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.
READ MORE: Finance Bill 2023 – Customs Duty Salient Feature
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
READ MORE: Finance Bill 2023 – Sales Tax Salient Features
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
READ MORE: Finance Bill 2023 – Income Tax Salient Features
B. Development & Net Lending >>> Rs1,140
Federal PSDP >>> Rs950 billion
Net Lending >>> Rs190 billion
TOTAL EXPENDITURE (A+B) >>> Rs14,460 billion
READ MORE: Pakistan Budget 2023-24: Government Allocates Rs100 Billion for Water Sector