Rs63.95bn KMC budget focuses on development projects (opens in new tab)

KARACHI: Karachi Mayor Murtaza Wahab on Sunday presented Rs63.95 billion annual budget of the Karachi Metropolitan Corporation for the fiscal year 2026-27in a packed to capacity Council Hall at the KMC Head Office. In his speech, the mayor said that the budget was centered on development projects, municipal services and improving urban infrastructure. KMC has projected current receipts at Rs42.50 billion, while capital receipts are estimated at Rs21.45 billion, the total expected receipts bei...