Budget 2008 Pakistan

Here are the main points of Pakistan Federal Budget 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.

Please give your comments about Federal Budget 2008 Pakistan.

_________________
Salam Pakistan,

Pak People
Love Pakistan, Love PTV, Love Lollywood, Love Pakistani dramas, films, radio, music and songs, Love Pakistani Products

aatey main namak....

We have to wait and see the details

No comments at this time!!!!

Hiya
guys v need 2 give some time 2 dis Govt and hope 4da best may God bless our soil, long live Pakistan

Last edited by brave93 on Fri Jun 13, 2008 1:19 am; edited 1 time in total

salient features of the federal budget 2008-2009 mentioned in budget documents and released by the Finance Ministry.

a) The total budget of 2008-09 is Rs 2010 billion which is 29.7 percent higher than the size of budget estimated in 2007-08.
b) The resources during 2008-09 are estimated at Rs 1836 billion against Rs 1394 billion in the budget estimates of 2007-08.

c) Net revenue receipts for 2008-09 are estimated at Rs 1111 billion an increase of 23.1 percent over the budget estimates of 2007-08.

d) The provincial share in federal revenue receipts is estimated at Rs 568 billion during 2008-09 which is 22 percent higher than the budget estimates for 2007-08.

e) The capital receipts (net) for 2008-09 have been estimated at Rs 221 billion against the budget estimates of Rs 59 billion in 2007-08.

f) The external receipts in 2008-09 are estimated at Rs 200 billion. This shows an increase of 16.1 percent over the budget estimates for 2007-08.

g) The overall expenditure during 2008-09 has been estimated at Rs 2010 billion of which the current expenditure is Rs 1493 billion and Public Sector Development Programme (PSDP) at Rs 550 billion. Current expenditure shows a decrease of 1.5 percent over the revised estimates of 2007-08, while PSDP will increase by 20 percent in 2008-09 over the revised estimates of 2007-08.

h) The share of current expenditure in total budgetary outlay for 2008-09 is 74.3 percent as compared to 77.8 percent in revised estimates for 2007-08.

i) The expenditure on General Public Services (inclusive of debt servicing transfer payments and superannuation allowance) is estimated at Rs 930 billion which is 62.3 percent of the current expenditure.

j) The size of Public Sector Development Programme for 2008-09 is Rs 550 billion. While for Other Development Expenditure an amount of Rs 44 billion has been allocated. The PSDP shows an increase of 20 percent over the revised estimates 2007-08.

k) The provinces have been allocated an amount of Rs. 150 billion for budget estimates 2008-09 in their PSDP.

l) An amount of Rs 27 billion has been allocated to Earthquake Reconstruction and Rehabilitation Authority (ERRA) in the PSDP 2008-09.

	brave93 wrote:
	Hiya guys v need 2 give some time 2 dis Govt and hope 4da best may God bless our soil, long live Pakistan

wud u plz tell us how much more time we shud give them ? mar rahay hain log yahan bhook see ,garmi say , berozgari say

and our politicians are going for UMRA's (kis ke paison per)
kuch to khuda ka khauf karein ....awam ke paison per chartered planes le ker Umra kartay hain

ALLAH hum sab ko hidayat de

_________________
The Pakistani Ultimate Media

thx brave 93 for sharing these salient features.... i was really searching a short summary of the budget thanks Smile

_________________
The Pakistani Ultimate Media

	xclusive wrote:
	wud u plz tell us how much more time we shud give them ? mar rahay hain log yahan bhook see ,garmi say , berozgari say and our politicians are going for UMRA's (kis ke paison per) kuch to khuda ka khauf karein ....awam ke paison per chartered planes le ker Umra kartay hain ALLAH hum sab ko hidayat de

exactly .... and they think that they r earning good deeds and sawab. kisi ka haq mar kar ye hajj bhi kar len they never even can see the Heaven ...

n e ways .. i never took any interest about wat budget come up with new bluffings. although i heard on geo that they have made some good points.. but its just like attay main namak like said in earlier post.
heartly prayers for pakistan
and dua of "hidayat" for all politicians as it is the most precious thing for all of us.

still waiting for details.

All the time it is just a figure shuffling, otherwise nothing is for poors peoples.

who do you think will benifit from this budget..?

PPP Govt. admitted that there is no releif for poor person in this budget.

Exploitation of poor masses as ussual!!.A meagre increase in salaries whereas the hike of prices are 300%.We should force & expect from the socalled polititions they should theirselves in this situation not get salaries & millions worth other facilities.Also no plundering,lotering & embazlement of nation wealth.In the meantime we should also emphasise on recovering the nation stollen money from all these big Chors in reality not like NAB on papers.

People are suffering from PPP double standards when they are not in power promisses to the poors that they will do every thing to chagr their living standard.They do change standard of the poor to the worst & the politichange their living standard to the best.But it is our own stupidity as a nation always to give chances again & again to those already proved Chors in all senses.

is budget a good one?

A balanced budget under tough circumstances

hello .. kasay ha sab. maray khayal say yeh badget bi bagi baget jasa ha. sirf gariboo ki moot. yani garib to badget ka name sonnay hi asa samajta ha k jasay koi daku ya chor a gaya ha. itna kharab itna kharab k pocho mat. sirf baray logo ki bachat or gharibo ka badget.

A poor friendly budget is presented with lot of facilities for the people under poverty line.

can someone provide a list of mega projects, that the government is planning to start this fiscal year, like motorway or dam or university of something else

reply is good

Best Regards,

Rai Riaz Ahmad
Engineer
Optical Fiber System,
PTCL,
Qila Sheikhupura
Off: 056-3785176
Mob: 0344-8947278
E-mail:rairiazahmad@gmail.com

i am feeling sleepy sleepy after this budget ......good night

nice cartoon

no comments