Explanatory Memorandum on Federal Receipts
The Explanatory Memorandum on Federal Receipts is part of the federal budget for FY 2023-24. This page reproduces the text of its 101 PDF pages, extracted automatically from the official PDF published by the Finance Division, Government of Pakistan.
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Page 1
FEDERAL BUDGET
2 0 2 3 - 2 4
GOVERNMENT OF PAKISTAN
FINANCE DIVISION
ISLAMABADPage 2
No text layer on this page, see the official PDF.
Page 3
PREFACE
The Annual Budget Statement is prepared as per Article 80 of the Constitution of
Islamic Republic of Pakistan which contains estimated receipts and expenditure of the
Federal Government for Financial Year 2023-24 is being laid in the National Assembly
of Pakistan, which will also be transmitted to the Senate of Pakistan as required under
Article 73(1) of the Constitution of Islamic Republic of Pakistan.
The “Explanatory Memorandum on Federal Receipts” is an additional
supplement, which elaborates the nature and source of all the receipts included in the
Annual Budget Statement for better understanding of the readers.
The major Federal sources comprise revenue receipts, capital receipts, external
receipts and Public Account Receipts. All these receipts, except Public Account Receipts
become part of the Federal Consolidated Fund.
Furthermore, revenue has been categorized as tax and non tax revenue, whereas
capital receipts largely comprise domestic debt receipts and external debt receipts. For
better understanding, a dedicated portion titled "Estimates of Foreign Assistance" has
also been prepared highlighting major sources of external loans and grants for specific
projects and programmes.
The distribution of resources amongst the Federation and the Provinces as per the
7th National Finance Commission Award has also been included for ready reference.
I hope that this document would be more helpful for a comprehensive
understanding of all the Federal receipts.
IMDAD ULLAH BOSAL
Secretary to the Government of Pakistan
Finance Division,
Islamabad, the 9thJune, 2023Page 4
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CONTENTS
Page No.
Chapter 1: Overview of Federal Resources 1-2
Part- I Internal Receipts 3
Chapter 2: Revenue Receipts 4-6
Chapter 3: Tax Revenue Receipts 7
I. FBR Taxes 7-9
i. Direct Taxes
ii. Sales Tax
iii. Federal Excise Duty
iv. Customs Duty
Chapter 4: Non Tax Revenue Receipts 10
I. Levies and Fees 10-11
i. Mobile Handset Levy
ii. Receitps of ICT Administration
iii. Airport Fee
II. Income From Property and Enterprises 12-21
i. Surplus Profit of PTA & other Government
ii. Mark-up Receipts
iii. Dividend
III. Receipts from Civil Administration etc 22-28
i. General Administration Receipts
ii. Surplus Profit of State Bank of Pakistan
iii. Defence Services Receipts
iv. Law and Order Receipts
v. Community Services Receipts
vi. Social Services Receipts
IV. Miscellaneous Receipts 28-38
i. Economic Services Receipts
ii. Foreign Grants
iii. Other Receipts
iv. Extra Ordinary Receipts
v. Citizenship, Naturalization and Passport Fee
vi. Petroleum Levy
vii. Natural Gas Development Surcharge
viii. Royalty on Oil and GasPage 6
Page No.
ix. Discount Retained on Local Crude Oil
x. Windfall Levy against Crude Oil
xi. Gas Infrastructure Development Cess
Chapter 5: Provincial Share in Revenue Receipts 39-44
Chapter 6: Capital Receipts 45-53
I. Recoveries of Loans and Advances
II. Domestic Debt Receipts (Non Bank) - Net
III. Domestic Debt Receipts (Bank) - Net
Chapter 7: Public Account Receipts 54-59
I. Deferred Liabilities (Net)
II. Deposits and Reserves (Net)
Chapter 8: Privatization Proceeds 60
Part - II External Receipts 61
Chapter 9: Estimates of Foreign Assistance 62-95
I. Project Loans
II. Programme Loans
III. Other LoansPage 7
CHAPTER 1: AN INTRODUCTION TO FEDERAL RESOURCES 1.1 Resource Mobilization is essential to meet the recurring as well as development expenditure. At Federal level, resources are generated through a well-coordinated and concerted effort by the revenue collecting agencies and other administrative units. The money so raised are properly deposited in the national exchequer, precisely accounted for and accurately reported as per the principles of financial propriety. The constitutional requirements for maintaining the federal receipts are strictly adhered to Article 78(1) of the Constitution of Islamic Republic of Pakistan provides that all revenues received by the Federal Government, all loans raised by that Government and all moneys received by it in repayment of loan, shall form part of the Federal Consolidated Fund. Article 78(2) further provides that all other moneys received by or on behalf of the Federal Government shall be credited to the Public Account of the Federation. In pursuance thereof, the Federal Receipts are credited to Federal Consolidated Fund as well as the Public Account of Federation. 1.2 Federal Revenue Receipts are broadly categorized as Tax Revenue and Non-Tax Revenue. Federal Board of Revenue (FBR) is the major tax collecting agency as substantial portion of Tax Revenue is administered by it. Tax Revenue collected by FBR constitutes the Divisible Pool Taxes to be distributed amongst the Provinces along with other Straight Transfers in accordance with the provisions of National Finance Commission Award. 1.3 As per Section 2(ma) of the Public Finance Management Act, 2019 (amended), Non-Tax Revenue means revenues received by the Government in terms of clause (1) of Article 78 of the Constitution, and the recurring income of the Government from investments and provision of services but does not include those mentioned in clause (3) of Article 160 of the Constitution. 1.4 In addition to Revenue Receipts, there are Capital Receipts reflected in Annual Budget Statement. Capital Receipts comprise Recoveries of loans and advances from Provincial Governments, local bodies, financial institutions,etc. as well as Public Debt raised through various government securities. 1.5 Net proceeds of National Saving Schemes and net receipts from transactions under Deposits and Reserves head being Public Account Receipts, form part of Public Account of the Federation. 1.6 External Resources comprise of project loans and grants, programme loans and other loans which are received from specialized financial institutions and friendly countries for specific development needs and budgetary requirements. 1.7 Federal Receipts may also be classified as Internal Receipts and External Receipts. Internal Receipts comprise of Revenue receipts and Capital receipts. External Receipts comprise of project aid, loans and grants.
