Discuss.

In simple words, the budget is "the rich get richer & the poor get poorer". This is what our policymakers have been doing all the time.

What I learnt. In light of previous budget.

1. Punjab still getting major chunk. Balochistan is neglected.

2. Lesser amount got appropriated to pay foreign debts.

3. 70,000 million added to military and only 572 million to education. (Not even 1 percent increase as compared to former). Where 9000 million more are going to Public Safety as separate chapter.

4. Economic affair proportion even less then 2013 budget.

5. Health getting more then previous about 600 million more.

6. 400 million for recreation and religious issues.

7. 300 million reduced for Social Protection.

8. Subsidies got a reduction of 1 lac million Rs.

9. Internship program decreased 60 percent less. Bad News for many eating the government by sitting at their homes.

10. GDP forecast is said to be targeted from 5.1 today to 6.1 in 2015-16 and to 7.1 for 2016-17.

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If I am what I have and if I lose what I have, who then am I?

The total outlay of the budget 201516
is Rs.4,451.3 billion.
The size of the outlay is 3.5 percent higher than the size the budget estimates of 201415.
The resource availability during 201516
has been estimated at Rs.4,168.3 billion against
Rs.4,073.8 billion in the budget estimates of 201415.
The net revenue receipts of 201516
have been estimated at Rs.2,463.4 billion, indicating an
increase of 10.7 percent over the budget estimates of 201415.
The provincial share in federal taxes is estimated at 1,849.4 billion during 201516,
which is 7.5
percent higher than the budget estimates for 201415.
The net capital receipts for 201516
have been estimated Rs.606.3 billion against the budget
estimates of Rs.690.7 billion in 201415
a decline of 12.2 percent.
The external receipts in 201516
are estimated at Rs.751.5 billion which shows an increase of
12.2 percent.
The overall expenditures during 201516
has been estimated 4,451.3 billion, out of which the
current expenditure is Rs.3,482.2 billion and development expenditure is Rs.969 billion.
The share of current and development expenditure respectively in total budgetary outlay for
201516
is 78.2 percent and 21.8 percent.
The expenditure on general public service is estimated at Rs.2,446.6 billion which is 70.3 percent
of the current expenditure and
The other development expenditure outside PSDP for 201516
has been estimated at Rs.164.4
billion. (APP)

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♥ Alis volat propriis ♥

SOURCES OF FUNDS

--------------------------------2015-16-----------2014-15---------ChangeNet
------------------------------------Rupees in Billion ---------------------%

Revenue Receipts*---------------- 2,464 ------------2,378-------------- 3.6

External Receipt ---------------------606------------- 603-------------- 0.5

Net Capital Receipts -----------------751------------- 692 -------------- 8.5

privatization Proceeds -----------------50--------------18 --------------177.8

Provincial Surplus--------------------- 297 ------------142-------------- 109.2

Bank Borrowings ----------------------283------------- 402-------------- -29.6

Total -------------------------------4,451----------- 4,235--------------- 5.1



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APPLICATION OF --------------------2015-16------------- 2014-15---------- Change
FUNDS------------------------------------ Rupees in Billion--------------------- %

General Public Service------------------ 2,701---------------- 2,761----------- -2.2
including Debt Servicing

Defense Affairs and ----------------------781------------------ 720------------ 8.5
services

Development Expenditure ----------------969 ------------------ 754 ----------- 28.5

Total ---------------------------------4,451 ---------------- 4,235 ------------ 5.1


-------------------------------------------------------------------------------------

*NET REVENUE----------------------2015-16 -------------- 2014-15 -------- Change
RECEIPTS ----------------------------------Rupees in Billion-------------------- %

Tax Revenue -------------------------3,418 ------------------2,910 ----------- 17.5

Non-tax Revenue -----------------------895-------------------1,042---------- -14.1

Gross Revenue -----------------------4,313 -------------------3,952 ------------ 9.1
Receipts

Less: Provincial Share-----------------1,849 -------------------1,574------------ 17.5
in Taxes

Total --------------------------------2,464 -------------------2,378------------- 3.6

This is a pro-poor budget but we also have to keep the rich in mind.” M.o.f ishaq dar

Yes it is Poor’s people budget, today in express tribune; a writer cited an apposite quotation on above statement.

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it” – Joseph Goebbels…. .

Taxes are increased, on mobile phones, cosmetics, and other things, required for daily routine. On the other hand, segments of the airlines industry have been let off from taxes all together. Poor people’s budget can be justify on the basis of if they have aero planes, I ever seen mobile phones in the hands of poor peoples, but never ever experienced that a ordinary man has an aero plane.

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LOVE all, TRUST a few, do WRONG to none......

right,budget 2015-16 is just a traditional budget having nothing special for the poor ,and ofcource me also, who had expectations from newly elected govt.......its just an old wine in new bottle.A pro-poor and rich oriented BUDGET IT IS......

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I AM NOT SAYING THAT I AM THE BEST. I JUST SAY THAT I DESERVE IT:)

I have some question plz senior answer thanks.

(1) - what is Tax to GDp ratio in 2015-16 budget.

(2) - Why fed Gov announce budget on 3rd june . Why not on 30 june.

(3) - what is growth rate in 2015-16 budget

(4) The federal budget was 2016-17 or 2015-16 I am confused

plz help

Pakistan is under massive debts so all the budgets are somehow same.

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A successful person is one who can lay a firm foundation with the bricks that other throw at him. (David Brinkley)