Understanding Pakistan's Federal Budget 2024-25
Understanding Pakistan's Federal Budget 2024-25
Join Whatsapp Group for Notes and other Details.
https://chat.whatsapp.com/LJAspyUIfDb...
Whatapp only:
0335 4044194
The Federal Budget for FY2024-25 in Pakistan provides a snapshot of the government’s estimated revenues and expenditures. Here are the key takeaways:
Total Spending: The budget estimates total spending to be 18.9 trillion Pakistani rupees (approximately $67.84 billion) for the fiscal year 2024-25.
Debt Servicing: Debt servicing is projected to be 9.8 trillion rupees in the same period1.
Defence Expenditure: The budget allocates 2.1 trillion rupees for defence expenditure in 2024-25.
Economic Growth Target: The government aims for 3.6% economic growth during the fiscal year1.
Fiscal Deficit: The fiscal deficit is expected to be 6.9% of GDP.
The government has also implemented reforms, including end-to-end digitization at the Federal Board of Revenue and the use of AI to enhance tax compliance. Austerity measures have curtailed non-essential spending, creating fiscal space for pro-poor initiatives and climate change mitigation.
#css_pms #currentaffairs #budget2024_25
budget 2024-25,federal budget 2024-25,budget 2024-25 pakistan salary,kpk budget 2024-25,budget 2024-25 pakistan,union budget 2024-25,budget 2024,federal budget,union budget 2024-25 live,union budget 2023-24,union budget 2024-25 mcqs,budget,federal budget 2024,budget 2024 live,budget 2024 news,budget 2024 stocks,2024 budget,budget 2024 income tax,budget 2024-2025,pakistan budget 2024-25,india budget 2024,budget session 2024,budget 2024 pakistan
Email: [email protected] **********
******** FB: / quick-review-109123404355562
******** tELEGRAM : https://t.me/QuickReview_QR
******** / @quickreview_qr
*************_________________________________**********
Political science Playlist:
• Political Science
US History Playlist:
• History of USA
Islamic History Playlist:
• Islamic History
Pakistan Studies Playlist:
• Pak Studies
IndoPak History Playlist:
• Indo-Pak History
Geography Playlist:
• Geography
IR Playlist:
• International Relations
Biology Playlist:
• Biology Series
Constitutional Law Playlist:
• Constitutional Law