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FY2026-27: KP CM presents Rs2.17tr budget, with estimated fiscal deficit of Rs48bn

FY2026-27: KP CM presents Rs2.17tr budget, with estimated fiscal deficit of Rs48bn
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Khyber Pakhtunkhwa Chief Minister Sohail Afridi is presenting the provincial budget for the fiscal year 2026-27 in the KP Assembly.

The budget outlay is Rs2.17 trillion, with an estimated fiscal deficit of Rs48 billion, according to the budget documents.

At the outset of his budget speech, he said all parliamentarians of the PTI from the provincial assembly had тАЬunanimously decidedтАЭ to present the budget.

Earlier, the presentation of the budget remained doubtful as the provincial government reportedly linked it to a meeting with incarcerated PTI founder Imran Khan.

In his speech, Afridi also announced that the budget he was presenting had a deficit of Rs48bn. тАЬThe KP government will not seek a loan of Rs48bn from anyone,тАЭ he said, adding that тАЬwe will provide this amount to the people of KP from our own resourcesтАЭ.

Moreover, he said the budget would be in accordance with the Federal Board of RevenueтАЩs tax collection target of Rs15.2 trillion.

тАЬThere will be no grants for the Centre in this budget,тАЭ he asserted. The KP CM went on to say that his governmentтАЩs representatives had clearly stated in a meeting of the National Economic Council that a decision on providing grants to the Centre could not be made without consulting Imran.

тАЬWe said Imran Khan sahib is the final authority on this,тАЭ he said, adding that the KP governmentтАЩs representatives were not being allowed to meet Imran. He said his party had demanded a meeting with Imran ahead of the provincial budget, further reiterating the PTIтАЩs allegation that Imran and his spouse, Bushra Bibi, were being kept in solitary confinement and isolation.

Amid protest by the opposition, he continued that a demand to allow ImranтАЩs meetings with his family had also been made. тАЬThe restoration ImranтАЩs fundamental rights was also demanded,тАЭ he added.

He earlier presided over a meeting of the provincial cabinet, which approved the budget.

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