How Many Trillions Have Been Estimated For The Budget Of Punjab For The Next Financial Year?

June 10, 2020Nouman Ilyas0

Punjab next fiscal year for the budget in gross income is estimated to be 23 billion has been estimated at Rs 80 billion total estimated revenue for the current fiscal year, 23 billion compared to Rs 60 crore 4 billion to 97 billion.

Treasury Punjab from budget preparations are, in the calculation of earnings Punjab next fiscal year’s budget to a total income estimated 23 trillion has been estimated at Rs 80 billion, the gross income of the General Revenue in estimates Is estimated at Rs 84.17 trillion.

According to sources, the distributable revenue from the federation has been estimated at Rs. 14.65 trillion, while the provincial gross revenue has been estimated at Rs. 3.18 trillion. The provincial tax revenue has been estimated at Rs. 2.30 trillion. The non- tax revenue is estimated at Rs 88 billion.

According to sources, current capital reserves have been estimated at Rs 742 billion while foreign project assistance has been estimated at Rs 389 billion. The Innovating Financing is estimated at Rs. 100 billion, the Federal Fund PSDP is estimated at Rs. 30 billion. On the other hand, the Receipts Account Two (Food) is estimated at Rs. 433 billion.

According to our sources, in the development budget of the new financial year, it is proposed to allocate Rs 15 billion for government and coalition members of the Assembly, while earlier the P&D Board had proposed not to allocate funds for community development program.

Extracted from City42 News

Nouman Ilyas

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