HIGHLIGHTS OF PUNJAB GOVT. BUDGET 2020-21

The Government of Punjab recently announced Provincial Budget for 2020-21. Government has budgeted total estimate of revenues as Rs 2,240.63bn and expenditure as Rs 2115.63bn. A total of Rs 336.5bn was allocated for School Education Department. The Health Care Department was allocated Rs 134 bn by the #Punjab Government. Irrigation Department received 45bn out ofContinue reading “HIGHLIGHTS OF PUNJAB GOVT. BUDGET 2020-21”

LOAN TARGET IN FY21

Pakistan seeks $15b loans in FY21 > Pakistan plans to seek $15 billion gross foreign loans in the next fiscal year aimed at servicing its maturing external public debt and building official foreign exchange reserves in the absence of non-debt creating inflows. > Out of the $15 billion estimated external borrowings in fiscal year 2020-21,Continue reading “LOAN TARGET IN FY21”

#PAKISTAN POPULATION GROWTH RATE

Pakistan’s #Population Growth Falls to 1.89%: Economic Survey As reported by the Economic Survey of #Pakistan (ESP), the population growth rate of the country has fallen. As compared to 2018, the year that saw 2.4% population growth, 2019 saw a slight depletion in the growth rate as it stood at 1.89%. If the state’s plansContinue reading “#PAKISTAN POPULATION GROWTH RATE”

FAWAD CHAUDHRY HUSSAIN ANNOUNCEMENT:

Pakistan All Set to Become An Exporter of Medical Equipment Federal Minister for Science and Technology, Chaudhry Fawad Hussain has revealed that Pakistan is in a position to export safety equipment in the health sector which is a big milestone. He was addressing a news conference after signing a Memorandum of Understanding (MoU) between MinistriesContinue reading “FAWAD CHAUDHRY HUSSAIN ANNOUNCEMENT:”

BUDGET 2020-21

Budget Pakistan 2020-21 salient Features. Total Budget: Rs 7,294.9 Billion Rupees Special Economic Zone: 80 Billion The sales tax rate for big retailers has been decreased from 14 to 12 %. Net Revenue receipts for 2020-21: Rs 3,699.5 billion Development Expenditures outside PSDP: Rs.70 Billion PSDP 2020-21: Rs 1324 Billion out of which Ra 676Continue reading “BUDGET 2020-21”

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