Mayor Karachi unveils surplus budget (opens in new tab)

KARACHI: The Karachi Metropolitan Corporation (KMC) on Sunday unveiled a surplus budget of Rs60,451.430 million for the fiscal year 2026-27. The new fiscal blueprint is focused heavily on structural digitalization, aggressive solarization, and a fundamental transition toward self-sustaining capital markets. In his budget speech at the KMC’s Council Hall, Karachi Mayor Murtaza Wahab said that it was a great honor for him to present the third consecutive budget of the country’s biggest metropol...