Khyber Pakhtunkhwa Revenue Mobilization and Public Resource Management

The development objective of the Khyber Pakhtunkhwa (KP) Revenue Mobilization and Public Resource Management Project for Pakistan is to increase the collection of KP’s own source revenues (OSR) and improve the management of public Resources. The Government of KP (GoKP’s) public financial management reform strategy (PFMRS) covers the whole PFM cycle at the provincial and local government (LG) levels. The strategy is organized around six objectives: (a) ensuring policy-driven planning and budgeting; (b) facilitating a comprehensive, credible, and transparent annual budget; (c) improving predictability and control in budget execution; (d) enabling resource mobilization and enhancing provincial OSR; (e) improving asset and liability management; and (f) fostering accountability for results. The program is divided into two parts: part one, program-for-results and part two, investment project financing.