The PTI-led government on Friday unveiled the federal budget for the fiscal year 2020 -21.
Among the major figures, the Federal Board of Revenue (FBR) revenue target was kept at Rs4.95 trillion for next year while defence allocations amounted to around Rs1.3 trillion. The federal development programme was budgeted at Rs650 billion to support growth prospects.
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Comments (11) Closed
M. Saeed
Jun 12, 2020 06:11pm
Without the role of opposition in it, this budget would be just an eyewash to be subjected to several U-turns and mini-budgets.
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Shug
Jun 12, 2020 06:40pm
30% of budget for defence allocation and then one wonders why the economy stands where it is.
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Curious
Jun 12, 2020 06:46pm
Why the picture of the US dollar when you are talking about the rupee?
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Asim
Jun 12, 2020 07:14pm
No pay raise for the govt employees, effectively pushing many of lower grade guys below poverty line! Recepe to increased curruption!
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Anuj
Jun 12, 2020 08:30pm
Perfectly balanced.rs 1.3 trillion for defence , and half of it for Development ...Rs.0 65 Trillion. Nation's future looks amazing.
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kautiliya
Jun 12, 2020 10:04pm
one bundle for me the other for you and half of the bundle for friends and the rest of of the half of bundle for the payment of debt and to the people of Pakistan
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Amin
Jun 12, 2020 11:10pm
@Shug, Wrong. Its around 16%.
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Amin
Jun 12, 2020 11:14pm
@Curious, Truely curious. Good obsevation.
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Moostfaa
Jun 13, 2020 02:47am
@Curious , Because dreaming is free!
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P L Bakhshi
Jun 13, 2020 05:36am
It looks quite strange that out of FBR revenue target of Rs.4.95 trillion defense allocation has been earmarked about 30%, Rs. 1.3 trillion. In view of the Corona virus-19 pandemic which has struck globally and brought almost the entire humanity down on their knees still praying for their lives. This calamity is a wake up call about how disease exploit vulnerabilities in our health care system so the ruling dispensation anywhere and everywhere needs to give top priority to the Department of Health and Human Services. If the natives, more so poor and vulnerable are not safe from such onslaughts and remain healthy, have requisite medical facilities, there seems to be no purpose of life.
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Kung fu khan
Jun 13, 2020 09:39am
Pakistan budget is bigger than USA.
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