Rs33.68b budget approved for KMC

KARACHI: Administrator Karachi Rauf Akhter Farooqui on Wednesday has approved Rs33.68 billion budget for the fiscal year 2014-15 for Karachi Metropolitan Corporation, while the expenditures were estimated to be Rs33.47b.

Farooqui, using KMC council’s authority, has allowed a Rs212148000 saving budget for the coming fiscal year. According to which, Rs12252020m grant from Sindh government, Rs7377476m from provincial and district ADP, Rs5133800m from different revenue departments of KMC, KMC and KDA arrears on K-Electric Rs1983060m, Rs 1141070m from municipal utility charges and other municipal departments would be generated.

Rs1068920m from finance and account, Rs781300m from municipal services, Rs420160m from engineering, Rs599100m from enterprises and investment promotion, Rs465730m from medical and health services, Rs167800m from transport and communication, Rs120000m from culture and sports recreation, Rs90750 from park and horticulture, Rs800m from information and technology and Rs200m from Karachi Mass Transit Cell have been fixed.

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