THE KP budget does not read like a document of a province getting its fiscal house in order. Revenue is projected at Rs2.12tr against spending estimates of Rs2.17tr, leaving a hole of Rs50bn. Chief Minister Sohail Afridi, who presented the budget before the provincial assembly on Friday, pledged that the province would not borrow to plug this gap and promised to fill it from KP’s own resources. That sounded like a chief executive who believes in fiscal discipline and stability. However, headline........

© Dawn