Federal Budget: FY 2018 - 2027
Yearly Budget Volume
Values in billion PKR
-
2018-19
5,246Govt. Party PML-N
-
2019-20
7,022Govt. Party PTI
-
2020-21
7,137Govt. Party PTI
-
2021-22
8,487Govt. Party PTI
-
2022-23
9,579Govt. Party PML-N
-
2023-24
14,484Govt. Party PML-N
-
2024-25
18,877Govt. Party PML-N
-
2025-26
17,573Govt. Party PML-N
-
2026-27
17,100Govt. Party PML-N
Budget Allocation by Categories
| Year | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 |
|---|---|---|---|---|---|---|---|---|---|
| Budget Date | |||||||||
| Finance Minister | Miftah Ismail | Hammad Azhar | Hammad Azhar | Shaukat Tarin | Miftah Ismail | Ishaq Dar | Muhammad Aurangzeb | Muhammad Aurangzeb | Muhammad Aurangzeb |
| Budget Total Volume (Billions) | 5,246 | 7,022 | 7,137 | 8,487 | 9,579 | 14,484 | 18,877 | 17,573 | 00,000 |
| Increase In Comparison To Last Year | 10% | 34% | 2% | 19% | 13% | 51% | 30% | -7% | -00% |
| Interest Payment (Billions) | 1,620 | 2,891 | 2,946 | 3,060 | 3,950 | 7,303 | 9,775 | 8,207 | 0,000 |
| Increase In Comparison To Last Year | 19% | 78% | 2% | 4% | 29% | 85% | 34% | -16% | -00% |
| Defence Allocation (Billions) | 1,100 | 1,153 | 1,289 | 1,370 | 1,563 | 1,804 | 2,122 | 2,550 | 0,000 |
| Increase In Comparison To Last Year | 20% | 5% | 12% | 6% | 14% | 15% | 18% | 20% | 00% |
| Pension Allocation (Billions) | 342 | 421 | 470 | 480 | 609 | 801 | 1,014 | 1,055 | 0,000 |
| Increase In Comparison To Last Year | 38% | 23% | 12% | 2% | 27% | 32% | 27% | 4% | 0% |
| Federal Development Program (Billions) | 800 | 701 | 650 | 900 | 727 | 950 | 1,400 | 1,000 | 0,000 |
| Increase In Comparison To Last Year | -20% | -12% | -7% | 38% | -19% | 31% | 47% | -29% | -00% |
| Other Development Expenses and Net Lending (Billions) | 268 | 128 | 142 | 64 | 144 | 190 | 274 | 287 | 000 |
| Increase In Comparison To Last Year | -3% | -52% | 11% | -55% | 125% | 32% | 44% | 5% | 0% |
| Civil Government Expenditure (Billions) | 463 | 431 | 477 | 479 | 553 | 714 | 839 | 971 | 000 |
| Increase In Comparison To Last Year | 23% | -7% | 11% | 0% | 15% | 29% | 18% | 16% | 00% |
| Exigency Allocation (Billions) | 0 | 194 | 50 | 285 | 195 | 250 | 313 | 389 | 000 |
| Increase In Comparison To Last Year | - | - | -74% | 470% | -32% | 28% | 25% | 24% | 00% |
| Subsidy (Billions) | 175 | 272 | 209 | 682 | 664 | 1,064 | 1,363 | 1,186 | 0,000 |
| Increase In Comparison To Last Year | 26% | 56% | -23% | 226% | -3% | 60% | 28% | -13% | -00% |
| Provincial Grants and Transfer (Billions) | 478 | 831 | 905 | 1,168 | 1,174 | 1,408 | 1,777 | 1,928 | 0,000 |
| Increase In Comparison To Last Year | 11% | 74% | 9% | 29% | 1% | 20% | 26% | 8% | 0% |
Proportion of Total Budget by Category
| Year | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 |
|---|---|---|---|---|---|---|---|---|---|
| Interest Payment (Billions) | 1,620 | 2,891 | 2,946 | 3,060 | 3,950 | 7,303 | 9,775 | 8,207 | 0,000 |
| Total Expense Percentage | 31% | 41% | 41% | 36% | 41% | 50% | 52% | 47% | 0% |
| Defence Allocation (Billions) | 1,100 | 1,153 | 1,289 | 1,370 | 1,563 | 1,804 | 2,122 | 2,550 | 0,000 |
| Total Expense Percentage | 21% | 16% | 18% | 16% | 16% | 12% | 11% | 15% | 0% |
