ID :
169058
Thu, 03/17/2011 - 17:58
Auther :
Shortlink :
http://m.oananews.org//node/169058
The shortlink copeid
KP Minster of Finance directed the concerned to make the budget beneficial for the people
Peshawar, March 17, 2011 (PPI): A presentation on the budget 2011-12 was given to the Khyber Pakhtunkhwa Minister for Finance Engineer Muhammad Haumayun Khan at the Conference Room of Finance Department in Peshawar on Thursday. Those attended the presentation included Secretary Finance Sahibzada Saeed Ahmad, Special Secretary Finance Masood Khan, additional secretaries Nadeem Bashir and Bashir Khan and other officers of the Finance department.
The minister was briefed in detail on the financial position of the Khyber Pakhtunkhwa budget 2011-12 and the necessary impact on it due to the 18th Amendment. He was also told about the fiscal challenges the KPK was going through due to the last year floods and estimated increase in the budgetary allocations due to implementation of different measures for the welfare of the general masses.
The new increase in the expenditures due to induction of teachers, implementation of the four tier formula in the education department, rehabilitation of the flood victims etc was also debated and a strategy adopted to overcome the shortfalls in the budget. The minister was also shown the total breakup of the federal fund and manpower transfers.
The finance minister stressed the need for broad-based strategy to make the budget transparent and participatory. He directed the authorities concerned to make the budget beneficial for the people. He said efforts should be made to give proper attention to the health, education and social sectors. The minister was told that proper support to raising literacy ratio in the province had also been proposed in the budget. Moreover, various new programmes had been proposed in the budget for the wellbeing of the talented students and youth.
The minister was also shown different priorities of the Khyber Pakhtunkhwa government in various social sectors and it was identified that efforts would be made to avoid putting extra load on the people. Engineer Haumayun Khan directed the finance department officers to work out the new budget after setting all the priorities of the government according to the expectations of the general masses of the province. He expressed the hope that despite many crises and challenges faced to the KPK during the last year, those would not effect the coming budget adversely.
The minister was briefed in detail on the financial position of the Khyber Pakhtunkhwa budget 2011-12 and the necessary impact on it due to the 18th Amendment. He was also told about the fiscal challenges the KPK was going through due to the last year floods and estimated increase in the budgetary allocations due to implementation of different measures for the welfare of the general masses.
The new increase in the expenditures due to induction of teachers, implementation of the four tier formula in the education department, rehabilitation of the flood victims etc was also debated and a strategy adopted to overcome the shortfalls in the budget. The minister was also shown the total breakup of the federal fund and manpower transfers.
The finance minister stressed the need for broad-based strategy to make the budget transparent and participatory. He directed the authorities concerned to make the budget beneficial for the people. He said efforts should be made to give proper attention to the health, education and social sectors. The minister was told that proper support to raising literacy ratio in the province had also been proposed in the budget. Moreover, various new programmes had been proposed in the budget for the wellbeing of the talented students and youth.
The minister was also shown different priorities of the Khyber Pakhtunkhwa government in various social sectors and it was identified that efforts would be made to avoid putting extra load on the people. Engineer Haumayun Khan directed the finance department officers to work out the new budget after setting all the priorities of the government according to the expectations of the general masses of the province. He expressed the hope that despite many crises and challenges faced to the KPK during the last year, those would not effect the coming budget adversely.
