Finance Minister KP said the government has achieved great successes in all sectors in FY 2020-21 and constructed state-of-the-art Peshawar Institute of Cardiology, new OPD block at Khyber Teaching Hospital Peshawar, mother and children hospital, new women block at DHQ Mardan, Allied and Surgical block at Lady Reading Hospital besides converted Baacha Khan Medical Complex Mardan to Medical Teaching Institution (MTI) costing Rs16billion that brought positive revolution in health sector in KP.
Coordinated ambulance services extended to all 25 districts of KP while 194,000 passengers are being daily facilitated through BRT. Likewise, Rs5.8 million vehicles are passing through Swat Motorway per year that was completed with an estimated cost of Rs41billion. Similarly, US $50million investment has been made in Rashakai Special Economic Zone Nowshera being constructed on 1000 acres and Rs10billion spent on construction of Mohmand Dam, Khyber Pakhtunkhwa Economic Corridor, five new grid stations and other newly completed projects.
Provincial revenue would be increased by Rs50billion for the first time in KP as 68% increase had been witnessed in last two years, reflecting investor’s overwhelming confidence in policies of the government.
For the first time in KP’s history, he said development expenditure exceeded to over Rs200billion despite Covid-19 pandemic situation. He said KP was the first province that provided free health insurance to its every citizen up to Rs1million and up till now 14million people benefited from this landmark healthcare initiative. Likewise, 7.2million families were provided health insurance in 25 districts of KP while categories of 244 government and private hospitals were made.
The Minister said Rs24billion allocated for health insurance program during FY2021-22 under which each family can get free treatment up to Rs1million while 165,642 persons benefited from Sehat Plus Program.
He opined that new NFC Formula 2017 should be implemented on national census’ basis by including the population of merged areas and other statistics of KP.
The government is striving to solve net hydel profit payment issue through AGN Qazi formula, he said, adding implementation of 2016 MoUs in letter in spirit besides 5% indexation payment and regular monthly payment of the net hydle profit after separating it from Wapda viz a viz lumsum payment for existing arrears was imperative.