| Pension Allocation (Billions) | 342 | 421 | 470 | 480 | 609 | 801 | 1,014 | 1,055 | 0,000 |
| Total Expense Percentage | 7% | 6% | 7% | 6% | 6% | 6% | 5% | 6% | 0% |
| Federal Development Program (Billions) | 800 | 701 | 650 | 900 | 727 | 950 | 1,400 | 1,000 | 0,000 |
| Total Expense Percentage | 15% | 10% | 9% | 11% | 8% | 7% | 7% | 6% | 0% |
| Other Development Expenses and Net Lending (Billions) | 268 | 128 | 142 | 64 | 144 | 190 | 274 | 287 | 0,000 |
| Total Expense Percentage | 5% | 2% | 2% | 1% | 2% | 1% | 1% | 2% | 0% |
| Civil Government Expenditure (Billions) | 463 | 431 | 477 | 479 | 553 | 714 | 839 | 971 | 0,000 |
| Total Expense Percentage | 9% | 6% | 7% | 6% | 6% | 5% | 4% | 6% | 0% |
| Exigency Allocation (Billions) | 0 | 194 | 50 | 285 | 195 | 250 | 313 | 389 | 0,000 |
| Total Expense Percentage | 0% | 3% | 1% | 3% | 2% | 2% | 2% | 2% | 0% |
| Subsidy (Billions) | 175 | 272 | 209 | 682 | 664 | 1,064 | 1,363 | 1,186 | 0,000 |
| Total Expense Percentage | 3% | 4% | 3% | 8% | 7% | 7% | 7% | 7% | 0% |
| Provincial Grants and Transfer (Billions) | 478 | 831 | 905 | 1,168 | 1,174 | 1,408 | 1,777 | 1,928 | 0,000 |
| Total Expense Percentage | 9% | 12% | 13% | 14% | 12% | 10% | 9% | 11% | 0% |
| Budget Total Volume (Billions) | 5,246 | 7,022 | 7,138 | 8,488 | 9,579 | 14,484 | 18,877 | 17,573 | 0,000 |
Sources of Income by Category
| Year | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 |
|---|---|---|---|---|---|---|---|---|---|
| Receipts (Billions) | 3,356 | 3,885 | 3,942 | 5,067 | 5,032 | 6,979 | 10,377 | 11,072 | 0,000 |
| Increase In Comparison To Last Year | 3% | 16% | 1% | 29% | -1% | 39% | 49% | 7% | -00% |
| Non-Bank Loans (Billions) | 533 | 819 | 1,395 | 1,241 | 1,996 | 1,906 | 2,662 | 2,874 | 0,000 |
| Increase In Comparison To Last Year | 1% | 54% | -11% | 70% | 61% | -5% | 40% | 8% | -00% |
| External Receivables (Billions) | 342 | 1,829 | 810 | 1,246 | 1,611 | 2,724 | 666 | 106 | 0,000 |
| Increase In Comparison To Last Year | -33% | 435% | -56% | 54% | 29% | 69% | -76% | -84% | -00% |
| Bank Loans (Billions) | 1,015 | 339 | 889 | 681 | 843 | 2,860 | 5,142 | 3,435 | 0,000 |
| Increase In Comparison To Last Year | 160% | -67% | 162% | -23% | 24% | 239% | 80% | -33% | -00% |
| Earning Through Privatization (Billions) | 0 | 150 | 100 | 252 | 96 | 15 | 30 | 87 | 0,000 |
| Increase In Comparison To Last Year | -100% | - | -33% | 152% | -62% | -84% | 100% | 190% | -00% |
| Budget Total Volume (Billions) | 5,246 | 7,022 | 7,136 | 8,487 | 9,578 | 14,484 | 18,877 | 17,574 | 0,000 |
| Year | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 |
|---|---|---|---|---|---|---|---|---|---|
| Receipts (Billions) | 3,356 | 3,885 | 3,942 | 5,067 | 5,032 | 6,979 | 10,377 | 11,072 | 00,000 |
| Total Expense Percentage | 64% | 55% | 55% | 60% | 53% | 48% | 55% | 63% | 0% |
| Non-Bank Loans (Billions) | 533 | 819 | 1,395 | 1,241 | 1,996 | 1,906 | 2,662 | 2,874 | 0,000 |
| Total Expense Percentage | 10% | 12% | 20% | 15% | 21% | 13% | 14% | 16% | 0% |
| External Receivables (Billions) | 342 | 1,829 | 810 | 1,246 | 1,611 | 2,724 | 666 | 106 | 0,000 |
