The Budget Deficit In The First Six Months Was Recorded At Rs. 1393 Billion

In the first six months of the current financial year, the budget deficit was recorded at Rs. 1393 billion.

According to the details, government revenue and expenditure report came out in the first six months of the current financial year.

In the first six months of the current financial year, the total revenue collected was Rs. 3072 billion while the total revenue target was set at Rs. 6573 billion.

In the first six months, the government has collected more than Rs 200 billion less than the target.

In the first six months of the current financial year, government expenditure was Rs. 3185 billion while the total government expenditure was estimated at Rs. 7136 billion.

In the first six months, the budget deficit was recorded at Rs 1393 billion and the fiscal deficit at Rs 1138 billion.

In the first six months, FBR revenue stood at Rs 2210 billion while the target for FBR revenue was set at Rs 4963 billion in the financial year 2020-21.

In the first six months, non-tax revenue of Rs 862 billion was collected while the target for non-tax revenue was set at Rs 1610 billion.

In the first six months of the financial year, the government collected Rs 275 billion in revenue from petroleum levy and Rs 35 billion in non-tax revenue from oil and gas royalties. Rs 10 billion was also collected from gas infrastructure development.

The government paid Rs 1475 billion in interest on loans in six months. Rs 1357 billion was paid on domestic loans while Rs 118 billion was paid on external loans.

In the first six months of the current financial year, defense expenditure was Rs 487 billion while civil expenditure was Rs 195 billion.

The government paid Rs 210 billion in pensions in the first six months and also gave Rs 129 billion in subsidies to the people.


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