{"id":87029,"date":"2022-07-01T15:13:52","date_gmt":"2022-07-01T10:13:52","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=87029"},"modified":"2022-07-01T15:14:35","modified_gmt":"2022-07-01T10:14:35","slug":"kmc-pkr-32-bn-budget-fy2022-23","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/kmc-pkr-32-bn-budget-fy2022-23.html","title":{"rendered":"KMC to get PKR 32 bn development budget for FY2022-23"},"content":{"rendered":"\n<p>Karachi: The Karachi Metropolitan Corporation (KMC) will get a PKR 32.21 billion development budget for the fiscal year (FY) 2022-23, news sources reported on June 30. The total receipts are estimated at PKR 32.21 billion, whereas the total expenditure is PKR 32.19 billion.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/kmc-shc-frere-halls-campaign.html\" data-type=\"post\" data-id=\"86901\" target=\"_blank\" rel=\"noreferrer noopener\">KMC moves high court regarding Frere Hall\u2019s beautification campaign<\/a>\u00a0\u00a0<\/p>\n\n\n\n<p>Reportedly, the budget was presented by Karachi Administrator Murtaza Wahab at a press briefing here at Khaliq Dina Hall. According to budget documents, the KMC would get PKR 32.21 billion, which includes current revenue of PKR 26.61 billion and capital receipts of PKR 0.5 billion, as well as PKR 5 billion in the District <a href=\"https:\/\/www.zameen.com\/news\/sindh-govt-launches-development-projects-modernise-karachi-infrastructure.html\" data-type=\"post\" data-id=\"70130\" target=\"_blank\" rel=\"noreferrer noopener\">Annual Development Programme (ADP) <\/a>sections.\u00a0\u00a0<\/p>\n\n\n\n<p>Similarly, the Sindh government would transfer PKR 18.6 billion under the \u2018OZD share\u2019 and PKR 200 million under the entertainment tax, with liabilities of PKR 1.85 billion on KMC also scheduled to be remitted to KMC. Reportedly, the corporation is expecting to get PKR 1.477 billion in revenue from land enforcement, estate, Katchi Abadi regulation, PD Orangi, and parking taxes.&nbsp;<\/p>\n\n\n\n<p><strong>Expenditure<\/strong><\/p>\n\n\n\n<p>On the spending side, the KMC will spend PKR 32.195 billion on different city development projects:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>PKR 8.67 billion will be spent on non-development budget items such as pensions and miscellaneous expenses, including bail-out packages for subordinate departments\u00a0<\/li><li>PKR 5.756 billion has been allocated for medical and healthcare services\u00a0<\/li><li>PKR 3.943 billion has been allocated for municipal services\u00a0<\/li><li>PKR 2.72 billion will be spent on development projects\u00a0<\/li><li>PKR 2.079 billion has been allocated for the engineering department of KMC\u00a0\u00a0<\/li><li>PKR 1.422 billion has been earmarked for land enforcement and <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/sindh-governor-transforming-kachi-abadis.html\" data-type=\"post\" data-id=\"78652\" target=\"_blank\">Katchi Abadi welfare<\/a>, including PD Orangi and parking<br><strong>Read:<\/strong> <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/sindh-peoples-bus-service-karachis.html\" data-type=\"post\" data-id=\"86950\" target=\"_blank\">Sindh govt inaugurates \u2018Peoples Bus Service\u2019 for Karachi\u2019s seven routes<\/a><\/li><li>PKR 1.184 billion has been allocated for parks and horticulture activities\u00a0\u00a0<\/li><li>PKR 973 million has been allocated for culture, sports and recreation activities\u00a0\u00a0<\/li><li>PKR 898 million has been allocated for the Finance and Accounts department\u00a0<\/li><li>PKR 888 million will be spent on the <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/karachi-property-survey.html\" data-type=\"post\" data-id=\"79499\" target=\"_blank\">Competitive and Livable City of Karachi (CLI<\/a><a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/news\/karachi-property-survey.html\" data-type=\"URL\" data-id=\"https:\/\/www.zameen.com\/news\/karachi-property-survey.html\" target=\"_blank\">CK<\/a>)<\/li><li>PKR 500 million has been allocated for the development of roads, sidewalks, sewerage lines, bridges, and intersections across the city\u00a0<\/li><li>PKR 271.38 million will be spent on road repair and rehabilitation\u00a0<\/li><li>PKR 250 million will be spent on the management of street lights on major roads\u00a0<\/li><li>PKR 184.23 million has been allocated for the law department\u00a0\u00a0<\/li><li>PKR 172 million has been earmarked for the improvement of general infrastructure\u00a0<\/li><li>PKR 115 million has been set aside for the purchase of ventilators and medical equipment for KMC-managed hospitals\u00a0\u00a0<\/li><li>PKR 85 million will be spent on the improvement of Karachi Zoo, and Safari Park, and the purchase of new animals<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Karachi Metropolitan Corporation (KMC) will get a PKR 32.21 billion development budget for the fiscal year (FY) 2022-23, news sources reported on June 30. The total receipts are estimated at PKR 32.21 billion, whereas the total expenditure is PKR 32.19 billion. Read: KMC moves high court regarding Frere Hall\u2019s beautification campaign\u00a0\u00a0 Reportedly, the budget was presented by Karachi Administrator Murtaza Wahab at a press briefing here at Khaliq Dina Hall. According to budget documents, the KMC would get PKR 32.21 billion, which includes current revenue of PKR 26.61 billion and capital receipts of PKR 0.5 billion, as well as PKR 5 billion in the District Annual Development Programme (ADP) sections.\u00a0\u00a0 Similarly, the Sindh government would transfer PKR 18.6 billion under the \u2018OZD share\u2019 and PKR 200 million under the entertainment tax, with liabilities of PKR 1.85 billion on KMC also scheduled to be remitted to KMC. Reportedly, the corporation is expecting to get PKR 1.477 billion in revenue from land enforcement, estate, Katchi Abadi regulation, PD Orangi, and parking taxes.&nbsp; Expenditure On the spending side, the KMC will spend PKR 32.195 billion on different city development projects:&nbsp; PKR 8.67 billion will be spent on non-development budget items such&hellip;<\/p>\n","protected":false},"author":84,"featured_media":75880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[52975,52976,52974],"persona":[],"class_list":{"0":"post-87029","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-allocationbudget","9":"tag-kmc-cbuget-fy22-23","10":"tag-kmc-to-get-pkr-32-bn-development-budget-for-fy2022-23","11":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KMC to get PKR 32 bn development budget for FY2022-23- Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The Karachi Metropolitan Corporation (KMC) will get a PKR 32.21 billion development budget for the fiscal year (FY) 2022-23, news sources\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/kmc-pkr-32-bn-budget-fy2022-23.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KMC to get PKR 32 bn development budget for FY2022-23- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The Karachi Metropolitan Corporation (KMC) will get a PKR 32.21 billion development budget for the fiscal year (FY) 2022-23, news sources\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/kmc-pkr-32-bn-budget-fy2022-23.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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