Explanation

The Pakistan Budget 2024-25  is Rs18. 877 trillion.

The 2024–25 Pakistan Federal Budget is a financial statement from 1 July 2024 to 30 June 2025.

On 12 June 2024, Finance Minister Muhammad Aurangzeb presented the federal budget

Additional information 

A public-friendly Provincial Budget for the fiscal year 2023-24 worth 4480 billion 700 Million Rupees

Explanation

Know about Federal Budget 2024-25

Total outlay: Rs18.877 trillion

FBR Tax revenue target: Rs13 trillion

GDP growth target: 3.6 percent

Defence: Rs. 2.122 trillion

Salaries of BPS-1 to BPS-16 employees increased: 25 percent

Salaries of BPS-17 & above: 22 percent

Trade deficit: $25.3 billion

Exports estimation: $32.7 billion

Civil administration expenditures: Rs839 billion

Pensions: Rs1.014 trillion

Electricity/gas subsidy: Rs1.363 trillion

Energy sector: Rs253 billion

Water resources: Rs206 billion

IT sector: Rs79 billion

Minimum wages in the private sector: Rs36,000 per month

Funds for Benazir Income Support Programme: Rs593 billion

Inflation expectation: 12%

Presented by: Muhammad Aurangzeb (Finance Minister)

Date: 12 June 2024

****

Explanation

Know about Federal Budget 2024-25

Total outlay: Rs18.877 trillion

FBR Tax revenue target: Rs13 trillion

GDP growth target: 3.6 percent

Defence: Rs. 2.122 trillion

Salaries of BPS-1 to BPS-16 employees increased: 25 percent

Salaries of BPS-17 & above: 22 percent

Trade deficit: $25.3 billion

Exports estimation: $32.7 billion

Civil administration expenditures: Rs839 billion

Pensions: Rs1.014 trillion

Electricity/gas subsidy: Rs1.363 trillion

Energy sector: Rs253 billion

Water resources: Rs206 billion

IT sector: Rs79 billion

Minimum wages in the private sector: Rs36,000 per month

Funds for Benazir Income Support Programme: Rs593 billion

Inflation expectation: 12%

Presented by: Muhammad Aurangzeb (Finance Minister)

Date: 12 June 2024

****

Explanation

Know about Federal Budget 2024-25

Total outlay: Rs18.877 trillion

FBR Tax revenue target: Rs13 trillion

GDP growth target: 3.6 percent

Defence: Rs. 2.122 trillion

Salaries of BPS-1 to BPS-16 employees increased: 25 percent

Salaries of BPS-17 & above: 22 percent

Trade deficit: $25.3 billion

Exports estimation: $32.7 billion

Civil administration expenditures: Rs839 billion

Pensions: Rs1.014 trillion

Electricity/gas subsidy: Rs1.363 trillion

Energy sector: Rs253 billion

Water resources: Rs206 billion

IT sector: Rs79 billion

Minimum wages in the private sector: Rs36,000 per month

Funds for Benazir Income Support Programme: Rs593 billion

Inflation expectation: 12%

Presented by: Muhammad Aurangzeb (Finance Minister)

Date: 12 June 2024

****

Explanation

Gilgit-Baltistan Fiscal Year 2024-25 budget

Total outlay: Rs140.17 billion

Non-development expenditures: Rs86.6 billion

Development projects: Rs34.60 billion  

Wheat subsidies:  Rs19.70 billion

Salary increase for grades 1 to 16: 25 per cent

Salary increase from grades 17 & above: 20 percent

Presented by: Finance Minister Engineer Muhammad Ismail

Presented on 24 June 2024

***