Budget

Of every Rs100 that govt spends in 2015-16, Rs53.63 will go to service debt, defence & running of govt

Of every hundred rupees that the Federal Government will spend in 2015-16, more than a quarter, or Rs 28.75 to be precise, will go towards servicing its debt.

 

The Federal Budget outlay for the coming 2015-16 fiscal year is Rs 4,451.3 billion. Of this, Rs 1,279.985 billion has been allocated for debt servicing.

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Of the remainder, defence will get Rs 781.162 billion, which means that of every Rs100 that the government spends in 2015-16, Rs 17.55 will go towards defence. In fact, if one includes the figure for military pensions for 2015-16, which is Rs 174.271 billion, then spending on the defence sector will be RS 21.4, for every Rs100 spent by the government.

 

 

As for the government’s running, the 2015-16 budget allocates Rs 326.331 billion. Going by the same yardstick, for every Rs 100 that the government will spend in 2015-16, Rs 7.33 will be spent on running itself.

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This means that well above half — 53.63% to be precise — of the federal government’s outlay for 2015-16 will go towards servicing its debt, the defence budget, and running itself.

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