PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur has announced that the provincial government will not impose any new taxes this fiscal year. Speaking on the province’s financial discipline, Gandapur emphasized that Khyber Pakhtunkhwa has not taken any new loans but allocated Rs150 billion for loan repayments, ensuring responsible debt management.
The CM highlighted the ongoing development projects, including the Peshawar-Dera Ismail Khan Motorway, aimed at improving regional connectivity. Additionally, the government plans to expand interest-free loan schemes for youth to encourage financial self-reliance.
In a major initiative to support small businesses, the Khyber Pakhtunkhwa government has launched a long-term, interest-free microfinance scheme for entrepreneurs, with a focus on the merged districts. The scheme, which has already benefitted over 66,000 individuals, provides loans ranging from Rs25,000 to Rs75,000 with flexible repayment terms.
Gandapur also declared an “education emergency” in the province, underscoring his administration’s commitment to improving educational standards as part of its long-term development agenda.