Page 8
1.8 Budget Estimates for Fiscal Year 2022-23 and 2023-24 in respect of total Federal Receipts
under different heads are as under;
TABLE 1
SUMMARY OF FEDERAL RESOURCES
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Revenue Receipts
B 1 Tax Revenue Receipts 7,470,000 7,200,000 9,415,000
FBR Taxes 7,470,000 7,200,000 9,415,000
B01 Direct Taxes 3,039,000 2,851,000 4,255,000
B02 Indirect Taxes 4,431,000 4,349,000 5,160,000
2 Non Tax Revenue Receipts 1,934,896.422 1,618,157.514 2,963,164.056
B03 Levies and Fees 35,151 22,457 29,433
Income from Property and C01 279,647 305,407 398,054 Enterprise
C02 Receipts from Civil Administration, etc. 354,044 403,802 1,168,492
C03 Miscellaneous Receipts 1,266,053 886,491 1,367,185
3 Total Revenue Receipts (1+2) 9,404,896.422 8,818,157.514 12,378,164.056
4 Capital Receipts 2,375,059.538 3,427,204.571 2,531,118.853
Recovery of Loans and Advances 253,576.000 322,656.000 632,200.000 E02
Domestic Debt Receipts (Net) 2,121,483.538 3,104,548.571 1,898,918.853 E03
Total Internal Receipts (3+4) 11,779,955.96 12,245,362.085 14,909,282.909 5
External Receipts 5,546,337.610 4,656,632.660 7,169,135.790 6
Loans 5,516,376.940 4,611,360.260 7,107,177.270
Grants 29,960.670 450,272.400 61,958.520
7 Total Internal and External Receipts (5+6) 17,326,293.57 16,901,994.75 22,078,418.70
Public Account Receipts (125,196.064) (389,377.814) 7,210.224 8
Deferred Liabilities (Net) (128,865.491) (438,270.857) (38,396.064)
Deposits and Reserves (Net) 3,669.427 48,893.043 45,606.288
9 Gross Federal Receipts (7+8) 17,201,097.51 16,512,616.93 22,085,628.92
10 Less Provincial Share in Federal Taxes 4,372,564.96 4,129,000.88 5,399,001.19
11 Net Federal Receipts 12,828,532.54 12,383,616.05 16,686,627.73Page 9
PART-I
INTERNAL RECEIPTS
(EXPLANATORY MEMORANDUM)Page 10
CHAPTER 2: REVENUE RECEIPTS
2.1 Revenue Receipts constitute major component of total Federal resources. Revenue
Receipts are mainly categorized as Tax Revenue Receipts and Non-Tax Revenue receipts, which
are largely derived from the following sources:-
i. Collection of Federal Taxes by FBR
ii. Surplus Profit of Regulatory Authories/Bodies
iii. Mark up on loans advanced by the Federal Government
iv. Dividend
v. Fees, penalties and other Miscellaneous receipts realized by
administrative Ministries and Divisions of the Federal Government
vi. Surcharges, Cess, Levy and Royalty on Petroleum
2.2 TAX REVENUE RECEIPTS
2.2.1 Tax Revenue is administered by the Federal Board of Revenue (FBR), which
comprises Inland Revenue i.e, Direct Taxes, Sales Tax and Federal Excise Duty, and Customs
Duty. FBR taxes may also be categorized as Direct Taxes and Indirect Taxes. Direct Taxes
comprise of Income Tax, Capital Value Tax , Ordinary Collection (WWE) and Contribution under
Companies Profits (WPPF).Indirect Taxes include Sales Tax, Federal Excise Duty and Customs
Duty.
