Times of Islamabad

Punjab Budget 2018-19 highlights

Punjab Budget 2018-19 highlights

LAHORE: Folling are the highlights of the Punjab Budget 2018-19:-

Budget Outlay Rs 2,026.5 billion

Development Budget Rs 238.0 billion

Current Budget 1,264.5 billion.

(Allocation of Major Sectors)

Education Sector Rs 373 billion

Health Sector Rs 284.5 billion

Public Sector Infrastructure Rs 149 billion

Agriculture Sector Rs 132 billion

Public Safety and Law & Order Rs 173.7 billion

Key Features

Realistic & corrective budget

*FBR target at Rs 4,435 billion

*Provision for Estimated Provincial Surplus (Rs.147.8

billion) in support of Federal Government’s obligation to meet

Fiscal Deficit Target (Explained Below)

*Better fiscal discipline through austerity measure.

*10% Salary and Pension enhancement and other benefits.

*Broadening the tax base and raising additional Rs. 71.5

billion.

*Funding the un-funded liabilities of Govt. of the Punjab

i.e Pension, Commodity operations etc.

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