Sohail Afridi on Friday described Khyber Pakhtunkhwa’s “Khushhal Khyber-Pakhtunkhwa” budget for fiscal year 2026-27 as a “prosperous” and “revolutionary” budget after the provincial cabinet approved a Rs2.12 trillion financial plan.
The budget, approved during a cabinet meeting chaired by Afridi, proposes a 7% increase in salaries and pensions and raises the minimum monthly wage to Rs45,000.
According to official documents, Rs524 billion has been allocated for the Annual Development Programme (ADP), while current expenditure is estimated at Rs1.645 trillion. The province has projected a budget deficit of Rs48 billion.
Khyber Pakhtunkhwa expects to receive Rs1.584 trillion from the federal government, including more than Rs1.24 trillion in federal tax revenues.
Other projected receipts include Rs149 billion under the war-on-terror allocation, over Rs53 billion from the oil and gas surcharge, more than Rs24 billion from the windfall levy on oil, and over Rs38 billion in net hydel profit. The provincial government has also estimated its own-source revenues at more than Rs182 billion.