plan includes significant provisions for employee salaries, pensions, and infrastructure development.

Total expenditures for the year are projected at Rs1,962 billion, resulting in an anticipated budget surplus of Rs157 billion. Among the major proposed measures is a 10% salary hike for government employees, alongside a 7% increase in pensions.

Of the total budget, Rs680 billion is earmarked for salaries and Rs200 billion for pensions, with Rs189.6 billion allocated to settled districts and Rs4.4 billion to tribal areas. Development remains a key priority, with the Annual Development Programme (ADP) set at Rs547 billion — including Rs195 billion for settled areas, marking a 21% increase from the previous year. The tribal districts are slated to receive Rs294 billion, covering both operational and development expenditures.

Debt servicing has been scaled back to Rs55 billion, down from Rs67 billion in the outgoing fiscal year, as part of the province’s strategy to streamline financial commitments.

Several major infrastructure projects are expected to receive funding, including the Dera-Peshawar Motorway, the Peshawar Valley Housing Scheme Expressway, the Dera Uplift Programme, and the long-delayed Peshawar Ring Road.

In terms of revenue, KP anticipates receiving Rs1,342 billion from the federal government under the National Finance Commission (NFC) award, Rs108 billion from net hydel profits, Rs55 billion from oil and gas royalties, and Rs138 billion in war-on-terror compensation.

Compared to the Rs1,654 billion budget for 2024–25, the upcoming budget reflects a significant increase of Rs416 billion, aimed at addressing rising development and administrative demands. The new fiscal plan will take effect from July 1 following its passage in the provincial assembly.

Balochistan Budget to Focus on Youth and Jobs, Set for June 16

Meanwhile, the Balochistan government will unveil its fiscal year 2025–26 budget on Monday, June 16. The provincial cabinet is scheduled to convene at 3:00 PM, with the budget presentation by the finance minister expected at 4:00 PM in the Balochistan Assembly.

Chief Minister Mir Sarfaraz Bugti emphasized that the new budget will prioritize employment generation and youth empowerment. “We are introducing programmes through public-private partnerships to support our youth,” he stated, underlining job creation as a central policy focus.

The upcoming budget is expected to post a surplus, continuing the trend from the previous fiscal year. Officials report that 92% of the 2024–25 budget allocations have been utilized, suggesting an improvement in the province’s financial management and execution capabilities.

Source: Web Desk