Khyber Pakhtunkhwa Apna Budget is a surplus budget of Rs 100 billion. Aftab Alam, the finance minister, unveiled the Rs 1754 billion annual budget for the fiscal year 2024–25 on Friday. However, the entire cost, including development and current costs, came to Rs 1654.
The primary objectives of the Khyber Pakhtunkhwa Apna Budget 2024–25 include economic development, peace, job opportunities, and social protection.

Expected Budgetary Funds Collection

During the fiscal year 2024–25, the KP government expected to receive a total of 1754 billion. These are under various headings, including 1212.036 billion from the federal government.

These come under the following categories: Straight Transfer under the heading of Royalties and Surcharge on Oil and Gas, Windfall Levy, Net Hydel Profit, and One Percent of Divisible Pool on War on Terror.

For the fiscal year 2024–2025, KP set a goal of generating Rs 93.5 billion in income and outlined a plan for mobilization.

Tax Net and Reform in KP Apna Budget

KP govt has opted to enhance the tax net rather than raise taxes. These actions include changes to the property, sales, and other taxes as well as the tax on tobacco.

The government has lowered sales tax ratio on various online services.

In addition to requiring hotels to utilize the Restaurant Invoice Management System, the government lowered hotel taxes from eight percent to six percent. For wedding facilities, government has also suggested a fixed sales tax rate.

Additionally, the government has lowered the property tax rate for industries from Rs. 13600 to Rs. 10,000 per kanal.

Previously, the tax on commercial property was 16 percent of the monthly rent; it is now only 10 percent.

The government has lowered the five percent tax rate for medical supply stores, private hospitals, and other companies in the healthcare industry.

In order to boost tobacco production revenue, the government has suggested raising the cost of tobacco development.

The government has lowered province tax on property transfers from 6.5 percent to 3.5 percent.

Key Aspects of the Khyber Pakhtunkhwa Apna Budget

Finance Minister Aftab Alam has revealed ADP and the key aspects of the Khyber Pakhtunkhwa Apna Budget 2024–25.

Annual Development Program (ADP)

The Khyber Pakhtunkhwa Government on Friday announced Rs120 billion Annual Development Program (ADP) for financial year 2024-25.

Under the heading of development expenditure, the  govt alloted the following amounts totalling up to Rs 416.30 billion: Accelerated Implementation Program (AIP), Federal PSDP, District Annual Development Program (D-ADP), Development Expenditures for Settled and Merged Districts, Provincial Annual Development Program (P-ADP), and Foreign Project Assistance (FPA).

KP Apna Budget Education 

The KP government allotted Rs 362.68 billion for the education sector, including high school education, for the fiscal year 2024–2025. This is a 13% increase over the previous fiscal year.

Comparably, govt set aside Rs 35.82 billion, or 11% more than the previous fiscal year for higher education.

In addition to establishing around 350 schools in rented premises and 30 degree-level colleges, the KP government has allotted Rs326.86 billion for primary and secondary education.

KP Apna Budget Health

In a similar vein, the health sector received Rs 232.08 billion in funding for the fiscal year 2024–2025—a 13% increase over the previous year.

Additionally, the government launched the air ambulance service. It also established the satellite center of the Peshawar Institute of Cardiology for the southern regions of KP.

Along with the Rs 10.97 billion allotted for the purchase of medications, govt has set an additional Rs 28 billion for the Sehat Card Plus program in settled districts, and Rs 9 billion for combined tribal districts.

The Minister stated that over 40 million individuals, including 52% of women, received treatment worth Rs 1 million each family under the program of universal health coverage.

Law and Order

The KP government announced Rs140.62 billion for law and order improvements, a 12% increase over the previous fiscal year.

Additionally, the home department initiated the PEHL 911 project.

Social Welfare

The Social Welfare Department’s budget rose to Rs 8.11 billion, a six percent rise. In combined tribal districts, govt increased the budget for the shelter houses program to Rs 600 million from Rs 300 million in the previous fiscal year.