2.3 NON TAX REVENUE RECEIPTS
2.3.1 Non-Tax Revenue means revenues received by the Government in terms of clause (1) of
Article 78 of the Constitution and the recurring income of the Government from investments and
provision of services but does not include those mentioned in clause (3) of Article 160 of the
Constitution. Non-Tax Revenue of the Federal Government is administered by various Ministries
/ Divisions/ Departments under the following broad categories:
i. Levies and Fees
ii. Income from Property and Enterprise
iii. Receipts from Civil Administration etc
iv. Surplus Profit of Regulatory Authories/Bodies
v. Dividend
vi. Misllaneous RecieptsPage 11
2.4 Summary of Revenue Receipts for Budget Estimates and Revised Estimates for Fiscal
Year 2022-23 and Budget Estimates for Fiscal Year 2023-24 are given as under;
TABLE 2
SUMMARY OF REVENUE RECEIPTS
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
I. TAX REVENUE 7,470,000.000 7,200,000.000 9,415,000.000
FBR Taxes (1+2) 7,470,000.000 7,200,000.000 9,415,000.000
B01 (1) Direct Taxes 3,039,000.000 2,851,000.000 4,255,000.000
B011 Taxes on Income 3,024,076.000 2,816,514.000 4,203,531.000
B01501 Ordinary Collection (WWF) 6,947.000 10,497.000 15,666.000
Contribution under Companies ProfitB01502 7,462.000 23,369.000 34,878.000 (WPPF)
B017-18 Capital Value Tax 515.000 620.000 925.000
B02 (2) Indirect Taxes 4,431,000.000 4,349,000.000 5,160,000.000
B020-22 Customs Duty 953,000.000 1,084,000.000 1,211,000.000
B023 Sales Tax 3,076,000.000 2,808,000.000 3,411,000.000
B024-25 Federal Excise Duty 402,000.000 457,000.000 538,000.000
II. NON TAX REVENUE (1+2+3+4) 1,934,896.422 1,618,157.514 2,963,164.056
B03 (1) Levies and Fees 35,151.480 22,457.480 29,433.040
B03087 Mobile Handset Levy 10,000.000 8,000.000 10,000.000
B013,14, Receipts of ICT Administration 25,098.480 14,404.480 19,380.04016,26-30
B03064 Airport Fee (CAA) 53.000 53.000 53.000
(2) Income from Property and
C01 279,647.490 305,406.670 398,054.128
Enterprise
C01008 PTA (4G/5G Licences) 50,000.000 74,000.000 72,597.000
C01008 PTA (Surplus) 9,000.000 1,628.000 1,628.000
Surplus Profit of other RegulatoryC01012 695.000 438.050 7,203.000 Authorities
C012 Mark up (Provinces) 39,652.490 39,652.490 77,201.128
C013-18 Mark up (PSEs & Other) 100,000.000 108,000.000 118,000.000
C019 Dividend 80,300.000 81,688.130 121,425.000
Contd….Page 12
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
(3) Receipt from Civil Admn and Other
C02 354,044.331 403,802.445 1,168,492.028
Functions
C021-24 General Administration 13,620.612 2,604.756 7,613.255
Surplus Profit of State Bank ofC02211 300,000.000 371,186.191 1,113,000.000 Pakistan
C025 Defence Services Receipts 30,222.297 25,222.396 41,255.754
C026 Law and Order Receipts 3,849.636 1,452.910 2,016.295
C027 Community Services Receipts 3,847.481 2,159.521 2,629.419
C028 Social Services Receipts 1,004.205 236.571 477.305
C029 Social Services Receipts (Misc) 1,500.100 940.100 1,500.000
C03 (4) Miscellaneous Receipts 1,266,053.121 886,490.919 1,367,184.860
C031-35 Economic Services Receipts 25,970.770 12,938.620 15,806.430
C03601 Foreign Grants 25,000.000 25,000.000 25,000.000
C03725 Extraordinary Receipts (UNO) 45,020.228 33,322.805 58,322.299
C037 Extraordinary Receipts (Others) 30.681 1,094.983 2,646.867
Citizenship, Naturalization & PassportC03897 35,000.000 32,003.000 59,004.000 Fee
C038 Other Receipts of Attached Depatts 56,031.442 44,681.511 65,405.264
C03901 Petroleum Levy 855,000.000 542,000.000 869,000.000
C03902 Natural Gas Development Surcharge 40,000.000 14,000.000 40,000.000
C03905 Royalty on Oil 46,000.000 54,000.000 50,000.000
C03906 Royalty on Gas 70,000.000 65,000.000 75,000.000
C03910 Discount Retained on Local Crude Oil 20,000.000 20,000.000 20,000.000
C03915 Windfall Levy against Crude Oil 10,000.000 30,000.000 35,000.000
C03916 Gas Infrastructure Development Cess 30,000.000 9,000.000 40,000.000
C03917 Petroleum Levy on LPG 8,000.000 3,450.000 12,000.000
Total Revenue (Other than FBR) 1,934,896.422 1,618,157.514 2,963,164.056
Total Revenue (including FBR) 9,404,896.422 8,818,157.514 12,378,164.056
Less Prov share in Federal Taxes 4,372,564.964 4,129,000.882 5,399,001.189
Net Federal Revenue Receipts 5,032,331.458 4,689,156.632 6,979,162.867Page 13
CHAPTER 3: TAX REVENUE RECEIPTS
3.1 FBR TAXES
3.1.1 Tax Revenue collected by Federal Board of Revenue (FBR) comprises Inland Revenue
Taxes and Customs Duty.The Inland Revenues include Direct Taxes,Sales tax and FED.The
Direct Taxes mainly comprise of Income Tax. The following table shows the Budget and Revised
revenue estimates for FY 2022-23 and Budget Estimates for FY 2023-24.
TABLE 3
ESTIMATES OF FBR TAXES
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
B01 Direct Taxes 3,039,000.000 2,851,000.000 4,255,000.000
B023 Sales Tax 3,076,000.000 2,808,000.000 3,411,000.000
B024-25 Federal Excise 402,000.000 457,000.000 538,000.000
B020-22 Customs Duties 953,000.000 1,084,000.000 1,211,000.000
Total 7,470,000.000 7,200,000.000 9,415,000.000
3.1.2 Detailed analysis of individual taxes/duties are highlighted below:
3.1.3 DIRECT TAXES
3.1.3.1 The revenue collection of Direct Taxes for July-April 2022-23 stood at Rs.2,514.9 billion
with growth of 44.2%.The revised target of Direct Taxes for FY 2022-23 has been estimated at
Rs.Rs.2,851.0 billion. The target for FY 2023-24 has been estimated at Rs.4,255.0 billion.
