Pakistan Budget for FY 2026-27

[Blueishere]

Yes, that's what they're doing. For the first time I have great hope.

We are not under sanctions, our enemies have been contained on their side of the borders, there's no squabbling between the military and the civilian rulers, and the world is rediscovering Pakistan.

We have $40 billion in exports and $40 billion in remittances. That's $80 billion coming to Pakistan annually. The economy has stabilised and 650 reforms were carried out last year.

Things can only get better Insha'Allah.

Ok, can you explain the reasoning for bringing down the education spending? And also the government says it wants a "export" economy but we don't see investment into those sectors, why is that? I also read through these reforms and none of them are substantially beneficial to the country at large.(the link u sent)

 

[Blueishere]

Indian states collect more taxes and transfer some of it to Delhi if Im not wrong. So rich states per capita budget is higher.

See the poorest states get least budget per capita budget in India.

State	Total Budget (FY 24-25)	Est. Population (2024)	Per Capita Budget
Punjab	₹2.04 Lakh Cr	~3.1 Crore	~₹65,800
Maharashtra	₹6.00 Lakh Cr	~13.0 Crore	~₹46,100
Tamil Nadu	₹3.48 Lakh Cr	~7.7 Crore	~₹45,100
Uttar Pradesh	₹7.36 Lakh Cr	~24.0 Crore	~₹30,600
Bihar	₹2.78 Lakh Cr	~13.0 Crore	~₹21,300

Meanwhile Pakistan where 95% of tax is collected by federal govt is other way around. Punjab per capita budget is least after 7th NFC award.

Province / Territory	Total Budget (FY 24-25)	Population (2023 Census)	Per Capita Budget
Gilgit-Baltistan	Rs. 140.1 Billion	~1.71 Million	~Rs. 82,000
Balochistan	Rs. 955.6 Billion	~14.89 Million	~Rs. 64,100
Sindh	Rs. 3.05 Trillion	~55.69 Million	~Rs. 54,800
AJK	Rs. 224 Billion	~4.33 Million	~Rs. 51,600
Khyber Pakhtunkhwa	Rs. 1.75 Trillion	~40.85 Million	~Rs. 42,900
Punjab	Rs. 5.44 Trillion	~127.68 Million	~Rs. 42,600

Bihar/UP would love Pakistan like NFC.

Problem with Pakistan NFC is our debt has 10x in the last decade because all the funds go to provinces and central has to borrow. Also no local civil governance and incentive for provinces to perform or allocate funds better.

 

[Pakistan Space Agency]

Ok, can you explain the reasoning for bringing down the education spending?

Brother, you're expecting the minutes from the cabinets meeting and I don't have that details.

Everything is done on priority basis as per my humble understanding.

And also the government says it wants a "export" economy but we don't see investment into those sectors, why is that?

This is only the second year of the PML-N tenure. We don't have the data for the full second year yet, only 11 months for the Goods Exports and 10 months for the Services Exports. We won't have accurate information until middle of July.

Anyway, combined exports target is $60 billion by 2030. Let's see if they can achieve an increase of $20 billion in the next 4 years.

Government	Gov. Year	Financial Year	Combined Exports (Goods + Services)
PDM	Year-01	2022-2023	$35.33 billion
PDM /Caretaker / PML-N	Year-02	2023-2024	$38.45 billion
PML-N	Year-01	2024-2025	$40.44 billion
PML-N	Year-02	2025-2026	$36.16 billion (11 and 10 months data)
PML-N	Year 03	2026-2027	TBC
PML-N	Year-04	2027-2028	TBC
PML-N	Year-05	2028-2029	TBC

I also read through these reforms and none of them are substantially beneficial to the country at large.(the link u sent)

What are reforms? Pakistan needs thousands of more reforms.

It took China 30-years of reforms with a one party system.

 

[ghazi52]

 

[c14-Isotope]

Surplus is province money which they dont spend but keep in bank accounts to earn interest.

Now FBR tax collection target is 15 trillion but provinces will only get share from first 13 trillion. Anything above it, federal will keep it as grant.


View attachment 201885

Surplus is not kept in bank accounts but returned back to centre

Provinces deliver Rs1.2 trillion to Centre as revenues slip

Punjab leads with Rs609bn cash surplus, followed by Sindh’s Rs354bn.

www.dawn.com

If the IMF dictated surplus requirements remain, and additionally provinces are giving grants back to federal government... then it only means that the snake has started eating its tail.