POST BUDGET

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI,
Research Analyst
, PAGE
June 22 - 28, 2009

BUDGET AT A GLANCE 2008- 09

(Rs in Billion)

RECEIPTS

EXPENDITURE

( a ) Tax Revenue*

1251.5

(A) CURRENT

1493.2

( b ) Non-Tax Revenue

427.8

General Public Service

929.5

Gross Revenue Receipts

1679.2

Defence Affairs & Services

296.1

Less Provincial Share

568.3

Public Order Safety Affairs

26.8

I. Net Revenue Receipts

1110.9

Economic Affairs

201.2

II. Net Capital Receipts

221.3

Environment Protection

0.2

III. External Receipts

300.2

Housing and Community

1.4

IV. Self Financing of PSDP by Provinces

124.4

Health Affairs and Services

5.5

V. Change in Provincial Cash Balance

.

Recreational, Culture Services

3.2

78.9

Education Affairs Service

24.6

VI. Privatization Proceeds

25.1

Social Protection

4.8

.

.

(B) DEVELOPMENT

516.6

.

.

PSDP

549.7

VII. Bank Borrowing

149

Federal Government

399.7

.

.

Provincial Government

150

.

Est. Operational Shortfall

-77

.

Other Dev. Expenditure

43.9

TOTAL RESOURCES

2009.8

TOTAL EXPENDITURE

2009.8

( I to VII)

.

( A + B )

 .

* Out of which FBR collection has been estimated at Rs 1250 billion.

BUDGET AT A GLANCE 2009-10

(Rupees in billion)

RECEIPTS

EXPENDITURE

(a) Tax Revenue*

1513.1

(A) CURRENT

1699.2

(b) Non-Tax Revenue

513.6

General Public Service

1189.1

Gross Revenue Receipts

2026.7

Defence Affairs & Services

342.9

Less Provincial Share

655.2

Public Order Safety Affairs

34.6

I. Net Revenue Receipts

1371.5

Economic Affairs

84.9

II. Net Capital Receipts

190.5

Environment Protection

0.4

III. External Receipts

510.4

Housing and Community

1.5

IV. Self-Financing of PSDP by Provinces

173

Health Affairs and Services

6.5

V. Change in Provincial Cash Balance

72.9

Recreational, Culture Services

3.7

.

.

Education Affairs Service

31.6

VI. Privatisation Proceeds

19.4

Social Protection

3.9

.

.

(B) DEVELOPMENT

783.1

.

.

PSDP

646

VII. Bank Borrowing

144.6

Federal Government

446

.

.

Provincial Government

200

.

.

Est Operational

Shortfall --- 20.0

.

.

Other Dev. Expenditure

157.1

TOTAL RESOURCES

2482.3

TOTAL EXPENDITURE

2482.3

*Out of which CBR collection has been estimated at Rs1378 billion. —APP


CURRENT EXPENDITURE IN PAKISTAN

(Rs in Million)

CLASSIFICATION

BUDGET 2007-08

REVISED 2007-08

BUDGET 2008-09

General Public Service

641875

881657

929522

Defence Affairs and Services

275000

277265

296077

Public Order and Safety Affairs

24540

26106

26770

Economic Affairs

78941

293442

201151

Environment Protection

182

183

210

Housing and Community Amenities

1095

1146

1359

Health Affairs and Services

5240

5287

5490

Recreational,Culture and Religion

2929

3131

3191

Education Affairs and Services

24147

24280

24622

Social Protection

2401

3765

4791

TOTAL:

1056350

1516262

1493183

Source: Ministry of Finance


BUDGET 2007-08 SALIENT FEATURES

The Total outlay of budget 2007-08 was Rs 1549 billion. This was 17.9 % higher than the size of budget estimates 2006-07.

The Current expenditure was estimated at Rs 1056 billion and the development expenditure Rs 543 billion. Current expenditure at this level was higher by Rs 22.8 billion from revised estimates of 2006-07. The development expenditure increased by 31.8% in 2007-08 over the revised estimates of 2006-07.

The Share of current expenditure in total budgetary outlay for 2007-08 was 66% as compared to 72.4 % in revised estimates for 2006-07.

In the current expenditure the General Public Services (inclusive of debt servicing, transfer payments and superannuation allowance) occupied 60.8% of the current expenditure in 2007-08.

The Size of Public Sector Development Programme for 2007-08 was Rs 520 billion. While for other Development Expenditure an amount of Rs.23 billion was allocated. The PSDP shows an increase of 31.8% over the revised estimates 2006-07.

The sources availability during 2007-08 was estimated at Rs 1394 billion against Rs 1100 billion in the budget estimates of 2006-07.

Net Revenue receipts for 2007-08 were estimated at Rs 902 billion indicating an increase of 28% over the budget estimates of 2006-07.

The Capital receipts (net) for 2007-08 were estimated at Rs 59 billion against the budget estimates of Rs 16 billion in 2006-07.

The External receipts in 2007-08 were placed at Rs 259 billion indicating an increase of 8 % over the budget estimates for 2006-07.

The Provincial share in federal revenue receipts was estimated at Rs 466 billion during 2007-08 which was 23.2 % higher than the budget estimates for 2006-07.

Source: Ministry of Finance