Budget 2023-24 at a glance
Business
Budget 2023-24 at a glance
ISLAMABAD (Dunya News) – Finance Minister Ishaq Dar on Friday presented the federal budget for the fiscal year 2023-24 with an outlay of around Rs14.5 trillion.
Here are the salient features of the budget Mr Dar presented in the National Assembly.
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Rs1,804 billion earmarked for defence
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Rs1,150 billion allocated for Public Sector Development Programme
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Tax collection target set over Rs9 trillion
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Rs135 billion set aside for the Higher Education Commission
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Rs13.10 billion for Health Ministry
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Rs33 billion set aside for Railways
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Rs107 billion allocated for Ministry of Water Resources
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Rs170 billion earmarked for special initiatives of prime minister
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Rs157.50 billion allocated for National Highways Authority
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Rs30 billion allocated for a programme to convert agricultural tubewells to solar power
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Rs10 billion set aside for Prime Minister’s Laptop Scheme
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Rs8.85 billion earmarked for National Food Security
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Rs6 billion set aside for IT sector
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Rs5 billion allocated for women empowerment
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Rs540 million for National Heritage and Culture Division
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Rs17 billion allocated for the Karachi Greater Water Supply Scheme
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Rs14.86 billion earmarked for Karachi Coastal Power Project
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Rs26.10 billion earmarked for Pakistan Atomic Energy Commission
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Rs24.89 billion allocated for planning division
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Rs500 million for poverty alleviation and social protection
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Rs54.55 billion earmarked for Ministry of Energy
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Rs4.5 billion for climate change
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Rs60.90 billion set aside for Azad Jammu and Kashmir
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Rs57 billion earmarked for the merged districts of KP