3.1.3.2 Along with Income Tax , Workers Welfare Fund (WWF) and Workers Profit
Participation Fund (WPPF) are also collected by field formation of Inland Revenue.The revised
budget estimate for receipts of WWF and WPPF for 2022-23 is Rs.10.5 billion and Rs.23.4 billion,
respectively. Whille for Capital Value tax (CVT) it is Rs. 0.6 billion.
3.1.3.3 The budget and revised estimates for financial years 2022-23 and budget estimates for
2022-23, on account of Direct Taxes are tabulated hereunder:Page 14
TABLE 4
DIRECT TAXES
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
B011 Income Tax 3,024,076.000 2,816,514.000 4,203,531.000
B017-18 Capital Value Tax (CVT) 515.000 620.000 925.000
B01501 Ordinary Collection (WWF) 6,947.000 10,497.000 15,666.000
Contribution under Companies ProfitB01502 7,462.000 23,369.000 34,878.000 (WPPF)
Total 3,039,000.000 2,851,000.000 4,255,000.000
3.1.4 Sales Tax
3.1.4.1 The revenue collection of Sales Tax for July-April FY 2022-23 stood at Rs.2,090.0
billion as against Rs.2,064.2 billion in the corresponding period of the last financial year showing
an increase of 1.2%. The revised target for FY 2022-23 is estimated at Rs.2,808.0 billion.The
target for FY 2023-24 has been estimated at Rs.3,411.0 billion.
TABLE 5
SALES TAX
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
B023 Sales Tax (excluding services) 3,071,528.000 2,797,452.000 3,398,342.000
B023 Sales Tax on Services (ICT) 4,472.000 10,548.000 12,658.000
B023 Total 3,076,000.000 2,808,000.000 3,411,000.000
3.1.5 Federal Excise Duty
3.1.5.1 The revenue collection of FED for July-April FY 2022-23 remained at Rs.281.2 billion as
against Rs.256.0 billion in the corresting period of the last financial year showing a growth of
9.8%. The Revised Budget Estimate for FY 2022-23 is projected at Rs.457.0 billion.The target for
FY 2023-24 has been estimated at Rs.538.0 billion.Page 15
TABLE 6
FEDERAL EXCISE DUTY
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
B024 Beverage & Beverage Concentrate 46,154.000 58,219.000 68,538.000
B024 Cement 100,138.000 89,312.000 105,141.000
B024 Cigarettes & Tobacco 152,656.000 180,939.000 213,009.000
B024 Natural Gas 12,024.000 12,143.000 14,295.000
B024 POL products 5,806.000 3,493.000 4,112.000
B024 Imported Goods 4,795.000 6,393.000 7,526.000
B024 Total Services 41,285.000 61,050.000 71,872.000
Sub-Total 362,858.000 411,549.000 484,493.000
Other Items 39,142.000 45,451.000 53,507.000
B024 Gross-Total 402,000.000 457,000.000 538,000.000
3.1.6 Customs Duty
3.1.6.1 The revenue collection of Customs Duty for July-April FY 2022-23,stood at Rs.751.9
billion showing a decline of (3.1)% as compared to the corresponding period of FY 2021-22.The
Revised Budget Estimate for FY 2022-23 is projected at Rs.1,084.0 billion.The target for FY 2023-
24 has been estimated at Rs.1,211.0 billion.Page 16
CHAPTER 4: NON TAX REVENUE
4.1 Non-Tax Revenue represents the recurring income earned by the Federal Government
from sources other than taxes. The major receipts under this head are "Interest receipts"
(received on loans extended by the Federal Government to provinces, Public Sector Enterprises
etc), dividends received from public sector entities and profits earned by various regulatory
authorities. Various services provided by the government i.e social services, community services,
economic services, defence services etc also yield revenue for the government. Broadly, Non-Tax
Revenue fall under four major heads i.e Levies and Fees,Income from Property and Enterprise,
Receipts from civil administration and other functions and Misc Receipts of the Federal Ministries,
Divisions and Departments.
4.2 Summary of Non-Tax Revenue for Budget and Revised Estimates for Fiscal Year 2022-23
and Budget Estimates for Fiscal Year 2023-24 are given below.
TABLE 7
Summary of Non-Tax Receipts
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
B03 Levies and Fees 35,151.480 22,457.480 29,433.040
C01 Income from Property and Enterprise 279,647.490 305,406.670 398,054.128
C02 Receipts from Civil Admn and other functions 354,044.331 403,802.445 1,168,492.028
C03 Miscellaneous Receipts 1,266,053.121 886,490.919 1,367,184.860
TOTAL 1,934,896.422 1,618,157.514 2,963,164.056
4.3 Levies and Fees
4.3.1 The major sources of Levies and Fees comprise the receipts of the Islamabad Capital
Territory Administration, Mobile Handset Levy and Airport Fee.
4.3.2 Receipts of Islamabad Capital Territory Administration
4.3.2.1 There are a number of levies and fee which are collected by the ICT Administration.
These receipts are collected under various laws, however the said laws were not revised since
lapse of considerable time. Therefore, through Finance Act, 2019, all these laws were revised
through a consultative process and in a structured manner.
