Khyber Pakhtunkhwa’s finance advisor highlights a 150 billion rupees financial burden due to reduced federal revenues.
Peshawar: (Right Now News) Khyber Pakhtunkhwa’s finance advisor, Muzammil Aslam, has stated that the province is facing a financial burden of 150 billion rupees.
Muzammil Aslam mentioned in his statement that federal tax revenues are expected to decrease by 800 to 1000 billion rupees, which will adversely affect the province. He added that a cut of 180 billion rupees in the PSDP will result in Khyber Pakhtunkhwa receiving 120 billion rupees less.
According to officials, these measures are expected to significantly increase the province’s financial difficulties. They reported that Khyber Pakhtunkhwa has spent 10 billion rupees on flood relief and 15 billion rupees on the rehabilitation of IDPs.
The province has also spent 10 billion rupees on fuel compensation for farmers, motorcycles, and buses. Muzammil Aslam stated that the total financial pressure on the province has reached 150 billion rupees.
It should be noted that Khyber Pakhtunkhwa’s economy is already facing financial challenges, and further pressure could worsen the situation.













