Pakistan, June 25 -- The Karachi Metropolitan Corporation (KMC) approved the budget of Rs 55 billion for the year 2025-26, with a surplus of Rs 146.2 million.

According to the details, the KMC budget 2025-26 shows a surplus of Rs 146.2 million, with total income estimated at Rs 55.28 billion and expenditures at Rs 55.13 billion.

Over Rs 20 billion has been earmarked for development works across Karachi, for major infrastructure upgrades. Among these, Rs 9 billion has been approved for district-level Annual Development Programme (ADP) schemes.

A significant portion - Rs 31.59 billion - will go toward salaries and administrative expenses, while Rs 13.41 billion has been set aside for pensions of retired employees.

KMC has allocated Rs 7...