The Karachi Metropolitan Corporation (KMC) on Sunday approved its Rs60 billion finance for the 2026-27 financial year after a stormy Metro Council
An illustrative image related to: KMC clears Rs60b finance amid political firestorm, highlighting key aspects of the story. | Image source: The Express Tribune
KMC clears Rs60b finance amid political firestorm
The Karachi Metropolitan Corporation (KMC) on Sunday approved its Rs60 billion finance for the 2026-27 financial year after a stormy Metro Council assembly session, with Chief Barrister Murtaza Wahab describing it as a roadmap for continued progress while the rivals dismissed it as grossly inadequate for Pakistan's economic hub.
The finance was passed by a majority vote after hours of debate, capping a assembly session marked by sharp exchanges between the ruling Pakistan Peoples Faction (PPP) and rivals members over Karachi's finances, general administration and progress priorities.
Presenting the third finance of his tenure, Wahab stated the financial strategy had been prepared with a focus on general facilities progress, municipal services and employee welfare despite financial and administrative challenges inherited from previous administrations. "We have tried to present a balanced finance according to the metro's needs while keeping general facilities improvement and civic services at the forefront," he informed the council. The chief further stated that faction chairman Bilawal Bhutto Zardari had prioritised Karachi's progress with the goal of turning it into an global metro.
Defending his governing body's performance, Wahab underscored projects completed during the outgoing finance year, including the reconstruction of Shaheed-e-Millat Road, Jinnah Bridge, Khalid Bin Waleed Road and the Azim Pura Flyover, alongside extensive road repairs, sewerage upgrades and pavement works across the metro.
He also announced a series of general administration reforms for the coming year, including GIS mapping of all KMC properties, a fully digital payment system through e-transfers, the introduction of pension cards for retired employees and the issuance of municipal bonds - making KMC the first municipal body in Pakistan to formally approve the financing instrument.
Wahab stated the civic body had also expanded employee welfare by shifting salaries and pensions to the SAP digital system, extending wellbeing insurance to around 11,500 employees and ensuring monthly salaries are paid before the first day of each month for the first time in nearly 25 years.
Source & Editorial Note
Curious Pakistan provides a concise, contextual summary of verified newsroom reports and official statements.
Disclaimer: This article contains an editorial summary of news reported by third-party publishers. Curious Pakistan does not claim original reporting; information is adapted only for clarity, context and readability
Contact Us For More Detail Or any Query
{"@context":"https://schema.org","@type":"NewsArticle","headline":"KMC clears Rs60b finance amid political firestorm","image":["https://images.weserv.nl/?url=i.tribune.com.pk%2Fmedia%2Fimages%2F141782676554-6%2F141782676554-6-640x480.webp&w=1200&h=675&fit=cover&output=webp"],"datePublished":"2026-06-30","dateModified":"2026-06-30","author":[{"@type":"Person","name":"Insight Desk","url":"https://www.curiouspakistan.com/p/author.html?label=Z-AI"}],"publisher":{"@type":"Organization","name":"Curious Pakistan","logo":{"@type":"ImageObject","url":"https://blogger.googleusercontent.com/img/a/AVvXsEgL5seAo-05Wvrnele_PZkLSSiSNLr4ljkDQfTwjQtHnEYu6fDfDqUR5HOnqcWoLe-O6JuW0ZNnc5mVBjQewHUJhKTLtHQ1ouwj3Ge5U_TrTQ0wQj-HnETxIONhcECufKT71ikUZV3-14RLOBldvj8Nu8KR8WQSMwKGdNaaa7FqmWYLC6tmDg8mVD2fqw=s725"}},"description":"The Karachi Metropolitan Corporation (KMC) on Sunday approved its Rs60 billion finance for the 2026-27 financial year after a stormy Metro Council assembly session, with Chief Barrister Murtaza Wahab describing it as a roadmap for continued progress while the rivals dismissed it as grossly","articleBody":"The Karachi Metropolitan Corporation (KMC) on Sunday approved its Rs60 billion finance for the 2026-27 financial year after a stormy Metro Council assembly session, with Chief Barrister Murtaza Wahab describing it as a roadmap for continued progress while the rivals dismissed it as grossly inadequate for Pakistan's economic hub.\\n\\nThe finance was passed by a majority vote after hours of debate, capping a assembly session marked by sharp exchanges between the ruling Pakistan Peoples Faction (PPP) and rivals members over Karachi's finances, general administration and progress priorities.\\n\\nPresenting the third finance of his tenure, Wahab stated the financial strategy had been prepared with a focus on general facilities progress, municipal services and employee welfare despite financial and administrative challenges inherited from previous administrations. "We have tried to present a balanced finance according to the metro's needs while keeping general facilities improvement and civic services at the forefront," he informed the council. The chief further stated that faction chairman Bilawal Bhutto Zardari had prioritised Karachi's progress with the goal of turning it into an global metro.\\n\\nDefending his governing body's performance, Wahab underscored projects completed during the outgoing finance year, including the reconstruction of Shaheed-e-Millat Road, Jinnah Bridge, Khalid Bin Waleed Road and the Azim Pura Flyover, alongside extensive road repairs, sewerage upgrades and pavement works across the metro.\\n\\nHe also announced a series of general administration reforms for the coming year, including GIS mapping of all KMC properties, a fully digital payment system through e-transfers, the introduction of pension cards for retired employees and the issuance of municipal bonds - making KMC the first municipal body in Pakistan to formally approve the financing instrument.\\n\\nWahab stated the civic body had also expanded employee welfare by shifting salaries and pensions to the SAP digital system, extending wellbeing insurance to around 11,500 employees and ensuring monthly salaries are paid before the first day of each month for the first time in nearly 25 years.","articleSection":"Pakistan News","keywords":["Breaking News","Pakistan News"]}
