Pakistan, June 10 -- PESHAWAR - Khyber Pakhtunkhwa (KP) is set to present a Rs2 trillion budget for the fiscal year 2025-26, featuring a Rs200 billion surplus. According to Finance Department sources, the development budget is expected to exceed Rs433 billion, reflecting a 40% increase compared to the previous year. Around 500 new development schemes will also be introduced.

The provincial expenditure for the upcoming year is estimated at Rs1,800 billion. Major allocations will go toward education and the Sehat Card program, signaling a strong focus on public welfare. While there is no salary increase proposed in the new budget, a reduction in income tax on salaries is under consideration.

Advisor to Chief Minister on Finance, Muzzammil...