ISLAMABAD, Jun 12 (APP): The Federal Government on Wednesday presented a budget of Rs 18.877 trillion for the fiscal year 2024-25.
Following is the breakup of resources and expenditures:
Rs. In Billion
TOTAL RESOURCES (I to V): 18,877
Tax Revenue (FBR) – Federal Consolidated Fund: 12,970
Non-Tax Revenue: 4,845
a) Gross Revenue Receipts: 17,815
b) Less Provincial Share: 7,438
I.Net Revenue Receipts (a-b): 10,377
II. Non-Bank Borrowing (NSSs & Others) – Public Account: 2,662
III. Net External Receipts – Fed. Consolidated Fund: 666
VI. Bank Borrowing (T-Bills, PIBs, Sukuk) – Fed. Consolidated Fund: 5,142
V. Privatization Proceeds – Fed. Consolidated Fund: 30
Total (II+III+IV+V): 8,500
TOTAL EXPENDITURE (A+B) Rs. In Billion: 18,877
A. Current: 17,203
Interest Payments: 9,775
Pension: 1,014
Defence Affairs & Services: 2,122
Grants and Transfers to Provinces & Others: 1,777
Subsidies: 1,363
Running of Civil Govt: 839
Provision for Emergency and others : 313
B. Development: 1,674
Federal PSDP: 1,400
Net Lending: 274