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budget

Federal budget 2023-24 in graphs

Federal budget 2023-24 in graphs

The government of Pakistan announced the budget for 2023-24 on Friday. Business Recorder takes a look at the budget...
Published 10 Jun, 2023 06:03pm
Full of sound and fury
Opinion

Full of sound and fury

An exercise in futility at best, extreme folly at worst, are the most appropriate epithets for the budget 2023-24...
Updated 10 Jun, 2023 01:05pm
Budget FY2023-24
Business & Finance

Budget FY2023-24

Present Economic Position of Pakistan In Pakistan we give undue importance to the annual budget and spend months...
Published 10 Jun, 2023 05:01am
PML(N)-led coalition govt struggles to strike a delicate balance between outright populism & fiscal discipline
Print

PML(N)-led coalition govt struggles to strike a delicate balance between outright populism & fiscal discipline

  • Dar presents Rs14.5trn budget
  • Budget closely watched by IMF
  • 3.5% economic growth target set
  • Fiscal deficit target set at 6.54% of GDP
  • Govt targets inflation at 21%
  • Total spending target of 14.46 trillion rupees set
  • Defence expenditure estimated at 1.8 trillion rupees
  • Targets total tax revenue of 9.2 trillion rupees
  • Targets total non-tax revenue of 3 trillion rupees
  • $30 billion export target set
  • No new tax on industrial sector
Published 10 Jun, 2023 05:00am