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Budget 2021

Budget 2021-22

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Tarin announces adjusted revenue measures in final NA session

ISLAMABAD: Finance Minister Shaukat Tarin has defended the “budget of hope” presented for the FY21-22 and also announced adjusted revenue measures and spending plans in concluding National Assembly (NA) session. Responding to the recommendations made by the senators and Opposition,

Balochistan govt presents annual budget with total outlay of Rs584B

QUETTA: The Balochistan government on Friday unveiled its budget worth Rs584 billion for the fiscal year 2021-22 with a total development outlay of Rs237 billion without imposing a new tax. The budget session in the Balochistan Assembly commenced at least

KP presents annual budget 2021-22, announces 37pc increase in salaries

PESHAWAR: Khyber Pakthunkhwa (KP) government today (Friday) presented Rs1,118.3 billion balanced budget for financial year 2021-22, having a record allocation of Rs 371 billion for annual development program (ADP). Speaking on the provincial assembly floor, KP Finance Minister Taimur Khan

Murad Ali Shah presents budget 2021-22 with total outlay of Rs1.477 trillion

KARACHI: Chief Minister Sindh, Murad Ali Shah, who also holds the portfolio for provincial finance minister, has presented the provincial budget for the next financial year 2021-22 at the Sindh Assembly. The total outlay of the budget for the province

Sindh to present annual budget for FY 2021-22 today

KARACHI: The Sindh government will present its budget for the fiscal year 2021-22 with an outlay of over Rs 1.3 trillion in the provincial assembly today on Tuesday. The Provincial Assembly of Sindh’s budget-2021-22 session has been summoned to meet

Punjab govt presents annual budget with total outlay of Rs2.6 trilion

LAHORE: Provincial Minister for Finance Hashim Jawan Bakht on Monday presented the Punjab Budget 2021-22 in the provincial assembly with a total outlay of Rs2.653 trillion. Speaking on the provincial Assembly floor, the minister said the budget of Punjab would

Punjab to present annual budget for fiscal year 2021-22 today

LAHORE: Punjab budget for the next fiscal year 2021-22 will be being presented in the provincial assembly in Lahore today on Monday. The 33rd session of the 17th Punjab Assembly is scheduled to be held at the newly-built assembly chamber at 2PM. Speaker Punjab Assembly Chaudhry Pervaiz Elahi is

Govt announces federal budget with total outlay of Rs8,487 billion

ISLAMABAD: Finance Minister Shaukat Tarin has presented the federal budget for the fiscal year 2021-22 in a special session of the National Assembly on Friday. The total size of the budget or the total expenditure budget for the next year

Budget 2021-22: Rs1.37 trillion allocated for defence, increases by 6.2%

ISLAMABAD: The federal government has allocated Rs1.37 trillion for defence services in the budget for the fiscal year 2021-22, showing an increase of 6.2 percent. The proposed increase in the defence budget is less than recent years except for FY

Govt allocates Rs21.72 billion for health sector projects

ISLAMABAD: The government has allocated an amount of Rs 21.72 billion for 20 ongoing and 26 new projects in the health sector under Public Sector Development Programme 2021-22. According to the budget document, an amount of Rs 13.07 billion has

Budget 2021-22: Govt announces 10% increase in salaries, pensions

ISLAMABAD: The ruling Pakistan Tehreek-e-Insaaf (PTI) has announced the addition of an ad-hoc relief of 10 percent in the salaries and pensions of federal government employees. Announcing the budget on the National Assembly (NA) floor today (Friday), Finance Minister Shaukat

Around Rs8 trillion federal budget to be presented today

ISLAMABAD: Pakistan Tehreek-e-Insaf government will present its third budget for the fiscal year 2021-22, with an estimated outlay of around Rs8 trillion. The National Assembly is already in session where the budget for the fiscal year 2021-22 would be presented

Livestock contributed 11.5 % to GDP during FY2020-21

ISLAMABAD: The livestock sector has contributed 60.1 percent to the agriculture value addition and 11.5 percent to the GDP during fiscal year 2020-21 and has emerged as the largest subsector in agriculture. According to Economic Survey of fiscal year 2020-21,

Agriculture credit disbursement witness 4.6% growth

ISLAMABAD: Agriculture credit disbursement remained encouraging during the fiscal year July-March 2020-21 despite the global pandemic. According to the Economic Survey of Pakistan, agriculture lending institutions disbursed Rs 953.7 billion, which is higher than 4.6 percent as compared the disbursement

Petroleum consumption increases by 17.6% in fiscal year

ISLAMABAD: The country’s consumption of petroleum products has increased from 12.5 million ton (MT) to 14.7 MT during first nine months (July-March) of the current fiscal year, posting a growth of around 17.6 percent. According to the Economic Survey 2020-21

Exports increase 13.6% to reach $20.9bn in FY2020-21

ISLAMABAD: The exports from the country during July-April 2020-21 had reached $20.9 billion compared to $ 18.4 billion during the same period last year, showing an impressive growth of 13.6 percent. The country’s exports shown a growth of 13.6 percent

Finance Minister to present National Economic Survey today

ISLAMABAD: Finance Minister Shaukat Tarin will unveil the National Economic Survey 2020-21 on Thursday (today) for the outgoing fiscal year to provide an overview of the national economy, highlighting performance and achievements in different sectors during the fiscal year. In

Budget 2021-22: Rs900 billion allocated for federal development projects

ISLAMABAD: The Senate Standing Committee on Planning, Development and Special Initiatives was informed that Rs 900 billion have been allocated for federal development projects in the upcoming Budget 2021-22. The committee notified Rs 900 billion have been allocated for federal

PM to discuss budget proposals for FY22 in cabinet meeting today

ISLAMABAD: A meeting of the federal cabinet chaired by Prime Minister Imran Khan will be held today in which the budget proposals for the next financial year will be considered. According to details, a 21-point agenda of the national and

Budget 2021: Will IMF terms be met?

In a major development, the ruling Tehreek-e-Insaaf (PTI) acceded to the condition set by the International Monetary Fund (IMF) to impose income tax on monthly pensions in the next budget. The PTI government under the leadership of Prime Minister Imran

People-friendly budget

A common saying goes ‘Failing to plan is planning to fail’. Whether it’s our household expenses or the federal budget, we do not realize the importance of planning. We are tied to our archaic traditions and only lament on our

Budget expectations

The month of May brings great hope and anxiety as we take a close look at each passing day and also take a keen interest in TV news and analysis. There is only one event we looking forward to –

Budgetary allocations

The budget for the Fiscal year 2021-22 will be tabled on June 11. It will be the biggest test for the new Finance Minister Shaukat Tarin, who has already started preparations for the budget to bring out-of-the-box solutions this year

Expectations from the Budget 2021-22

Keeping the third wave of coronavirus in view, Ministry of Parliamentary Affairs along with National Assembly secretariat has started preparation for the upcoming federal budget 2021-22 which is scheduled to be presented by the second week of June. It will

Federal secretary finance replaced weeks before budget

ISLAMABAD: The government has replaced the federal finance secretary two weeks ahead of the presentation of the budget for the next fiscal year. Yousuf Khan as the Secretary In-charge with immediate effect after relieving Fazal from his duty. Kamran Afzal

Govt will focus on development projects, job creation in budget 2022: PM Imran

ISLAMABAD: Prime Minister Imran Khan has said that the government would focus on job creation and developmental projects for the 2021-22 budget while further reducing non-development expenditure. Chairing a meeting regarding the next fiscal budget and economic situation on Sunday,

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