Finance Minister Ishaq Dar is presenting the budget for fiscal year 2023-24 (FY24) on the floor of the National Assembly.
The finance minister said for the next year, GDP growth had been budgeted at 3.5 per cent, terming it a “modest target”. He said that this budget is “not an election budget” and is focusing on the “elements of the real economy”.
Dar said agriculture is the backbone of the economy and this budget is placing special attention on this sector. He then went on to list some of the special measure taken for the agri sector, primary among which was increasing agri loans from Rs1.8 trillion to Rs2.25 trillion.
- Govt allocates funds for metro bus connecting Bharakahu, Rawat with Faizabad
- Rs 3220 mln allocated for Finance Division projects in PSDP 2023-24
- Govt earmarks Rs 3.3 b for Maritime Affairs in PSDP 2023-24
- Rs 964.223 mln earmarked in PSDP for SAFRON
- Federal govt allocates Rs 800 mln for religious affairs ministry projects in PSDP 2023-24
- Federal govt allocates Rs 800 mln for religious affairs ministry projects in PSDP 2023-24
- Govt allocates Rs 13,100 mln to complete health sector projects
- Rs. 8000 million earmarked for Science and Technological Research Division in PSDP 2023-24
- Govt allocates Rs 1500m for 10 petroleum sector projects
- Govt. doles out Rs 2b for ongoing projects of Defence Production under PSDP 2023-24
- Rs. 4,150m allocated for new Railway Division Projects in PSDP
- Rs.150m earmarked for PNRA in PSDP 2023-24
- GDP to grow by 3.5pc, inflation to ease by 21pc in FY24: Annual Plan
- Gov’t allocates Rs 1400m fore 13 schemes of Law Ministry
- Massive allocations in PSDP to procure of 820 high-capacity freight wagons & 230 passenger coaches
- Rs 8.850 billion allocated in PSDP 2023-24 for agriculture sector
- Govt earmarks Rs 157.500 mln for NHA ‘s road infrastructure projects under PSDP
- Govt allocates Rs 8500mln under PSDP 2023-24 for FEPT schemes
- Govt earmarks Rs 40,680 million for housing, works division
- Govt allocates Rs. 80,111.463 mln for hydel projects
- Rs 1900 mln earmarked in PSDP for IPC Division’s sport schemes
- Rs 500 million earmarked for Poverty Alleviation and Social Safety Division in PSDP 2023-24
- Govt earmarks above Rs. 59700 mln for higher education in PSDP 2023-24
- Govt earmarks Rs 3.4bln for Defence Division under PSDP 2023-24
