A view of the Punjab Assembly in session.—File Photo

LAHORE: The Punjab government on Saturday presented a balanced and tax-free budget with a total outlay of Rs782.86 billion for fiscal year 2012-13 allocating Rs250 billion for Annual Development Programme (ADP).

Mian Mujtaba Shuja-ur-Rehman, who was given the charge of finance minister just a day before the budget day, presented the budget in the Punjab Assembly.

Giving break-up of the budget receipts and expenditures, he said, the provincial government would receive a total of Rs650.5 billion from federal divisible pool, while Rs131.4 billion from provincial own tax and non-tax revenues.

For the next FY, he said, the government's total expenditures/non-development funds estimates had been calculated at Rs532.8 billion, which was 13.9 per cent higher than the accumulative expenses of current financial year ending June 30, 2012, while, the Rs250 billion ADP was 13.6 per cent high.

Mian Mujtaba said that out of the Rs250 billion ADP, Rs86.46 billion had been allocated for Social Sector, Rs62.90 billion for Infrastructure Development, Rs35.50 billion for Special Programmes, Rs8.61 billion for Production Sector, Rs11.10 billion for Services Sector and Rs5.42 billion for Environment, Culture, Auqaf and Human Rights, and Rs40 billion for miscellaneous developmental programmes.

Giving expenditures break-up for various sectors, he said that under the Provincial Finance Commission (PFC), a total of Rs210.983 billion had been allocated for District/Local Governments, Rs81.86 billion for Public Order and Safety, Rs23.38 billion for General Administration, Rs31.30 billion for Education, Rs35.65 billion for Health, Rs5.56 billion for Agriculture, Rs55.73 billion for retired government employees pension and Rs34 billion for public subsidies.

 

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Editorial

Ominous demands
Updated 18 May, 2024

Ominous demands

The federal government needs to boost its revenues to reduce future borrowing and pay back its existing debt.
Property leaks
18 May, 2024

Property leaks

THE leaked Dubai property data reported on by media organisations around the world earlier this week seems to have...
Heat warnings
18 May, 2024

Heat warnings

STARTING next week, the country must brace for brutal heatwaves. The NDMA warns of severe conditions with...
Dangerous law
Updated 17 May, 2024

Dangerous law

It must remember that the same law can be weaponised against it one day, just as Peca was when the PTI took power.
Uncalled for pressure
17 May, 2024

Uncalled for pressure

THE recent press conferences by Senators Faisal Vawda and Talal Chaudhry, where they demanded evidence from judges...
KP tussle
17 May, 2024

KP tussle

THE growing war of words between KP Chief Minister Ali Amin Gandapur and Governor Faisal Karim Kundi is affecting...