Chief Minister Suhail Afridi presented the budget in the provincial assembly, as Adviser to Finance Muzammil Aslam is not an elected member and therefore could not formally present the budget under assembly rules.
According to budget documents, no new taxes have been imposed for the upcoming fiscal year, although changes have been proposed in the rates of certain existing taxes.
The provincial government has proposed an Annual Development Programme (ADP) worth over Rs519 billion, including Rs235 billion from provincial resources and more than Rs150 billion for development projects supported by international donor agencies.
The budget allocates Rs27 billion for merged districts development programmes and Rs52 billion for the Accelerated Implementation Programme (AIP). In addition, Rs55 billion has been proposed for local governments.
The government has also recommended a 7% increase in salaries and pensions for provincial employees. Budget proposals further include the merger of the 2022 and 2025 ad-hoc relief allowances into basic pay, providing a long-term benefit for government workers.
On the revenue side, Khyber Pakhtunkhwa expects to receive approximately Rs1.443 trillion from the federal government, while more than Rs105 billion is projected from hydel profit payments. The province s own-source revenue is estimated at Rs180 billion.
Among key welfare and development initiatives, the budget proposes increased funding for the Sehat Card programme, Rs50 billion for youth employment schemes, and a new financing programme to support the purchase of electric three-wheel vehicles.
The budget will now be debated in the provincial assembly before final approval.
