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Punjab approves budget worth Rs2.653 Trillion ($17.1b)

hydrabadi_arab

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Geo News obtained a copy of the budget speech of the Finance Minister of Punjab. The budget of Punjab is Rs. 2653 billion. The budget for the next financial year is 18% more than last year.

According to the budget document, a target of Rs 405 billion has been set for revenue, current expenditure in the budget has been estimated at Rs 1428 billion, and Rs 560 billion has been set aside for development programs.

According to the document, a 66 per cent increase has been proposed in the development budget, with Rs 205.50 billion allocated for education and health.

According to the document, the budget for health and education has been increased by 110 per cent, with Rs 145.87 billion for infrastructure and Rs 741.41 billion for special programs.

According to the budget document, the amount of Rs 57.90 billion allocated for agriculture, tourism and forestry is 234 percent more than last year.

According to the document, Rs 12 billion has been set aside for 5 mother child hospitals, while a total of Rs 369 billion has been set aside for health.

According to the document, 577 schools in 22 districts are being given the status of middle and high schools. Rs 6.80 billion has been earmarked for upgrading schools, which will benefit 4 million students, while Rs 1.80 billion for 8 new universities. Rs.

Rs.834 million has been earmarked for Rehmat-ul-Alamin Scholarship, the total budget for education has been earmarked at Rs.442 billion, which is 13% more than last year.

Rs 96 billion has been earmarked for development expenditure, while Rs 388 billion has been earmarked for ongoing expenditure, Rs 189 billion has been earmarked for South Punjab and Rs 1 billion has been earmarked for development of Cholistani areas. ۔


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FuturePAF

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Development budget is making up for lost time. Hope any borrowing done to support it is at the lowest interest rate possible.

P.S. what is happening with forming South Punjab as promised by PTI. It’s the most equitable way to spread the development to the region and manage it.
 

hydrabadi_arab

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Development budget is making up for lost time. Hope any borrowing done to support it is at the lowest interest rate possible.

P.S. what is happening with forming South Punjab as promised by PTI. It’s the most equitable way to spread the development to the region and manage it.
Not just development budget but look at PPP projects. Now Pakistan is building motorways with help of private sector.

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Out of total Federal Budget of $55 billion, Punjab gets only $17 billion when half of the population (over 100 million) lives in Punjab?

What are the figures of other provinces for comparison?
 

hydrabadi_arab

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Out of total Federal Budget of $55 billion, Punjab gets only $17 billion when half of the population (over 100 million) lives in Punjab?

What are the figures of other provinces for comparison?
That is federal budget which is separate thing.

Punjab get 1640b from federal, rest is province own revenue. Federal will give 3400b to provinces, of that punjab get 52%.
 

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