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[SUMMARY] Pakistan Budget 2024
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The Pakistan National Budget; Fiscal Year 2023
| GDP | 323,543,167,009K |
|---|---|
| GDP Growth Rate | 5.98% |
| GDP Per Capita | $1,380 |
| Population | 234,397,826 |
Economic Growth
| Base Bonus | Shock Bonus | All Other Bonuses | Trade Bloc Bonus | Long Term Shock Bonus | Total Bonus |
|---|---|---|---|---|---|
| 2.00% | 2.30% | 1.68% | 5.98% |
Annual Statements
| Effective Taxation Rate | 16.4% |
|---|---|
| Revenue | 53,061,079,389K |
| Expenditures | 77,423,879,865K |
| Surplus/Deficit | -24,362,800,476K |
| Soverign Debt | Interest | Debt Servicing | Deficiet | Change | New Sovereign Debt |
|---|---|---|---|---|---|
| 305,716,374,393 K | 9,171,491,232 K | 6,470,863,340 K | -24362800475.76 K | 27063428367.37 K | 332,779,802,760 K |
Budgetary Breakdown
| Sector | Expenditure | % of Budget | New GDP% | Prev. GDP% | GDP Δ% | Previous Expenditure | Δ Expenditure |
|---|---|---|---|---|---|---|---|
| General Government | $ 25,883,453,360.70 K | 33.43% | 8.00% | 8.00% | 0.00% | $ 24,422,960,332.80 K | |
| Defence | $ 12,941,726,680.35 K | 16.72% | 4.00% | 4.00% | 0.00% | $ 12,211,480,166.40 K | |
| Foriegn Aid | $ 32,354,316.70 K | 0.04% | 0.01% | 0.01% | 0.00% | $ 30,528,700.42 K | |
| Science & Technology | $ 3,235,431,670.09 K | 4.18% | 1.00% | 1.00% | 0.00% | $ 3,052,870,041.60 K | |
| Energy | $ 1,682,424,468.45 K | 2.17% | 0.52% | 0.52% | 0.00% | $ 1,587,492,421.63 K | |
| Resources & Environment | $ 808,857,917.52 K | 1.04% | 0.25% | 0.25% | 0.00% | $ 763,217,510.40 K | |
| Agriculture | $ 1,617,715,835.04 K | 2.09% | 0.50% | 0.50% | 0.00% | $ 1,526,435,020.80 K | |
| Infrastructure & Transportation | $ 8,412,122,342.23 K | 10.87% | 2.60% | 2.40% | 0.20% | $ 7,326,888,099.84 K | |
| Education & Training | $ 808,857,917.52 K | 1.04% | 0.25% | 0.25% | 0.00% | $ 763,217,510.40 K | |
| Labour & Social Services | $ 3,235,431,670.09 K | 4.18% | 1.00% | 1.00% | 0.00% | $ 3,052,870,041.60 K | |
| Health | $ 970,629,501.03 K | 1.25% | 0.30% | 0.20% | 0.10% | $ 610,574,008.32 K | |
| Social Security | $ 11,324,010,845.31 K | 14.63% | 3.50% | 3.50% | 0.00% | $ 10,685,045,145.60 K | |
| Debt Servicing | $ 6,470,863,340.18 K | 8.36% | 2.00% | 2.00% | 0.00% | $ 6,105,740,083.20 K | |
| Total Spending | $ 77,423,879,865.20 K | 100.00% | 23.93% | 23.63% | 0.30% | $ 72,139,319,083.01 K | Servicing |
Notes: Continued increases in spending on healthcare, infrastructure, and agriculture to reflect current econposting.
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