Latest news with #Rs55.137


Express Tribune
07-07-2025
- Business
- Express Tribune
All graveyards in Karachi to be registered: Mayor Wahab
A man reads a prayer on a phone as he sits at Sakhi Hassan Graveyard, which is filled with plants seeded by relatives of the dead, in Karachi, July 12, 2022. REUTERS Karachi Mayor Murtaza Wahab has announced that all cemeteries across the city will be registered. Currently, 38 graveyards are managed by Karachi Metropolitan Corporation (KMC), but the city has over 200 burial grounds. He announced that the official rate for a grave within KMC-administered cemeteries is set at Rs14,300. The mayor also issued a warning to gravediggers and caretakers charging unauthorised fees, calling for strict action against violators. Read: KMC ends charged parking at 32 roads In January, the KMC began displaying banners at registered cemeteries to show the fixed burial rate of Rs14,300, following directives by Mayor Murtaza. Cemeteries Director Sarwar Alam had at the time warned staff against overcharging and stressed that no unregistered workers would be allowed inside graveyards. Mayor Murtaza last month unveiled the KMC Rs55.137 billion budget for the 2025–26 fiscal year. Over Rs5.3 billion has been earmarked for municipal operations, with more than Rs2.1 billion set aside for departments such as land management, katchi abadis, estate, and charged parking.


Express Tribune
24-06-2025
- Business
- Express Tribune
KMC unveils Rs55b surplus budget
Mayor Karachi Barrister Murtaza Wahab has unveiled the Karachi Metropolitan Corporation's (KMC) budget for the fiscal year 2025-26, amounting to approximately Rs55.137 billion in expenditures. The total revenue is estimated at about Rs55.284 billion, projecting a modest surplus of Rs146.272 million. Revenue sources include over Rs44.150 billion in current receipts, Rs2.134 billion from capital receipts, and Rs9 billion under the District Annual Development Programme (ADP). Key expenses feature Rs31.591 billion for establishment costs, Rs3.048 billion for contingencies, and Rs3.013 billion allocated to development projects. Significant investments are also earmarked for World Bank-funded CLICK projects and District ADP-related works, both allocated Rs7.434 billion and Rs9 billion respectively. Major allocations in the budget include Rs13.410 billion for pensions and miscellaneous spending, Rs7.299 billion for health services, Rs5.305 billion for municipal services, and Rs4.375 billion for engineering. Various departments including land, estate, katchi abadis, and charged parking collectively receive over Rs2.101 billion, while parks and horticulture get Rs1.773 billion. Cultural and recreational activities are backed by Rs1.284 billion, and sectors such as IT, legal affairs, and investment promotion also receive support. Revenue projections anticipate Rs28.543 billion from government grants and Rs850 million in recoveries from K-Electric dues. Additional income is expected from multiple departments, with notable contributions from Municipal Utility Charges and Taxes (MUCT) and Advertisement at over Rs3.050 billion, the Land Lease Department with Rs2.549 billion, and the Finance & Accounts section generating Rs771.570 million. Development initiatives focus heavily on urban infrastructure, including Rs7.434 billion for CLICK development, Rs4.633 billion for district ADP schemes, Rs464.480 million for parks, and Rs257.990 million for municipal projects. Moreover, projects such as roadworks, stormwater drain cleaning, and hospital equipment upgrades are part of the spending plan. Special initiatives include Rs500 million in MUCT-funded projects, solarization of KMC buildings, urban forestation, shelter homes for addicts, and park developments, each ranging between Rs50 million and Rs295.2 million. The budget reflects a balanced approach to urban development, infrastructure upgrades, and essential public services while maintaining fiscal discipline.