Islamabad: The federal government is likely to present the budget on June 9, while the size of the defense budget is expected to be around 1700 billion rupees.
The federal government is expected to present the federal budget for the next fiscal year, which is worth more than 1500 billion rupees, on June 9. (PSDP) volume is 700 billion rupees, while the target of current account deficit is 8 billion dollars and the size of the defense budget is expected to be around 1700 billion rupees.
According to the Ministry of Finance, the meeting of the annual plan coordination committee has been called on June 2 in relation to the budget for the next fiscal year 2024-23 and the meeting of the National Economic Council will be held on June 3, which will be chaired by Prime Minister Shahbaz Sharif, in which the new fiscal year Budget targets will be finalized for
According to the Ministry of Finance, 700 billion rupees have been proposed for the federal development program in the budget, but the Prime Minister can increase the federal development program up to 1000 billion rupees.
According to the sources, the process of consultation with the International Monetary Fund (IMF) team will continue to consider finalizing the measures in the context of IMF conditions.
