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ISLAMABAD: Finance Minister Ishaq Dar on Friday presented the budget for the upcoming fiscal year 2017-18 with a total outlay of Rs 5.31 trillion. This was the last budget of the Pakistan Muslim League- (Nawaz) government. The finance…
ISLAMABAD: Finance Minister Ishaq Dar on Saturday said that the focus of the new federal budget is on growth and job creation, ARY News reported.
ISLAMABAD: Finance Minister Ishaq Dar has unveiled a budget with a total outlay of Rs 4.39 trillion for the fiscal year 2016-17, indicating 7% increase over the outgoing year. Presenting budgetary proposals in the National Assembly on…
The Federal Government has increased the allocation for the environment by 12.7% from 936 million for 2014-15 to Rs 1,055 billion for 2015-16.
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 table below shows that the bulk of the shortfall came from the Federal Board of Revenue's end which missed its 2014-15 tax collection target by Rs 205 billion, or 7.2%