Investor Presentaiton
Taimur Saleem Khan Jhagra
Minister for Finance,
Khyber Pakhtunkhwa
MESSAGE FROM THE
MINISTER FOR FINANCE
GOVERNMENT OF KHYBER PAKHTUNKHWA
I feel privileged to have led the preparation of the third budget of this PTI government
and the second budget of ONE Khyber Pakhtunkhwa. While COVID has negatively
impacted us all, we are taking it as an opportunity to reinvent ourselves. For this to
happen, we must not only face this external threat head-on, but we must also
introspect and change our way of working. Hence, this budget is one of reform,
recovery and resilience. Before we look to the future, we must appreciate the progress
made in the past year. Khyber Pakhtunkhwa Revenue Authority has delivered record
revenue growth. We have unlocked additional revenue sources through Net Hydel
Profits. Several mega projects are underway and we have made strides to serve our
citizens, in addition to generating economic growth.
However, there is much that needs to be done. To enable our citizens to deal with
COVID, we are investing in our healthcare capacity, enhancing our social protection
and safety nets & providing economic stabilization incentives through both tax and
non-tax reforms.
We are also committed to control the cost of government. We are deploying our best
talent, time and effort to arrest the growth in salary and pensions. We have identified
several opportunities to do so and are in the process of realizing these savings. In
parallel, we are being extremely prudent in controlling our discretionary current expen-
ditures.
Despite our challenges with current expenditures, we are committed to the province's
development to unleash the potential of this beautiful land and its resilient people. We
will go through hard times. But we will come out stronger.
www.finance.gkp.pk
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