PESHAWAR: Khyber Pakhtunkhwa Minister for Information and Science & Information Technology Shafiullah Jan on Wednesday said that the provincial government’s own-source revenue had reached a record Rs150.84 billion, marking the first time in the province’s history that this level has been achieved. The own-source revenue target for the current financial year has been set at Rs182 billion.
In a statement, Shafiullah Jan said the significant growth in own-source revenue reflected the provincial government’s effective financial management strategy, improved revenue collection and more efficient utilisation of available resources. He appreciated the performance of the Finance Department, Excise Department, Khyber Pakhtunkhwa Revenue Authority, Information Department and other relevant departments for their commendable contributions to strengthening the province’s own-source revenue base.
The minister said the provincial government, in line with the vision of founding chairman Imran Khan, was taking practical measures to enhance revenue generated through indigenous resources.
“Under the leadership of Chief Minister Sohail Afridi, we are firmly committed to making Khyber Pakhtunkhwa financially self-reliant,” he added.
He said increasing revenue, reducing unnecessary expenditures and strengthening financial discipline remained key priorities of the government.
He emphasised that containing expenditures and increasing own-source revenue were central pillars of the government’s financial management strategy. Alongside improving revenue performance, the government was also ensuring transparency, accountability and efficient utilisation of public resources.
Shafiullah Jan said strengthening own-source revenue was a crucial step towards greater fiscal autonomy and long-term financial sustainability. A stronger revenue base would enable the provincial government to create greater fiscal space for development, public welfare and the provision of essential services to citizens. The government’s objective was not simply to increase revenue, but to establish a sustainable, transparent and efficient financial management system, he added.
The minister congratulated Secretary Information Matiullah Khan and his team on the Information Department’s outstanding performance in enhancing own-source revenue. He said the department’s improved revenue performance was the result of effective administrative measures, focused management and the consistent efforts of the entire Information Department.