The Punjab fiscal year 2024-25 budget with a total outlet of Rs 5370 billion will be presented today (Thursday).
Acting Governor Malik Muhammad Ahmed Khan has allocated the day for the purpose under rule 134 of the Rules of Procedure of the Punjab Assembly 1997.
The Punjab Assembly secretariat has issued a notification to the effect, says a press release, adding the budget session will start at 2pm.
Punjab is expected to receive Rs3700 billion from the federation under the NFC award, with a provincial revenue target of Rs1026 billion rupees.
The expenditure breakdown includes Rs595 billion for salaries, Rs445 billion for pensions, Rs840 billion for service delivery costs, and Rs700 billion for the development budget. Specific allocations feature Rs30 billion for a Ramadan Package and Rs8 billion for the Central Business District (CBD).
The budget outlines 1863 total schemes, comprising 1617 ongoing schemes and 246 new schemes.
Sector-wise allocations are as follows: 1210.74 billion rupees for roads, 2 billion rupees for special education, 3.50 billion rupees for literacy and non-formal education, 4.875 billion rupees for sports and youth affairs, 76.615 billion rupees for specialized health care, 33.897 billion rupees for primary health care, 3 billion rupees for population welfare, 8.99 billion rupees for water supply and sanitation, 1.0579 billion rupees for social welfare, 0.926 billion rupees for women development, and 14.048 billion rupees for local government.
budget will receive final approval from the cabinet before being presented in the assembly.
