{"id":488993,"date":"2025-07-09T09:14:02","date_gmt":"2025-07-09T04:14:02","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=488993"},"modified":"2025-07-09T09:14:02","modified_gmt":"2025-07-09T04:14:02","slug":"kp-to-face-rs100b-shortfall-in-federal-transfers-muzzammil","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/kp-to-face-rs100b-shortfall-in-federal-transfers-muzzammil\/","title":{"rendered":"KP to face Rs100b shortfall in federal transfers: Muzzammil"},"content":{"rendered":"<p>Advisor emphasized that all departments should work on increasing revenue and strengthening monitoring and evaluation mechanisms for the betterment of the province<br \/>\nDLP Report<br \/>\nPESHAWAR<br \/>\nAdvisor to the KP Chief Minister on Finance Mr. Muzzammil Aslam while addressing the Khyber Pakhtunkhwa Post-Budget Conference stated that the Federal Board of Revenue (FBR) has collected one thousand two hundred billion rupees less in revenue, which will result in KP receiving Rs 100 billion less in federal transfers.<br \/>\nHe added that last year, KP transferred Rs 150 billion into the Debt Management Fund, which will yield Rs 17 billion in annual revenue. This revenue will be the highest of any department in the province after the KP Revenue Authority (KPRA).<br \/>\nThese views were expressed by Muzzammil Aslam, Advisor on Finance and Inter-Provincial Coordination, KP, while addressing the Post-Budget 2025-26 Conference organized by the provincial government in collaboration with KP-SPEED.<br \/>\nThe objective of the conference was to provide a shared platform for understanding and discussion on the recently presented provincial budget \u2013 an important milestone to promote transparency, accountability, and public understanding of the budget\u2019s priorities and implications.<br \/>\nThe conference was attended by Secretary Finance Amer Sultan Tareen, Special Secretary Budget Muhammad Asif, Special Secretary Regulation Abidullah Kakakhel, as well as secretaries of various departments, additional secretaries, deputy secretaries, budget officers, and economists.<br \/>\nAdvisor Muzzammil Aslam emphasized that all departments should work on increasing revenue and strengthening monitoring and evaluation mechanisms for the betterment of the province. He stated that It is the duty of the province\u2019s approximately seven hundred thousand employees to immediately provide relief to the population of forty-five million and to do justice to their positions.<br \/>\nHe further stressed the importance of aligning budgetary resources with grassroots needs and reiterated the government\u2019s commitment to converting financial planning into real and tangible improvements in people\u2019s lives.<br \/>\nThe event began with a welcome address by the Secretary Finance Amer Sultan Tareen, in which he highlighted the province\u2019s commitment to responsible financial management, fiscal reforms, and citizen-centric service delivery.<br \/>\nThe Special Secretary Finance Muhammad Asif presented the key features of the budget, outlining revenue estimates, expenditure priorities, sectoral allocations, fiscal discipline, and reform initiatives included in the 2025\u201326 budget.<br \/>\nThe event concluded with the Advisor on Finance certificate distribution among the participants in recognition of their engagement and valuable contributions in the budget 2025-26.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Advisor emphasized that all departments should work on increasing revenue and strengthening monitoring and evaluation mechanisms for the betterment of the province DLP Report PESHAWAR Advisor to the KP Chief Minister on Finance Mr. Muzzammil Aslam while addressing the Khyber Pakhtunkhwa Post-Budget Conference stated that the Federal Board of Revenue (FBR) has collected one thousand [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":489007,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-488993","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin 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(FBR) has collected one thousand [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/kp-to-face-rs100b-shortfall-in-federal-transfers-muzzammil\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-09T04:14:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2025\/07\/Back-Peshaaa.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1865\" \/>\n\t<meta property=\"og:image:height\" content=\"1155\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta 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