Federal Budget 2022-23 at a glance

ISLAMABAD: The federal government on Friday presented a proposed budget of Rs. 9.502 trillion for the fiscal year 2022-23. Following is the breakup of resources and expenditure for federal budget 2022-23:- TOTAL RESOURCES (I to V): Rs. In Billion: 9,502 (FBR) – Federal Consolidated Fund: 7,004 Non-Tax Revenue: 2,000 a) Gross Revenue Receipts: 9,004 b) Less Provincial Share: 4,100 I.Net Revenue Receipts (a-b): 4,904 II. Non-Bank Borrowing (NSSs & Others) – Public Account: 1,996 III. Net External Receipts – Fed. Consolidated Fund: 533 IV. Estimated Provincial Surplus: 800 V. Bank Borrowing (T-Bills, PIBs, Sukuk) – Fed. Consolidated Fund: 1,172 VI. Privatization Proceeds – Fed. Consolidated Fund: 96 TOTAL EXPENDITURE (A+B) Rs. In Billion: 9,502 A. Current: 8,694 Interest Payments: 3,950 Pension: 530 Defence Affairs & Services: 1523 Grants and Transfers to Provinces & Others: 1,242 Subsidies: 699 Running of Civil Govt: 550 Provision for Disaster / Emergency Covid: 100 Provision forPay & Pension: 100 B. Development: 808 Federal PSDP: 727 Net Lending: 81 .