Ehsas Employment, Own House, Youth and Skills Program

The Khyber Pakhtunkhwa Apna Budget allots Rs 12 billion to the Youth Program, Skills Program, and Ehsas Employment Program. It will give the residents of the province 100,000 new jobs.

Govt has allocated Rs3 billion for the construction of 5000 new homes as part of the Ehsas Own House Program.

Dams, Irrigation, Wheat Procurement, Emergency and Roads

The govt has allocated ten billion rupees for CRBC Lift Canal, which will irrigate three lakh acres of land and launch the Tank, Chodran, and Daraban dams.

Moreover, govt separated Rs 6.50 billion for road development, emergency repairs will receive Rs 2.50 billion, and wheat procurement will receive Rs 26.90 billion.

KP govt has made possible the public-private partnerships model. It will help building the Lower Spat Gah project, which will require 470 megawatts, the road connecting DI Khan with the Hakla motorway, and the Dir and DI Khan motorway.

Agriculture, Livestock, Climate Change and Tourism

In order to combat climate change and desertification, Khyber Pakhtunkhwa Apna Budget 2024–2025 allotted Rs14.05 billion for the Billion Tree Plus project.

In addition to the Rs. 14.69 billion allotted for livestock, an additional Rs. 9.66 billion is set aside for tourism, including a field heritage school project and a tourism helpline (1422).

Apart from the Rs 28.93 billion allocated for the olive project, govt has alloted an additional Rs 28.6 billion for agriculture.

Energy, Industries and Minerals

Similarly, the KP distribution business was established along with the grant of Rs 31.54 billion for the energy industry.

The budget for 2024–2025 announced the start of the 235 megawatt Batakundi–Naran hydro project.

The government has allotted Rs 2. billion for minerals and Rs 7.53 billion for industries, a two percent increase.

Salaries and Pensions 

Additionally, the Khyber Pakhtunkhwa Apna Budget announced a 10% raise in base salary for both retirees and employees.
Similarly, the government raised the minimum wage from Rs 32000 to Rs 36000.

Expenditures in Khyber Pakhtunkhwa Apna Budget 

The KP province’s expenditures for the fiscal year 2024–2025 are divided into two categories: development and non-development.

For the fiscal year 2024–2025, it was projected that the settled districts would spend Rs. 1093.087 billion. These comprise pensions and non-salary expenses of health MTIs, Tehsil, capital expenditures, ways and means, and provincial wages as well as the salary budget for health MTIs.

In the same manner, it was projected that the merged districts will spend Rs 144.628 billion. They also include pensions, Tehsil salaries, province salaries, non-salary workers, temporarily displaced individuals, and non-salary Tehsil expenses.

The total amount spent on development is Rs 416.284 billion, which is divided into several categories: Rs 120 billion for the Provincial Annual Development Program (P-ADP); Rs 24 billion for the District Annual Development Program (D-ADP); Rs 36 billion for the Merged Districts Annual Development Program (MD-ADP); Rs 79.286 billion for the Accelerated Implementation Program (AIP); Rs 130.587 billion for Foreign Project Assistance (FPA); and Rs 26.411 billion for Federal PSDP.

Revenue Share, Budget Deficits, and Issues

The province’s share under the NFC award is Rs 262 billion, of which Rs 123 billion has been received and there is an annual shortfall of Rs 139 billion.

There were around Rs 1800 billion in overdue amounts under the AGN Qazi formula, which was approved by the Council of Common Interest, and Rs 46.82 billion under the oil and gas head.

Final Thoughts

The Khyber Pakhtunkhwa Apna Budget 2024–25, according to the minister, is more than merely a budget.

Instead, it served as a blueprint for the province’s growth and prosperity and reflected the government’s unwavering commitment to preserving social justice and gender equality.

He concluded by thanking planning, development, and the finance department for their quick work in creating the budget sheet.