Peshawar: The World Bank (WB) has granted exceptional approval to extend and restructure the USD 118 million Khyber Pakhtunkhwa Revenue Mobilisation and Public Resource Management Programme (KPRMP). This information is sourced from an article on January 7.
According to the details, this decision aims to improve programme outcomes and ensure the completion of its components, despite its current moderately unsatisfactory performance rating. The five-year programme includes a USD 100 million results-based component linked to measurable targets and a USD 18 million Investment Project Financing (IPF) component to support technical assistance, capacity building, and e-government initiatives.
The restructuring extends the programme’s timeline to June 30, 2026, revises indicators and methodologies to align with updated frameworks, and redefines operational structures to enhance execution.
Notable progress has been made, including an increase in KP’s tax revenue from PKR 14.3 billion in FY2019 to PKR 56 billion in FY2024, exceeding the programme target. This growth is largely driven by improvements in the general sales tax on services (GSTS), with a significant rise in registered taxpayers and compliance rates.
Urban Immoveable Property Tax (UIPT) records in key districts have been digitized and linked to advanced systems, expanding the tax base and enabling higher collections.
Public investment management has also improved, with a greater share of Annual Development Programme funds directed toward capital investments and a reduction in allocations to unapproved projects. Additionally, over 120 Tehsil Municipal Authorities are now using centralised financial systems to streamline operations.
With USD 94.82 million disbursed so far, the restructuring and extension are expected to address remaining challenges, including delays caused by the COVID-19 pandemic, and enhance programme efficiency.
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