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