Federal development budget Rs1,200bn, tax collection target Rs12,500bn

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Federal development budget Rs1,200bn, tax collection target Rs12,500bn
Development BudgetTax-To-GDP RatioRevenue Collection
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Finance Minister Muhammad Aurangzeb to table budget on June 8

PSDP will see an increase of Rs260bn in next fiscal yearISLAMABAD – The government has decided to increase development budget for the next fiscal year, sources say, as Finance Minister Muhammad Aurangzeb is expected to table the document before the Lower House of Parliament on June 8.

Meanwhile, not all of federal ministries and divisions would be part of the Public Sector Development Programme , with the completion of ongoing projects being the priority.

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Development Budget Tax-To-GDP Ratio Revenue Collection Revenue Collection Target PSDP IMF IMF Government Spending Foreign Investment Interest Rate Cuts

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