The Khyber Pakhtunkhwa Finance Department has issued comprehensive austerity measures and budget execution guidelines for fiscal year 2026-27, approved by the provincial cabinet. Directives include prohibiting new posts, unessential vehicle purchases, and overseas events on provincial funds, aiming to curb expenditure and improve revenue generation. These steps are intended to strengthen fiscal discipline and ensure prudent resource utilization. Such provincial fiscal tightening could contribute to overall economic stability, potentially influencing the Pakistani Rupee's outlook and local gold prices.
بحوالہ / Source: www.brecorder.com