The Finance Minister Ishaq Dar on Saturday
presented the budget 1999-2000.
Text of Budget Speech
| Salient Features of Budget Following
is the Budget 1999-2000 at a glance:
(Rs. in Billion)
1999-2000
|
| 1.
Net Federal Reveue RI |
42.9 |
A) Tax revenue
-Taxes on Income and Wealth (Direct) 127.0
-Taxes on Commodities and
Transactions (indirect Taxes) |
356.0
229.0 |
|
|
B) Non Tax
Revenue
-Income from Property & Enterprises 75.1
-Receipts from Civil Administration
and Miscellaneous 66.5 |
|
141.7
|
|
C) Surcharges
-Natural Gas 5.2
-Petroleum |
58.1
|
63.3
|
|
D) Gross Revenue
Receipt
-Less Provincial Share in Taxes |
138.0 |
560.9
|
|
| E) Net Federal
Revenue R |
|
422.9 |
|
| 2.
Net Capital Receipt |
44.1 |
(a) Receipts 93.8
(b) Disbursement |
49.6
|
|
|
| 3.
External Resources |
185.0 |
(i) Project Aid
43.6
(ii) Non Project Aid 141.4 |
|
|
|
| 4.
Self-Financing of PSDP by Provinces |
3.9 |
| 5.
Credit from Banking SE |
-13.7 |
| 6. Total Resources
(1 To 5) |
642.2 |
| 7.
Current Expenditure |
525.9 |
-Running of Civil
Govt. 48.3
-Defence
-Subsidies 2.4
-Debt Servicing 287.4
-Grants
-Unallocable 7.7 |
|
142.0
38.0
|
|
| 8.
Development Expenditure |
116.3 |
i) Federal
Government
-Federal Ministries/Divisions 45.2
-Corporations 38.7
-Special Programme 3.6 |
87.5
|
|
|
ii) Provincial
Programmes
-Punjab 12.2
-Sindh 6.7
- NWFP 4.94
- Balochistan 5.0 |
|
28.8
|
|
| 9. Total
Expenditure (7+8) |
642.2 |
|
