Advertisement
Categories: BusinessNews

KMC Budget Approved Without New Taxes

Advertisement

The annual budget of the Karachi Metropolitan Corporation (KMC) was approved after securing a majority vote in a recent city council meeting.

During his address at the meeting, Karachi Mayor Murtaza Wahab emphasized that no new taxes have been imposed in this budget, highlighting a commitment to maintaining financial stability without further burdening citizens.

Ahead of the meeting, Mayor Wahab sought detailed insights from the finance department immediately after Eid. He proactively engaged with various stakeholders, including opposition leaders, to ensure a collaborative approach.

Last Friday, he formally invited the opposition leader through a letter, reaffirming that no new taxes would be introduced in the upcoming budget.

Mayor Wahab underscored his inclusive approach by stating that he had not proposed any schemes for his union council, showcasing his impartiality. He highlighted the constructive yet critical stance taken by the opposition, emphasizing that his administration focuses on addressing issues rather than engaging in politics over personalities.

In discussions with the opposition leader, Mayor Wahab expressed his desire for a harmonious session. He proposed that the Monday meeting should provide ample time for both his address and the opposition’s input on the budget, ensuring a balanced and thorough deliberation.

Advertisement
Zubair Yaqoob

Zubair Yaqoob is a senior anchor, and an investigative journalist with an impressive 37 years of experience. Zubair's journalistic journey has been marked by a relentless pursuit of truth and a commitment to delivering impactful stories. Zubair's expertise extends beyond borders, reaching as far as Malaysia, where he has left an indelible mark on the international journalism landscape. His global perspective and keen analytical skills have allowed him to navigate diverse cultural landscapes, bringing a unique and enriching perspective to his reporting. Whether he's in the studio or on the field, Zubair continues to be a driving force in the world of journalism, bridging gaps, fostering understanding, and unraveling the stories that matter most. As the Headline PK Author, Zubair remains at the forefront of news, guiding audiences through the complexities of our ever-evolving world.

Recent Posts

Fatima Fertilizer’s Sarsabz Tabeer launches healthcare initiative in collaboration with MASH and the Government of Punjab

As part of its ongoing commitment to empower rural women and female farmers, Fatima Fertilizer,…

3 days ago

Payoneer Hosted “Game Leaders Connect 2025” to Power Global Growth for Pakistan’s Gaming Industry

Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, hosted Payoneer’s…

3 days ago

foodpanda launches Pakistan’s first multi-brand dining destination, ‘The Commune’

foodpanda, Pakistan’s leading online delivery platform, has announced the grand opening of "The Commune by…

3 days ago

Why Did Temu & AliExpress Prices Suddenly Increase in Pakistan?

Pakistani shoppers were left shocked this week as prices on popular e-commerce platforms Temu and…

3 days ago

Petrol, Diesel Prices May Surge by Up to Rs15/Litre

The government is preparing to impose another steep increase in petroleum prices, dealing a fresh…

4 days ago

Sindh Bank selects PTCL to enhance Bank’s Digital Connectivity Infrastructure

Pakistan Telecommunication Company Limited (PTCL) and Sindh Bank have signed an agreement for deployment of…

4 days ago