Budget 2008-2009

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Budget 2008-2009
Topic Started: Jun 12 2008, 09:07 PM (82 Views)
waqarabro	Jun 12 2008, 09:07 PM Post #1
Swash-buckling Posts: 337 Group: Members Member #553 Joined: October 21, 2007	Rs 2300 bln budget for 2008-09 announced June 11, 2008 ISLAMABAD: Finance Minister Naveed Qamar unveiled the federal budget for year 2008-09 with a total outlay of 2300 billion rupees in the parliament, which is 29.7 percent higher than the budget of the outgoing financial year. According to the budget document, the expenditure of 2.01 trillion has been estimated. The government targeted to generate net tax revenues of 1.25 trillion rupees through Federal Board of Revenue, showing an increase of 23.1 percent over this fiscal year. Total resources available for the expenditure will be 1.84 trillion rupees against 1394 billion available in the outgoing financial year. The budget deficit likely to remain at 4.7 percent of the GDP or 582 billion rupees. The federal government has allocated 549 billion rupees for the Public sector development programme. The federal government will do 149 billion of bank borrowing coupled with the non-tax revenue receipts of 427.8 billion rupees, during the year. The government will receive net capital receipts of 221.3 billion rupees as well. A total of 929.5 billion rupees will be spent on the general Public service. In the budget 296.1 billion rupees have been provided for defence needs showing an increase of 7.6 percent. Another 201.2 billion rupees have been made available for economic affairs. For public order and safety affairs 26.8 billion have been provided. For education 24.6 billion rupees have been allocated. 5.5 billion rupees have been allocated for education sector in the country. The country will spend 4.8 billion rupees on social protection and 1.4 billion rupees on housing and community projects. Allocation of funds A meager 0 .2 billion rupees have been allocated for the environment protection. Under following link you can view official budget for the year 2008-09 : http://www.finance.gov.pk/finance_federal_budjet.aspx
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Bilal Ghumro	Jun 12 2008, 09:30 PM Post #2
~!~LoVe W!LL FiND AW@Y~!~ Posts: 2,537 Group: Members Member #747 Joined: January 11, 2008	Nice Information bro Waqar bro whr u been ? no c long time ?



sahil	Jun 13 2008, 02:56 PM Post #3
Advanced Member Posts: 989 Group: Members Member #78 Joined: February 3, 2007	wow nice thanks for sharing
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Kabeer	Jun 15 2008, 09:54 AM Post #4
Kabeer Jan Posts: 4,286 Group: Admin Member #8 Joined: October 9, 2006	thanks abro brother for sharing
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babar_jamali	Jun 15 2008, 05:50 PM Post #5
Babar Jamali Posts: 344 Group: Members Member #384 Joined: July 17, 2007


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