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Federal Budget 2023-24 at a glance

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ISLAMABAD, Jun 5 (APP): The federal government on Friday presented a proposed budget of Rs. 14.460 trillion for the fiscal year 2023-24.

Following is the breakup of resources and expenditure for federal budget 2023-24:-

TOTAL RESOURCES (I to V): Rs. In Billion: 14,460

(FBR) – Federal
Consolidated Fund: 9,200

Non-Tax Revenue: 2,963

a) Gross Revenue Receipts: 12,163

b) Less Provincial Share: 5,276

I.Net Revenue Receipts (a-b): 6,887

II. Non-Bank Borrowing (NSSs & Others) – Public Account: 1,906

III. Net External Receipts – Fed. Consolidated Fund: 2,527

VI. Bank Borrowing (T-Bills, PIBs, Sukuk) – Fed. Consolidated Fund: 3,124

V. Privatization Proceeds – Fed. Consolidated Fund: 15

Total (II+III+IV+V): 7,572

TOTAL EXPENDITURE (A+B) Rs. In Billion: 14,460

A. Current: 13,320

Interest Payments: 7,303

Pension: 761

Defence Affairs & Services: 1,804

Grants and Transfers to Provinces & Others: 1,464

Subsidies: 1,074

Running of Civil Govt: 714

Provision for Emergency and others : 200

B. Development: 1,140

Federal PSDP: 950

Net Lending: 190

Prime Minister Muhammad Shehbaz Sharif addressing the Federal Cabinet

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Prime Minister Muhammad Shehbaz Sharif addressing the Federal Cabinet
APP27-090623 ISLAMABAD: June 09 - Prime Minister Muhammad Shehbaz Sharif addressing the Federal Cabinet. APP/ABB/TZD
Prime Minister Muhammad Shehbaz Sharif addressing the Federal Cabinet
APP27-090623 ISLAMABAD:

Rs 5000 mn allocated for sports in federal budget 2023-24

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ISLAMABAD, Jun 09 (APP):Minister for Finance Ishaq Dar on Friday said that for promoting a healthy culture the government had decided to promote sports from the grassroots level.

“As sports are an integral part of the education it has been decided to allocate Rs 5000 million in the federal budget 2023-24. This amount will be utilised for the development of sports in schools, colleges and professional sports,” the
minister said in his budget speech in the National Assembly.

Rs 161 bn allocated for transport, communication sector in next budget: Dar

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Rs 161 bn allocated for transport, communication sector in next budget: Dar

ISLAMABAD, Jun 9 (APP):Minister for Finance Muhammad Ishaq Dar on Friday said Rs 161 billion had been allocated for the transport and communication sector in the budget for financial year 2023-24.

Delivering the budget speech in the National Assembly, the minister said a good road infrastructure not only helped farmers bring their produce in the markets but also promoted industry and trade, besides creating thousands of job opportunities.

Ishaq Dar said that the past Pakistan Muslim League-Nawaz governments had completed several mega projects in transport and communication sector, including motorways which were being used tens of thousands of people.

Govt allocates funds for metro bus connecting Bharakahu, Rawat with Faizabad

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Metro bus

ISLAMABAD, Jun 9 (APP): The government has allocated funds for various development projects, including the Metro Bus from Bharakahu to Faizabad and from Rawat to Faizabad, bringing good news to the residents of Islamabad.

A sum of Rs 29 million has been earmarked in the Public Sector Development Program (PSDP) for the fiscal year 2023-24 to conduct feasibility studies for launching metro bus services at these two locations.

According to the PSDP document, the highest allocation within the Interior Division, amounting to Rs 2200 million, has been granted to the Islamabad Development Project, which encompasses numerous development schemes with potential benefits for the public.

Moreover, significant sums of funds have been allocated for ongoing and new development schemes in the Federal Capital. These include Rs 400 million for the Construction of 10th Avenue, Rs 405 million for the Construction of Flyover and Approaches at Railway Line Sihala, Rs 350 million for the Construction of Korang Bridge and PWD underpass, and Rs 66 million for the Design Cum construction of Bridge at Kuri River.

Likewise, allocations have been made for the Korang River and Rawal Lake Water Treatment (Rs 255 million), Roads and Street Pavement in ICT (Rs 6.7 million), Sewerage/Sanitation and Water Supply Scheme in ICT (Rs 78 million), Construction of Road from Darbar Sain Mircho to Shamas Colony (Rs 10 million), and Water Supply Scheme at Ujrri Kalan (Rs 49 million).

Furthermore, significant allocations have been made for the ongoing construction of the National Police Hospital in Islamabad (Rs 1198 million), Operation Management & Maintenance of Metro Bus to Islamabad Airport (Rs 268 million), and Rehabilitation and Improvement of Fish Seed hatchery at Rawal Dam (Rs 23 million) in the PSDP for the fiscal year 2023-24.

Overall, a total of Rs 9950 million has been allocated for 29 ongoing and nine new development schemes under the Interior Division. Among these, Rs 9051 million has been earmarked for ongoing schemes, while Rs 899 million has been reserved for new schemes.

The majority of the allocated funds within the Interior Division are oriented towards security and safety measures. The project receiving the third highest allocation (Rs 817 million) is also related to security, involving the raising of five additional wings for Frontier Corps Balochistan (South) to enhance Western Border management.

