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The 2023–24 Khyber Pakhtunkhwa budget was presented on 20 June 2023, the caretaker government of Khyber Pakhtunkhwa approved a budget exceeding 462 billion rupees for the first four months of the fiscal year 2023–24. [1] Muhammad Azam Khan the interim chief minister passed the budget was during a cabinet meeting. [2]
The 2024–25 Khyber Pakhtunkhwa budget was presented on 24 May 2024 by the Khyber Pakhtunkhwa Finance Minister Aftab Alam Afridi in the Khyber Pakhtunkhwa Assembly. [ 1 ] [ 2 ] The budget was presented before the federal budget , marking a first in the country's history.
The List of members of the 12th Provincial Assembly of Khyber Pakhtunkhwa represents the elected members of the 12th Provincial Assembly of Khyber Pakhtunkhwa, a legislative body in the Khyber Pakhtunkhwa province of Pakistan. The assembly was formed after the provincial elections held on February 8, 2024.
The Government of Khyber Pakhtunkhwa functions under the provisions of the Constitution of Pakistan (1973). The Province has a Khyber Pakhtunkhwa Assembly with 145 elected members, constituent of 115 Regular seats, 26 seats reserved for women and 4 seats for non-Muslims.
The government forms a budget for the new fiscal year by taking the budget from the previous fiscal year as a base and makes only small changes to it. Top-down approach: The central financial authority (e.g. the Ministry of finance ) sets boundaries to the budget and the government completes it.
Once budget is approved, the Government has no right to deviate from these sanctions. For excess expenditure, Government has to seek regularization from the Assembly. Similarly under Article 88 read with Article 127, accounts and audit reports of the Government are further scrutinized by the public accounts Committee of the Assembly.
Board Established City Website Refs Catholic Board of Education, Pakistan: 1961 Karachi [47] Lahore [48] [49] Diocesan board of education, Pakistan 1960 Islamabad, Rawalpindi [50] [51] Presbyterian Education Board Pakistan Lahore, Punjab
The government in the revised budget would place the fiscal deficit at a targeted rate of 6.53% of the GDP or Rs. 7,505 trillion, with the Federal Government seeking to cover it with multilateral/bilateral sources, national saving schemes, government securities, commercial/Euro bonds, the GP fund and deposits and reserves.