4.3.3 Mobile Handset Levy
4.3.3.1 Mobile Handset Levy was imposed through Finance Act 2018 on import of expensive
mobile handsets to support the local industry.Page 17
4.3.4 Airport Fee
4.3.4.1 Civil Aviation Authority collects Airport Fee from domestic passengers for various
services offered at the airports at rates notified by the Government from time to time. The Airline
companies charge Airport Tax at the time of preparation of Air Ticket and deposit the same in the
Federal treasury.
4.3.4.2 Budget and Revised Estimates for Fiscal Year 2022-23 and Budget Estimates for 2023-
24 on account of Levies and Fees are tabulated here under.
TABLE 8
Levies and Fees
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
B013,14, (A) Receipts of Islamabad Capital
16,26-30 Territory Administration 25,098.480 14,404.480 19,380.040
B013 Property Tax (ICT) 425.000 700.000 750.000
B014 Land Revenue (Mutation Fee) (ICT) 6,000.000 100.000 120.000
B016 Tax on Profession Trade & Callings(ICT) 140.000 140.000 150.000
B02601
Provincial Excise (ICT) 200.000 250.000 300.000
to 2628
B02701
Stamp Duties (ICT) 6,000.000 2,710.000 6,000.000
to 2735
B02801 Motor Vehicles registration fee (ICT) 8,000.000 7,000.000 7,500.000
B02802 Motor Vehicles Annual Token Fee (ICT) 4,000.000 3,000.000 4,000.000
B02812 Vehicles Route Permit Fee(ICT) - 1.000 1.500
B03021 Education Cess(ICT) 0.030 0.030 0.040
B03052 Tobacco License Fee (ICT) 0.450 0.450 0.500
B03053 Real Estate/M.V Dealer License Fee(ICT 3.000 3.000 8.000
B03056 Bed Charges on Hotels 330.000 500.000 550.000
B03087 (B) Mobile Handset Levy 10,000.000 8,000.000 10,000.000
B03064 (C) Airport Fee 53.000 53.000 53.000
Total Levies and Fees (A+B+C) 35,151.480 22,457.480 29,433.040Page 18
4.4 Income from Property and Enterprise
4.4.1 Income from Property & Enterprise comprises profits of earned by state regulatory
authorities, Mark-up receipts on loans extended to provinces, AJK, Public Sector Enterprises,
Local bodies, etc and dividend paid on Federal government's investment in the share capital of
financial and non financial institutions.
4.4.2 Surplus Profit of PTA and Other Government Authorities
4.4.2.1 Profits earned by the Regulatory Authorities i.e PTA, NEPRA, SECP, PNRA, PEMRA
,OGRA, NADRA and Others by way of levy of fees, charges, penalties etc after setting of their
authorized expenses is deposited in the Federal Consolidated Fund. Budget Estimates 2022-23,
Revised Budget Estimates 2022-23 and Budget Estimates 2023-24 are given as under:-
TABLE 9
Surplus of Govt Authorities
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
A Lisnce Renawal Fee 59,000.000 75,628.000 74,225.000
C01008 PTA1 PTA (4G/5G) 50,000.000 74,000.000 72,597.000
C01012 PTA2 PTA Surplus 9,000.000 1,628.000 1,628.000
B Surplus +Profit 695.000 438.050 7,203.000
C01012 NEPRA NEPRA (Surplus) 50.000 200.000 300.000
C01012 SECP SECP (Surplus) 35.000 29.000 400.000
C01012 PNRA PNRA (Fines) 3.000 2.050 3.000
C01012 PEMRA PEMRA (Surplus) 7.000 7.000 150.000
C01012 OGRA OGRA (Surplus+Fines) 600.000 200.000 600.000
C01012 PQA Port Qasim Authority (Surplus+Fines) - - 2,000.000
C01012 DRAP Drug Reulatory Authority of Pakistan - - 1,500.000
C01012 PPPA Public Private Partnership Authority - - 100.000
C01012 PSQCAPakistan Standard Quality Control Authority - - 1,000.000
C01012 PEC Pakistan Engineering Council - - 1,150.000
C010 TOTAL 59,695.000 76,066.050 81,428.000
4.4.2.2 A brief description of functions and sources of receipts of the above regulatory
authorities is given as under:-Page 19
4.4.3 Pakistan Telecommunication Authority (PTA) is mandated to regulate the establishment, operation and maintenance of telecommunication systems and provision of telecommunication services in Pakistan, to dispose of applications for the use of radio-frequency spectrum, to promote and protect the interests of users of telecommunication services in Pakistan, to promote the availability of a wide range of high quality, efficient, cost effective and competitive telecommunication services throughout Pakistan, to promote rapid modernization of telecommunication systems and telecommunication services, to investigate and adjudicate on complaints and other claims made against licensees arising out of alleged contraventions of the provisions of the Act, the rules made and licenses issued there under and take action accordingly. PTA receives fees for issuance and renewal of various telecom licenses. It also imposes fines, penalties for violations. 4.4.4 National Electric Power Regulatory Authority (NEPRA) is mandated to develop and pursue a Regulatory Framework, which ensures the provision of safe, reliable, efficient and affordable electric power to the electricity consumers of Pakistan.It facilitate the transition from a protected monopoly service structure to a competitive environment and maintaining a balance between the interests of the consumers and service providers in unison with the broad economic and social policy objectives of the Government of Pakistan. In order to ensure effective regulatory functions, NEPRA charges different fees at rates notified from time to time for Application & Modification Generation License Fee, Application & Modification Transmission License Fee, Application& Modification Distribution License Fee, Application for the Approval of Competitive Bidding. Besides, NEPRA upfront tariff is also levied like Fees Pertaining to Tariff Standards and Procedures Regulations 2002 i.e Generation Licenses, Transmission Licenses, Distribution Licenses, Consumers, etc. 4.4.5 Pakistan Nuclear Regulatory Authority (PNRA) is entrusted with the responsibility to control, regulate and supervise all matters related to nuclear safety and radiation protection in Pakistan. It charges Licensing Fee as approved from time to time from nuclear facilities, radiotherapy and nuclear cardiology centres etc. 4.4.6 Pakistan Electronic Media Regulatory Authority (PEMRA) is required to improve the standards of information, education and entertainment, to facilitate the devolution of responsibility and power to the grass roots by improving the access of the people to mass media at the local and community level and ensure accountability, transparency and good governance by optimization the free flow of information. PEMRA charges Licensing Fee on prescribed rates for FM Radio, Satellite T.V, MMDS, IPTV, Cable TV, DTH, Landing Rights, Temporary Uplinking and Mobile TV.
