The government's running expenses will be slashed to Rs437bn from Rs460bn.
The defence budget will be kept static at Rs1.15tr.
"As regards social welfare programs, we are introducing four [main] policies.
"Rs200bn will be allocated to providing power at subsidised rates to low power consumers. One million people will be targeted for ration cards under the government's Ehsas program.
"Eighty thousand people will be given interest free loans under a mother and child nutrition program. Seven hundred thousand disabled persons will be given mobility and functionality aids.
"Under BISP, which has been placed under Ehsas, 5.7m extremely poor households will be given Rs5,000 as income support each month. Rs110bn have been set aside for this."