Jump to content

2020–21 Pakistan federal budget

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Mwallace2000 (talk | contribs) at 23:37, 29 July 2020. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

2020-2021 (2020-2021) Federal Budget 2020-2021
Submitted byHammad Azhar
Submitted toNational Assembly
Presented12 June 2020
ParliamentPakistan
PartyPakistan Tehreek e Insaf
Finance ministerHammad Azhar
TreasurerMinistry of Finance
‹ 2019-20
2021-2022›

The Federal budget 2020-2021 is the federal budget of Pakistan for the fiscal year beginning from 1 July 2020 and ending on 30 June 2021. The budget was presented in the Parliament by the Federal Minister Hammad Azhar.[1] It is also called Corona budget as it was presented during the Corona Crisis.[2] The government called the budget a Relief budget but major opposition parties PPP and PML-N called it People's enemy budget.[3]

Features

The total size of the budget is Rs 7,136 billion.[2]

Rs1.289 trillion for defense (12 per cent higher than the last budget),Rs83.3 billion for education (7.9 per cent from higher than the last budget), Rs 70 billion were allocated for preventing coronavirus, Rs 80 billion for special economic zones. No new taxes were introduced in the budget.[2]

References

  1. ^ https://www.arynews.tv/en/budget-2020-21-hammad-azhar-final/amp/
  2. ^ a b c "Pakistan unveils Rs 7.13 trillion budget, defence gets around 1.3 trillion". 13 June 2020. Retrieved 13 June 2020.
  3. ^ "Opp chants slogans in NA, stages walkout during budget speech". 13 June 2020. Retrieved 13 June 2020.