Page 20
4.4.7 Oil and Gas Regulatory Authority (OGRA) has been set up under the Oil and Gas Regulatory Authority Ordinance dated 28th March 2002 to foster competition, increase private investment and ownership in the midstream and downstream petroleum industry, protect the public interest while respecting individual rights and provide effective and efficient regulations. In order to implement regulatory framework, OGRA issues Licences to oil marketing companies, gas distribution networks, fertilizer manufacturing plant etc and charge fees for the services. It also carries out inspections of oil and gas distribution networks and imposes penalties. 4.4.8 National Database and Registration Authority (NADRA) is responsible for the development and establishment of an improved and modernized system of registration in the country through appropriate means including technologically advanced, effective and efficient means like computerization, automation, creation of databases, data warehousing, networking, and interfacing of data bases and related facilities and services. It charges fee for providing services to the public. NADRA ia required to remit any surplus receipt over the actual expenditure in a year after payment of tax to the Federal Consolidated Fund. 4.4.9 Civil Aviation Authority (CAA) is responsible for the regulation and control of Civil Aviation activities in the country. The authority is also responsible for the development of infrastructure for promotion of safe, efficient, adequate, economical and properly coordinated civil air transport service. The authority charges licensing fee, service charges etc. in lieu of provision of different services to the public. 4.4.10 Mark Up Receipts 4.4.10.1 Federal Government advances loans to Provinces, Government of Azad Jammu & Kashmir, Public Sector Enterprises, Local Bodies and others to assist them in carrying out their development programmes and social initiatives. These loans and advances are of two types, namely, Cash Development Loans, and Foreign Re-lent Loans. The former is advanced by the Federal Government out of its own resources whereas the latter is relent loans. 4.4.10.2 Mark up accrued on the loans granted by the Federal Government to provincial governments, local bodies, financial institutions, non-financial institutions, commercial departments and government servants is reflected in this section. The mark up is chargeable in accordance with the terms and conditions of each loan agreement. 4.4.10.3 Unless specified otherwise, every loan other than foreign loan advanced by the Federal Government to the provincial governments is repayable over a period of 25 years. Moratorium of 5 years is allowed on recovery of principal. Simple mark up is realized at a rate yearly determined by the Finance Division, as per actual borrowing cost of the Federal Government.
Page 21
4.4.10.4 Federal Government also advances loans to the Government servants for house
building and for the purchase of transport etc. These advances are governed by the rules as
specified by Finance Division from time to time.
TABLE 10
Mark Up Receipts
(Provinces)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Punjab 20,087.632 20,087.632 40,540.997
C01201 Mark-up Cash Loans 399.373 399.373 270.861
C01205 Mark-up Foreign Loans 19,688.259 19,688.259 40,270.136
Sindh 13,226.221 13,226.221 22,761.445
C01202 Mark-up Cash Loans 4,217.435 4,217.435 3,975.384
C01206 Mark-up Foreign Loans 9,008.786 9,008.786 18,786.061
Khyber Pakhtunkhwa 5,656.883 5,656.883 12,900.604
C01203 Mark-up Cash Loans - - -
C01207 Mark-up Foreign Loans 5,656.883 5,656.883 12,900.604
Balochistan 681.754 681.754 998.082
C01204 Mark-up Cash Loans 165.823 165.823 164.366
C01208 Mark-up Foreign Loans 515.931 515.931 833.716
C012 Total Mark-up (Provinces) 39,652.490 39,652.490 77,201.128
Loan-Wise Break Up
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Mark Up - Cash Loans 4,782.631 4,782.632 4,410.611
C01201 Punjab 399.373 399.373 270.861
C01202 Sindh 4,217.435 4,217.435 3,975.384
C01203 Khyber Pakhtukhwa - - -
C01204 Balochistan 165.823 165.824 164.366
Mark Up - Foreign Loans 34,869.859 51,078.900 72,790.517
C01205 Punjab 19,688.259 30,058.330 40,270.136
C01206 Sindh 9,008.786 13,811.067 18,786.061
C01207 Khyber Pakhtoonkhwa 5,656.883 6,487.426 12,900.604
