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KP Finance Minister Muzaffar Said unveils Rs603 billion Budget 2017-18

02:59 PM | 7 Jun, 2017
KP Finance Minister Muzaffar Said unveils Rs603 billion Budget 2017-18
PESHAWAR - Provincial Finance Minister Muzzafar Said on Wednesday presented fifth budget of PTI-led Khyber Pakhtunkhwa (KP) government with total outlay of Rs603 billion in provincial assembly for fiscal year 2017-18.

Earlier, the provincial cabinet, headed by Chief Minister Pervez Khattak, approved the budget recommendations.

Delivering the budget speech, the finance minster said that the government was struggling for human resources development since holding office.

Annual Development Programme

  • Rs208 billion allocated for the Annual Development Programme (ADP), which also includes Rs82 billion foreign project assistance.


Non-Development Fund

  • The provincial government announced to allocate Rs385 billion for non-development sector in Budget 2017-18.


Salaries and Pensions

  • A 10% raise has been proposed in the salaries and pensions of provincial government employees.

  • Ad hoc relief for the year 2010 has been merged with salaries.


Health

  • Allocation of over Rs25 billion has been recommended for health sector.

  • Rs5.4 billion allocated for health insurance program.

  • Health insurance extended to 69 per cent people of total population in KP.

  • Rs12 billion allocated for procurement of instruments for hospitals.


Billion Tree Project

  • Rs1 billion will be spent to Billion Tree Tsunami Afforestation.


Education 

  • The government set aside Rs127.91 billion education sector.


 

 

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Currency Rates in Pakistan Today - PKR to US Dollar, Euro, Pound, Dirham, and Riyal - 21 April 2024

Pakistani currency remains unchanged against US Dollar and other currencies on April 21, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro stands at 293 for buying and 296 for selling while British Pound hovers at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.20 and Saudi Riyal's new rate was at 73.30. 

Today’s currency exchange rates in Pakistan - 21 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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