Here are the expected features of budget 2018-19

ISLAMABAD: All eyes are fixed on the Federal Budget for the fiscal year 2018-19 as the ruling Pakistan Muslim League Nawaz (PML-N) beset by political tribulations with its leadership on trial for corruption charges is all set to fashion a precedent by presenting its sixth consecutive budget during the five-year tenure.

Finance Minister Miftah Ismail will unveil the budget with an estimated outlay of Rs5.5 trillion in the National Assembly scheduled to meet at 4:30 pm today. The budget session is likely to witness ruckus as the opposition parties have announced to protest against the government for presenting a full-year budget in the closing weeks of its tenure.

Here are the expected features of the budget 2018-19

The outlay of the budget will be Rs5.5 trillion
The tax revenue target will be set at Rs4.435 trillion
Real GDP target is likely to be set at 6 per cent for next year
The fiscal deficit is expected to be Rs2,029 billion
Inflation rate will be contained below 6 percent
The exports target for next year is likely to be set at Rs27.30 billion.
The defence budget is expected to be Rs1.050 trillion
Salaries and pensions of employees are likely to be increased by 10 per cent.
A hefty amount of Rs220 billion will be earmarked for subsidies on power, textile, water, construction of small dams.
The federal expenditure has been set at Rs1010 billion while the provincial at Rs1030.
The budget for development projects will be Rs201 billion.

Here are the expected features of budget 2018-19

The outlay of the budget will be Rs5.5 trillion

The tax revenue target will be set at Rs4.435 trillion

Real GDP target is likely to be set at 6 per cent for next year

The fiscal deficit is expected to be Rs2,029 billion

Inflation rate will be contained below 6 percent

The exports target for next year is likely to be set at Rs27.30 billion.

The defence budget is expected to be Rs1.050 trillion

Salaries and pensions of employees are likely to be increased by 10 per cent.

A hefty amount of Rs220 billion will be earmarked for subsidies on power, textile, water, construction of small dams.

The federal expenditure has been set at Rs1010 billion while the provincial at Rs1030.

The budget for development projects will be Rs201 billion.