BalochistanC01208 515.931 722.077 833.716
C012 Total Mark-up (Provinces) 39,652.490 55,861.532 77,201.128Page 22
TABLE 11
Mark Up Receipts (Local Bodies)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Mark Up - Cash Loans (A) 69,120.417 71,660.480 83,557.880
C01399 P.B.C. 175.882 181.570 173.250
C01399 NHA 49,467.970 49,467.970 60,805.700
C01399 PIA 8,613.110 10,888.930 11,468.400
C01399 CDA 332.327 332.330 322.550
C01399 Pakistan Machine Tool Factory 51.500 51.500 51.500
C01399 State Engineering Corporation 21.440 22.700 22.440
C01399 Heavy Mechanical Complex Taxila 44.341 34.360 33.480
C01399 Heavy Electric Company - 14.040 10.300
C01399 Lahore Garment City Lahore 54.544 54.540 52.140
C01399 Pakistan Engineering Company 184.443 184.440 216.960
C01399 Printing Corporation of Pakistan 60.085 60.090 47.130
C01399 Pakistan Steel Mil 10,114.775 10,368.010 10,354.030
Mark Up - Foreign Loans (B) 64,577.902 69,480.649 64,582.872
C01399 GIK Institute 0.490 0.672 0.658
C01311 Karachi Port Trust 1,280.379 1,713.783 1,872.362
C01324 P.A.E.C (Chashma Nuclear Power Plant) 6,836.261 9,108.303 9,101.029
C01399 S.K.M.T 0.805 1.104 1.042
C01330 NHA 53,338.573 55,535.392 50,683.657
C01399 PPAF 52.231 52.232 43.545
C01399 NEPRA 1.907 1.907 1.846
C01399 TEVTA 14.892 14.892 11.388
C01517 OGRA 2.175 2.175 2.106
C01322 SSGC 1.030 1.030 0.955
C01399 Gwadar Port Authority 688.752 688.752 688.752
C01399 SUPARCO 2,103.251 2,103.251 1,939.368
C01399 Special Communication Organization 257.156 257.156 236.164
C013 Total - Local Bodies (A+B) 133,698.319 141,141.129 148,140.752Page 23
TABLE 12
Mark Up Receipts
(Financial Institutions)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Mark up Foreign Loans
C01401 IDBP IDBP 6.565 6.565 1.621
C01411 PMRC Pakistan Mortage Refinance Co Ltd (PMRC) 570.577 570.577 556.455
C014 Total Mark-up (Financial Institutions) 577.142 577.142 558.076
TABLE 13
Mark Up Receipts
(Non-Financial Institutions)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
(I) Power Sector 40,159.584 41,567.836 52,201.277
Mark-up Cash Loans (A) 14,716.292 15,446.591 15,459.040
C01501 WPDW WAPDA (water wing) 1,044.701 1,044.700 1,039.740
C01502 WPDP WAPDA (power wing) 8,619.685 8,619.690 8,357.500
C01599 TSCO TESCO 9.905 9.910 6.010
C0150A QSCO QESCO 899.312 1,501.700 1,749.430
C01599 MPCO MEPCO 92.961 92.960 90.340
C0150B GNC1 GENCO-I 249.212 249.210 244.360
C0150B GNC2 GENCO-II 924.934 924.930 891.040
C0150B GNC3 GENCO- 204.004 204.000 186.220
IIIIC0150B GNC4 GENCO- 52.279 56.780 56.200
IV
C0150C NTDC NTDC 167.960 225.701 351.980
C01599 NJHP NJHP 2,186.517 2,186.520 2,122.930
C01730 PESCO PESCO 264.822 330.490 363.290
Mark up-Foreign Loans (B) 25,443.292 26,121.245 36,742.237
C01517 WPDP WAPDA (Power Wing) 8,973.390 4,837.176 9,492.839
C01599 JPCL Jamshoro Power Company Ltd 97.088 4,386.816 9,851.784
C01599 LSCO LESCO 320.686 320.686 262.029
C01599 NTDC NTDC 5,221.538 5,740.314 7,716.223
C01599 ISCO IESCO 433.876 434.852 357.063
C01599 HSCO HESCO 351.746 351.746 288.590
Contd…Page 24
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
C01599 PSCO PESCO 323.844 328.531 292.553
C01599 QSCO QESCO 629.959 629.959 569.938
C01599 GPCO GEPCO 499.354 499.354 454.957
C01599 FSCO FESCO 302.665 302.665 268.536
C01599 MPCO MEPCO 548.385 548.385 464.050
C01599 PPCO PEPCO 51.585 51.585 48.758
C01599 NJHP NJHP 7,689.176 7,689.176 6,674.917
(II) Autonomous Bodies/Corporations 224.770 226.543 170.680
Mark up Foreign Loans 224.770 226.543 170.680
C01527 PAKR Pakistan Railways 222.376 224.149 169.349
C01599 KFHA Korangi Fish Harbour Authority 2.394 2.394 1.331
C015 Total Non-Financial Institutions (I+II) 40,384.354 41,794.379 52,371.957
TABLE 14
Mark Up Receipts
(Government Servants)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
C016 Government Servants
C01605 FGCG Cantt/Garrison Educational Institutions 3.054 3.480 3.200
C01605 AGP1 Office of the AGPR, Isb 190.510 223.121 209.560
C01605 AGLO AGPR sub-office, Lahore 43.585 50.128 55.140
C01605 AGKA AGPR sub-office, Karachi 36.384 331.116 364.227
C01605 AGPR AGPR sub-office, Peshawar 8.840 4.641 4.873
C01605 AGQA AGPR sub-office, Quetta 1.850 2.680 2.948
C01605 AGGL AGPR sub-office, Gilgit 19.115 10.751 11.181
C01605 MOD2 Defence 14.082 - -
C01605 PPOD Pakistan Post Office Deptt 6.100 - -
