| Budget 2023-24 At A Glance (Rs. in Billion) | |||
|---|---|---|---|
| Resources | Value | Expenditure | Value |
| Tax Revenue (FBR) – Federal Consolidated Fund | 9,200 | A. Current | 13,320 |
| Non-Tax Revenue | 2,963 | Interest Payments | 7,303 |
| a) Gross Revenue Receipts | 12,163 | Pension | 761 |
| b) Less Provincial Share | 5,276 | Defence Affairs & Services | 1,804 |
| I. Net Revenue Receipts (a-b) | 6,887 | Grants and Transfers to Provinces & Others | 1,464 |
| II. Non Bank Borrowing | 1,906 | Subsidies | 1,074 |
| III. Net External Receipts – Fed. Consolidated Fund | 2,527 | Running of Civil Govt. | 714 |
| IV. Bank Borrowing (T-Bills, PIBs, Sukuk) – Fed. Consolidated Fund | 3,124 | Provision for Emergency and others | 200 |
| V. Privatization Proceeds – Fed. Consolidated Fund | 15 | B. Development & Net Lending | 1,140 |
| Total (II + III + IV + V) | 7,572 | Federal PSDP | 950 |
| Net Lending | 950 | ||
| TOTAL RESOURCES (I to V) | 14,460 | TOTAL EXPENDITURE (A+B) | 190 |
| Fiscal Deficit & Financing of Budget 2023-24 (Rs. in Billion) | |||
|---|---|---|---|
| Federal Deficit | Value | Financing | Value |
| A) Federal Revenue (Net) | 6,887 | A) Net External Financing | 2,527 |
| B) Total Federal Expenditure (i+ii) | 14,460 | Multilateral & Bilateral Sources | 926 |
| i) Current Expenditure | 13,320 | Commercial & Euro Bond | 1,601 |
| ii) Development and Net Lending (a+b) | 1,140 | B) Net Domestic Financing | 5,031 |
| a) Federal PSDP | 950 | National Saving Schemes, GP Fund and Deposit & Reserves | 7 |
| b) Net Lending | 190 | Bank (Govt. Securities) | 5,023 |
| C) Privatization Proceeds | 15 | ||
| C) Federal Deficit (A-B) | -7,573 | Total Financing (A+B+C) | 7,573 |
| Pakistan: Composition Of GDP (at Current Prices): Expenditure Approach | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Details | FY2021 | FY2022 | FY2023 | FY2021 | FY2022 | FY2023 | FY2021 | FY2022 | FY2023 |
| As percent of GDP (MP) | Growth Rates (%) | Point Contribution | |||||||
| Household Consumption | 82.49 | 84.85 | 83.43 | 20.37 | 22.72 | 24.95 | 16.40 | 18.75 | 21.17 |
| NPISH Consumption | 0.97 | 0.89 | 0.80 | 11.03 | 9.77 | 13.66 | 0.11 | 0.09 | 0.12 |
| General Government Consumption | 10.93 | 10.50 | 9.73 | 8.89 | 14.60 | 17.84 | 1.05 | 1.60 | 1.87 |
| Total Consumption [C] | 94.39 | 96.24 | 93.96 | 18.82 | 21.65 | 24.07 | 17.56 | 20.44 | 23.16 |
| Gross Fixed Investment | 12.82 | 14.01 | 11.92 | 14.93 | 30.35 | 8.14 | 1.96 | 3.89 | 1.14 |
| Private | 9.85 | 10.54 | 8.81 | 12.62 | 27.66 | 6.18 | 1.30 | 2.73 | 0.65 |
| Public including General Public | 2.97 | 3.47 | 3.11 | 23.33 | 39.27 | 14.10 | 0.66 | 1.17 | 0.49 |
| Changes in Stock + Valuables | 1.71 | 1.71 | 1.71 | 17.45 | 19.32 | 27.07 | 0.30 | 0.33 | 0.46 |
| Total Investment [I] | 14.53 | 15.72 | 13.63 | 15.22 | 29.05 | 10.20 | 2.26 | 4.22 | 1.60 |
| Exports (Goods & Services) [X] | 9.05 | 10.55 | 10.08 | 14.33 | 39.02 | 21.41 | 1.33 | 3.53 | 2.26 |
| Imports (Goods & Services) (M] | 17.98 | 22.50 | 17.67 | 21.23 | 49.34 | -0.20 | 3.70 | 8.87 | -0.05 |
| Net Exports [X-M] | -8.93 | -11.96 | -7.60 | 29.14 | 59.81 | -19.27 | -2.37 | -5.34 | 2.30 |
| Aggregate Demand [C+I+X] | 117.98 | 122.50 | 117.67 | 18.01 | 23.89 | 22.06 | 21.15 | 28.19 | 27.02 |
| Domestic Demand [C + I] | 108.93 | 111.96 | 107.60 | 18.33 | 22.64 | 22.12 | 19.82 | 24.66 | 24.77 |
| GDP (MP) | 100 | 100 | 100 | 17.45 | 19.32 | 27.07 | 17.45 | 19.32 | 27.07 |
| Pakistan: Gross Enrollment Rates At National/Provincial Level (%) | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Location | GER at the Primary Level (Age: 5-9) |
GER at Middle Level (Age: 10-12) |
GER at Matric Level (Age: 13-14) |
||||||
| Male | Female | Total | Male | Female | Total | Male | Female | Total | |
| Pakistan | 87 | 75 | 82 | 60 | 51 | 56 | 64 | 51 | 58 |
| Punjab | 92 | 88 | 90 | 61 | 61 | 61 | 68 | 63 | 65 |
| Sindh | 75 | 59 | 67 | 50 | 38 | 45 | 56 | 40 | 49 |
| Khyber Pakhtunkhwa | 94 | 70 | 83 | 73 | 44 | 60 | 68 | 35 | 53 |
| Balochistan | 83 | 54 | 70 | 47 | 29 | 40 | 49 | 20 | 37 |
| Source: Pakistan Social and Living Standards Measurement Survey (PSLM) 2019-20 | |||||||||