Pakistan Budget 2023-24 At A Glance

Pakistan Budget 2023-24 At A Glance

Islamabad, June 9, 2023: Finance Minister Ishaq Dar on Friday presented Pakistan Budget 2022-23 on the floor of the house.

Following budget at a glance presenting position of overall resources and expenditure for the FY 2023-24.

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Resources:

Tax Revenue (FBR) – Federal Consolidated Fund >>> Rs9,200 billion

Non-Tax Revenue >>> Rs2,963 billion

Gross Revenue Receipts >>> Rs12,163 billion

Less Provincial Share >>> Rs5,276 billion

Net revenue Receipts (a-b) >>> Rs6,887 billion

Non Bank Borrowing (NSSs & Others) – Public Account >>> Rs1,906 billion

Net External Receipts –  Federal Consolidated Fund >>> Rs2,527 billion

Bank Borrowing (T-Bills, PIBs, Sukuk) Federal consolidated Fund >>> Rs3,124 billion

Privatization Proceeds – Federal Consolidated Fund >>> Rs15 billion

Total (II + III + IV + V) >>> Rs7,572

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TOTAL RESOURCES (I to V) >>> Rs14,460 billion

EXPENDITURE

A. Current >>> Rs13,320 billion

Interest Payments >>> Rs7,303 billion

Pension >>> Rs761 billion

Defence Affairs & Services >>> Rs1,804 billion

Grants and Transfers to Provinces and others >>> Rs1,464 billion

Subsidies >>> Rs1,074

Running of Civil Government >>> Rs714 billion

Provision for Emergency and others >>> Rs200 billion

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B. Development & Net Lending >>> Rs1,140

Federal PSDP >>> Rs950 billion

Net Lending >>> Rs190 billion

TOTAL EXPENDITURE (A+B) >>> Rs14,460 billion

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