From 6.7 billion for education in 2012-13 budget, KP have progressed to a level that now we have 236 billion (206 + 30) allocated for education just in KP.
6.7 billion out of a budget of 303 billion is 2.21%. now 236 billion out of budget of 1118 billion is 21.1%. KP saw its education budget increasing from 2.2% in 2012 to 21.1% in 2021.
We can only spend that much on education, you can not allocate 50% of budget to education only. PTI led KP government increased budget too much in initial years but was unable to spend it all because the education sector was unable to absorb all that spending. Now it can. KP also spend 14% of its budget on health (142 billion + 23 billion for Sehat card) . So 35% of our budget is already going to health and education. You can only spare that much for it. Increase further and you risk ignoring other important sectors like development.
Though I would like to see KP increase higher education allocation from 30 billion to atleast 50 billion as many universities of KP are facing financial crunches and could not even pay salaries.
PESHAWAR: The ANP led coalition government of Khyber Pakhtunkhwa Friday presented its fifth budget with a total outlay of Rs303 billion for the year 2012-13 showing an increase of 22 percent over the outgoing fiscal which also envisages record...
www.geo.tv