The provincial budget of Khyber Pakhtunkhwa (KP) for the fiscal year 2011-12 will be presented at 3 pm today (Saturday).
Official sources have revealed that the budget is likely to have an outlay of Rs249 billion with no new taxes imposed.
KP Governor Barrister Masood Kosar has called for the Provincial Assembly session at 3 pm today where the provincial budget will be presented by the Finance Minister Mohammad Humayun Khan.
Sources told that the budgetary proposals include Annual Development Programme (ADP) worth Rs85 billion out of which 70 per cent will be allocated for the ongoing schemes while the remaining amount would go to new projects.
The foreign aid component, which in the current year was around Rs9 billon, had now jumped to Rs12 billion while the indigenous development...