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What are the challenges faced by the fiscal sector in Pakistan?

The governments high level of spending is the primary reason for the countrys fiscal challenges. Pakistans government expenditures have been increasing docHubly over the past few years, which has led to a substantial increase in its budget deficit.

What are the types of government expenditure in Pakistan?

This study found that labor force, gross capital formation, research and developmental expenditure , military expenditure and interest payment on external debt are docHub at 1%, expenditure on education, and compensation to employees are docHub at 5% and goods and services expenditure is docHub at 10%

What are the major heads of expenditure in Pakistan?

In the budget 2021-22, Rs1. 3 trillion or 18% of the current expenditure has been set aside for defence services, Rs500+ billion for pensions and Rs479 billion for running of the civil government, besides interest payments claiming the lions share of 40%. Other major heads include grants and transfers of Rs1.

What are the components of budget in Pakistan?

The Federal Budget in the country comprises of Revenue Budget and Capital Budget. While the Revenue Budget is constituted by both Revenue Receipts as well as the Current/Non-development Expenditures; the Capital Budget comprises both Capital Receipts and Developmental Expenditure.

What are the components of public expenditure in Pakistan?

government: More than 53 percent of federal governments expenditure is on interest payments on debt, defense spending and salaries and remuneration. Another 29 percent is allocated towards subsidies and grants (such as on electricity and oil).

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How much does the government spend in Pakistan 2023?

The Pakistani government presented the annual budget for the fiscal year 2023-2024 in parliament on Friday, totaling 14 trillion rupees (approximately $50.4 billion) amid political tensions and high inflation.

What is the fiscal deficit of Pakistan?

Fiscal deficit reduced to 4.6% of GDP (Rs. 3,929.3 billion) during Jul-Apr FY2023 against 4.9% of GDP (Rs. 3,275.2 billion) in the same period of last year. Similarly, the primary balance posted a surplus of Rs.

What is the total expenditure of Pakistan?

ing to the budget, the countrys total expenditure for the next fiscal year starting on July 1 is 13,320 billion rupees, with gross revenue estimated at 12,163 billion rupees.

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What are the challenges faced by the fiscal sector in Pakistan?

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What are the components of public expenditure in Pakistan?

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How much does the government spend in Pakistan 2023?

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Get the up-to-date Pakistan Public Expenditure Review: Reform Issues and Options 2024 now

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How to modify Pakistan Public Expenditure Review: Reform Issues and Options in PDF format online

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Got questions?

What are the challenges faced by the fiscal sector in Pakistan?

What are the types of government expenditure in Pakistan?

What are the major heads of expenditure in Pakistan?

What are the components of budget in Pakistan?

What are the components of public expenditure in Pakistan?

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People also ask

How much does the government spend in Pakistan 2023?

What is the fiscal deficit of Pakistan?

What is the total expenditure of Pakistan?

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