The 2022–23 Federal Budget of Pakistan was presented on 10 June 2022 by Finance Minister Miftah Ismail, with Rs 9.5 trillion budgeted for expenditure in financial year 2022–2023, which was nearly a trillion higher than the previous financial year. On 29 June 2022, the National Assembly of Pakistan approved the passage of the Finance Bill, 2022. In February 2023, Pakistani cabinet approved 'Finance Supplementary Bill 2023' for Mini Budget. The budget for FY2022-23 aimed to raise Rs. 7 trillion ($34.6 billion) in tax revenue, raise Rs. 372 billion ($1.8 billion) from Sukuk and Eurobonds, target a primary surplus of 0.2% of GDP, target a fiscal deficit of 49% of GDP and meet IMF benchmarks.
Budgetary Policies.
"Dawn" reported the following budget measures:
"Bloomberg News" reported the following budget measures:
PricewaterhouseCoopers (PwC) International listed the following budget measures:
References.
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