ISLAMABAD: The federal government on Friday presented a proposed budget of Rs. 14.460 trillion for the fiscal year 2023-24.
Following is the breakup of resources and expenditure for federal budget 2023-24:-
TOTAL RESOURCES (I to V): Rs. In Billion: 14,460
(FBR) – Federal
Consolidated Fund: 9,200
Non-Tax Revenue: 2,963
a) Gross Revenue Receipts: 12,163
b) Less Provincial Share: 5,276
I.Net Revenue Receipts (a-b): 6,887
II. Non-Bank Borrowing (NSSs & Others) – Public Account: 1,906
III. Net External Receipts – Fed. Consolidated Fund: 2,527
VI. Bank Borrowing (T-Bills, PIBs, Sukuk) – Fed. Consolidated Fund: 3,124
V. Privatization Proceeds – Fed. Consolidated Fund: 15
Total (II+III+IV+V): 7,572
TOTAL EXPENDITURE (A+B) Rs. In Billion: 14,460
A. Current: 13,320
Interest Payments: 7,303
Pension: 761
Defence Affairs & Services: 1,804
Grants and Transfers to Provinces & Others: 1,464
Subsidies: 1,074
Running of Civil Govt: 714
Provision for Emergency and others : 200
B. Development: 1,140
Federal PSDP: 950
Net Lending: 190