| Total Expense Percentage | 7% | 26% | 11% | 15% | 17% | 19% | 4% | 1% | 0% |
| Bank Loans (Billions) | 1,015 | 339 | 889 | 681 | 843 | 2,860 | 5,142 | 3,435 | 0,000 |
| Total Expense Percentage | 19% | 5% | 12% | 8% | 9% | 20% | 27% | 20% | 0% |
| Earning Through Privatization (Billions) | 0 | 150 | 100 | 252 | 96 | 15 | 30 | 87 | 0,000 |
| Total Expense Percentage | 0% | 2% | 1% | 3% | 1% | 0% | 0% | 0% | 0% |
| Budget Total Volume (Billions) | 5,246 | 7,022 | 7,136 | 8,487 | 9,578 | 14,484 | 18,877 | 17,574 | 0,000 |
| Year | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 |
|---|---|---|---|---|---|---|---|---|---|
| Energy Sector (Billions) | 149 | 251 | 140 | 596 | 535 | 894 | 1,190 | 971 | 0 |
| Total Subsidy Percentage | 86% | 92% | 67% | 87% | 81% | 84% | 87% | 81.87% | 0% |
| Petroleum Products (Billions) | 0 | 0 | 10 | 20 | 71 | 51 | 18 | 1.2 | 0 |
| Total Subsidy Percentage | 0% | 0% | 5% | 3% | 11% | 5% | 1% | 0.1% | 0 |
| Food Allocation (Billions) | 19 | 16 | 7 | 7 | 7 | 10 | 12 | 20 | 0 |
| Total Subsidy Percentage | 11% | 6% | 3% | 1% | 1% | 1% | 1% | 1.69% | 0 |
| Industrial Allocation (Billions) | 6 | 6 | 3 | 6 | 17 | 35 | 68 | 104.7 | 0 |
| Total Subsidy Percentage | 3% | 2% | 1% | 1% | 3% | 3% | 5% | 8.83% | 0 |
| Miscellaneous (Billions) | 0 | 0 | 49 | 53 | 34 | 74 | 75 | 89.136 | 0 |
| Total Subsidy Percentage | 0% | 0% | 23% | 8% | 5% | 7% | 6% | 7.52% | 0 |
| Total Subsidy (Billions) | 175 | 272 | 209 | 682 | 664 | 1,064 | 1,363 | 1186.36 | 0 |
| Year | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 |
|---|---|---|---|---|---|---|---|---|---|
| Income Tax (Billions) | 1,709 | 2,073 | 2,037 | 2,172 | 3,024 | 4,204 | 5,454 | ||
| Total Tax Percentage | 41% | 40% | 44% | 40% | 43% | 45% | 45% | ||
| Capital Value Tax (Billions) | 6 | 4 | 3 | 1 | 1 | 1 | 2 | ||
| Total Tax Percentage | 0% | 0% | 0% | 0% | 0% | 0% | 0% | ||
| Provident/Welfare Fund (Billions) | 18 | 5 | 3 | 10 | 14 | 51 | 43 | ||
| Total Tax Percentage | 0% | 0% | 0% | 0% | 0% | 1% | 0% | ||
| Customs Duties (Billions) | 735 | 1,000 | 640 | 785 | 953 | 1,211 | 1,591 | ||
| Total Tax Percentage | 18% | 19% | 14% | 14% | 13% | 13% | 13% | ||
| Sales Tax (Billions) | 1,700 | 2,107 | 1,919 | 2,506 | 3,076 | 3,411 | 4,919 | ||
| Total Tax Percentage | 41% | 41% | 42% | 46% | 44% | 36% | 41% | ||
| Federal Excise Tax (Billions) | 265 | 364 | 361 | 356 | 402 | 538 | 948 | ||
| Total Tax Percentage | 6% | 7% | 8% | 7% | 6% | 6% | 8% | ||
| Total Tax | 4,169 | 5,189 | 4,602 | 5,473 | 7,068 | 9,415 | 12,008 |
| Year | 2018-19 | 2019-20 | 2020-21 | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 | 2026-27 |
|---|---|---|---|---|---|---|---|---|---|
| Health Budget (Billions) | 13 | 14 | 25 | 28 | 20 | 24 | 28 | ||
| Increase In Comparison To Last Year | 8% | 8% | 79% | 12% | -29% | 20% | 17% | ||
| Education Budget (Billions) | 91 | 97 | 83 | 92 | 91 | 97 | 103 | ||
| Increase In Comparison To Last Year | 7% | 7% | -14% | 11% | -1% | 7% | 6% | ||
| Budget Deficit (Billions) | 2,175 | 3,560 | 3,437 | 3,990 | 4,547 | 7,505 | 8,500 | ||
| Increase In Comparison To Last Year | 19% | 64% | -3% | 16% | 14% | 65% | 13% |
Budget Data Visualization