Moreover, Rs 200 million has been allocated for the Integrated Border Management System, and Rs 100 million has been apportioned for the security of foreign nationals. The Federal Investigation Agency (FIA) has also received an allocation of Rs 480 million for operational improvement and Rs 300 million for revamping its cybercrime wing.

Additionally, a total of Rs 512 million has been allocated for the new construction schemes of two Wings Headquarters in South Waziristan and four blocks of soldier flats at Bajaur Scouts.

Players from Halqa-01 and Gilgit-01 teams in action during the 2nd semi final of Jashn-e-Baharan Free Style Polo Tournament at Aga Khan Shahi Polo Ground

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Players from Halqa-01 and Gilgit-01 teams in action during the 2nd semi final of Jashn-e-Baharan Free Style Polo Tournament at Aga Khan Shahi Polo Ground
APP26-090623 GILGIT: June 09 - Players from Halqa-01 and Gilgit-01 teams in action during the 2nd semi final of Jashn-e-Baharan Free Style Polo Tournament at Aga Khan Shahi Polo Ground. APP/AHS/MAF/ABB/TZD
Players from Halqa-01 and Gilgit-01 teams in action during the 2nd semi final of Jashn-e-Baharan Free Style Polo Tournament at Aga Khan Shahi Polo Ground
APP26-090623 GILGIT:

Players from Halqa-01 and Gilgit-01 teams in action during the 2nd semi final of Jashn-e-Baharan Free Style Polo Tournament at Aga Khan Shahi Polo Ground

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Players from Halqa-01 and Gilgit-01 teams in action during the 2nd semi final of Jashn-e-Baharan Free Style Polo Tournament at Aga Khan Shahi Polo Ground
APP24-090623 GILGIT: June 09 - Players from Halqa-01 and Gilgit-01 teams in action during the 2nd semi final of Jashn-e-Baharan Free Style Polo Tournament at Aga Khan Shahi Polo Ground. APP/ AHS/MAF/ABB/TZD
Players from Halqa-01 and Gilgit-01 teams in action during the 2nd semi final of Jashn-e-Baharan Free Style Polo Tournament at Aga Khan Shahi Polo Ground
APP24-090623 GILGIT:
Players from Halqa-01 and Gilgit-01 teams in action during the 2nd semi final of Jashn-e-Baharan Free Style Polo Tournament at Aga Khan Shahi Polo Ground
APP25-090623 GILGIT: June 09 – Players from Halqa-01 and Gilgit-01 teams in action during the 2nd semi final of Jashn-e-Baharan Free Style Polo Tournament at Aga Khan Shahi Polo Ground. APP/AHS/MAF/ABB/TZD

People to get federal laws’ access through Pakistan Code website; Tarar

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People to get federal laws' access through Pakistan Code website; Tarar

ISLAMABAD, Jun 09 (APP):Federal Minister for Law and Justice Senator Azam Nazir Tarar on Friday said that Pakistan code was a new website launched by the Law Ministry which aimed at making the Federal Laws accessible to the general public, judges, prosecution, lawyers, law students and researchers, anywhere, anytime via their channel of choice.


The minister expressed these views while meeting a delegation of lawyers from different Bar Associations of Punjab. Secretary Law Raja Naeem Akbar briefed the meeting about the launch of new website named as Pakistan code which included all the up to date laws.


Matters related to the legal education and Bar vocational training program were also discussed in the meeting.
The participants also discussed matters regarding the training courses for lawyers.


The participants of the meeting appreciated the efforts of the Law Minister for giving special attention to the education and training of young lawyers to improve the quality of service in the legal profession.

Female visitors selecting and purchasing artificial jewelry from a roadside vendor during their visit

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Female visitors selecting and purchasing artificial jewelry from a roadside vendor during their visit
APP22-090623 NARAN: June 09 - Female visitors selecting and purchasing artificial jewelry from a roadside vendor during their visit. APP/SYR/MAF/ABB/TZD
Female visitors selecting and purchasing artificial jewelry from a roadside vendor during their visit
APP22-090623 NARAN:
Female visitors selecting and purchasing artificial jewelry from a roadside vendor during their visit
APP23-090623 NARAN: June 09 – Women wearing traditional Kashmiri cap on her head from roadside vendor at Naran Bazaar. APP/SYR/MAF/ABB/TZD

Staffers pushing cart loaded with copies of Pakistan Economy Survey 2022-23 at Parliament House

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Staffers pushing cart loaded with copies of Pakistan Economy Survey 2022-23 at Parliament House
APP19-090623 ISLAMABAD: June 09 – Staffers pushing cart loaded with copies of Pakistan Economy Survey 2022-23 at Parliament House. APP/ADZ/MAF/ABB/TZD
Staffers pushing cart loaded with copies of Pakistan Economy Survey 2022-23 at Parliament House
APP19-090623 ISLAMABAD:
Staffers pushing cart loaded with copies of Pakistan Economy Survey 2022-23 at Parliament House
APP20-090623 ISLAMABAD: June 09 – Staffers unloading copies of Pakistan Economy Survey 2022-23 at Parliament House. APP/ADZ/MAF/ABB/TZD
Staffers pushing cart loaded with copies of Pakistan Economy Survey 2022-23 at Parliament House
APP21-090623 ISLAMABAD: June 09 – A large number of police officials standing outside Parliament House for budget session. APP/ADZ/MAF/ABB/TZD