Budget 2017-18 at a glance

Budget 2017-18 at a glance

ISLAMABAD, May 26 (APP): Finance Minister Ishaq Dar revealed the national budget 2017-18 on Friday. Here are its features at a glance:
(Rs. in billion)
• RECEIPTS–
TAX REVENUE 4,330.5
• FBR Taxes 4,013.0
• Other taxes 317.5

NON-TAX REVENUE 979.9

a) Gross Revenue Receipts 5,310.3
b) Less provincial share 2,384.2

i) Net revenue receipts (a-b) 2,926.1
ii) Capital receipts (non-bank) 528.0
iii) External receipts (net) 511.4
iv) Estimated provincial surplus 347.3
v) Bank borrowing 390.1
vi) Privatization proceeds 50.0

TOTAL RESOURCES (i to vi) 4,752.9
• EXPENDITURE—

A. CURRENT 3,477.1

Interest payments 1,363.0
Pension 248.0
Defence affairs & services 920.2
Grants and transfers 430.2
Subsidies 138.8
Running of civil government 376.8

B. DEVELOPMENT 1,275.8

Federal PSDP 1,001.0
Net lending 122.6
Other devlopment expenditure 152.2

TOTAL EXPENDITURE (A+B) 4,752.9

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