punjab budget 2013-14

PESHAWAR: The Khyber Pakhtunkhwa government unveiled its Rs 344 billion budget for 2013-14 on Monday.

Welcome to Biseworld.com. The provincial budget calls for imposing a one percent tax on the Afghan transit trade.

While presenting the budget, the provincial Finance Minister Siraj-ul-Haq said good governance and elimination of corruption were the top priorities, adding that no new tax had been introduced. The Finance Minister also announced the formation of a Tax Authority and the establishment of Rescue 1122 service in Swat.

From the total outlay, Rs118 billion has been earmarked for the development projects which include 983 schemes, of which 565 are ongoing ones, while 351 new uplift undertakings are on the launchpad.

For health and education, Rs22.87 billion and Rs66.6 billion has been allocated respectively.

The Finance Minister announced an education emergency in the province and recommended the formation of an Education Advisory Commission.

Rs23.78 billion has been set aside for the police.

The budget recommendations include a 15 percent increment in salaries of government employees from Grade-1 to 16.

For government officers between grade 17 and 20 a 10 % increment has been recommended. A 15 percent increment in pensions of retired government employees has also been recommended, while Rs200 million has been earmarked to help less fortunate children.

It has been recommended that the Bacha Khan Rozgar scheme be discontinued and in its place, loans be provided to the youth.

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