C01605 PWD1 Pak PWD 1.325 0.930 1.023
C01605 MINT Pakistan Mint 0.559 0.987 0.744
C01605 CAOF CAO (Ministry of Foreign Affairs) 1.563 1.845 2.030
C01605 CDNS Central Dte of National Savings 4.929 5.864 4.806
C01605 GSOP Geological Survey of Pakistan 2.772 - -
C01605 NTF1 National Tariff Commission 0.170 0.208 0.254
C016 Total Government Servants 334.838 635.751 659.986Page 25
TABLE 15
Mark Up Receipts
(AJK & Others)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Mark up - Cash Loans (A) 8,714.530 7,258.321 7,722.579
Ways & Means Advances to Provinces,AJK/ - - -
S i l AC01701 Government of AJ&K 8,713.590 7,257.211 7,721.357
C01730 PNRA 0.940 1.110 1.222
Mark up - Foreign Loans (B) 645.983 1,529.877 1,861.923
C01702 Government of AJ&K 359.358 1,141.668 1,487.997
C01709 Government of GB 69.825 97.977 110.632
C01799 Guarantee Fee on Foreign Loans (EAD) 216.800 290.232 263.294
C017 Total AJK & Others (A+B+C) 9,360.513 8,788.198 9,584.502
TABLE 16
Mark Up Receipts(Others)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Mark up - Cash Loans
C01801 Pakistan Post Office Deptt 20.000 20.000 20.000
C01823 Mark up (others) 75,000.000 100,000.000 110,000.000
C018 Total Mark-up Receipts (Others) 75,020.000 100,020.000 110,020.000Page 26
TABLE 17
Summary of Mark Up (Provinces,PSEs & Others)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Total Mark up Cash Loans (PSEs &
167,906.0770 195,021.1430 217,419.4850
Others)
Total Mark up Foreign Loans (PSEs &
91,469.0890 97,935.4560 103,915.7880
Others)
C012 Total Mark-up (Provinces) 39,652.490 55,861.532 77,201.128
C013 Total - Local Bodies 133,698.319 141,141.129 148,140.752
C014 Total Mark-up (Financial Institutions) 577.142 577.142 558.076
C015 Total Non-Financial Institutions 40,384.354 41,794.379 52,371.957
C016 Total Government Servants 334.838 635.751 659.986
C017 Total AJK & Others (A+B+C) 9,360.513 8,788.198 9,584.502
C018 Total Mark-up Receipts (Others) 75,020.000 100,020.000 110,020.000
Total Mark up (PSEs & Others) 259,375.166 292,956.599 321,335.273
Estimated Shortfall 159,375.166 184,956.599 203,335.273
Net Total (PSEs & Others) 100,000.000 108,000.000 118,000.000
C012-018 Grand Total (Mark-up) 139,652.490 163,861.532 195,201.128
4.4.9 Dividend on Government Investments
4.4.9.1 Dividends represent return on Federal Government's investment in the share capital of
financial and non financial institutions. The receipt of dividend varies from year to year depending
upon profits earned each year by these bodies and declaration of dividends on share capital.
4.4.9.2 The details of the estimates are given in table below:Page 27
TABLE 18
DIVIDEND
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
C01901 Financial Institutions (A) 1,605.000 908.750 2,100.000
C01901 NIT1 National Investment Trust 300.000 250.000 300.000
C01901 NBP1 NBP 45.000 45.000 100.000
C01901 POIC Pak Oman Investment Co 200.000 153.750 200.000
C01901 PBI1 Pak Brunie Investment 200.000 150.000 300.000
C01901 PIJI Pak Iran Joint Investment 150.000 175.000 200.000
C01901 PKIC Pak-Kuwait Investment Co (Private) Ltd 600.000 - -
C01901 PCIC Pak-China Investment Co - - 100.000
C01901 PLIC Pak Libya Investment Co - - 100.000
C01901 SPIAI Saudi Pak Industrial & Agricultural Investment 100.000 - -
C01901 SBP State Bank of Pakistan 10.000 - -
C0901 EB Exim Bank - - 1,00.000
C01901 PDFL Pakistan Development Fund Ltd - - 500.000
C01901 PMRC Pakistan Mortagage Refinance Co. Ltd - 135.000 200.000
C01902 Non-Financial Institutions (B) 78,695.000 80,779.380 119,325.000
C01902 PPL1 Pakistan Petroleum Limited* 8,000.000 5,000.000 14,000.000
C01902 MGCL Mari Gas Company Limited 4,000.000 3,703.534 4,400.000
C01902 PSO1 Pakistan State Oil 2,500.000 2,500.000 2,500.000
C01902 PARL Pak Arab Refinery 10,000.000 22,020.000 18,000.000
C01902 SNGP SNGPL 2,000.000 1,506.984 2,000.000
C01902 GHPL GHPL 8,000.000 8,000.000 8,000.000
C01902 OGDC OGDCL* 36,500.000 30,000.000 61,000.000
C01902 PMDC PMDC 200.000 200.000 300.000
C01902 SLIC SLIC 2,000.000 2,000.000 2,000.000
C01902 NIC1 NIC 700.000 700.000 700.000
C01902 PRC Pak Re-Insurance Corporation 700.000 558.525 700.000
C01902 FFCL Fauji Fertilizer Co.Ltd 120.000 100.000 100.000
C01902 PECPL Pakistan Expo Centre Pvt Ltd - - 100.000
C01902 NTC National Telecommunication Corporation Pvt Ltd - - 45.000
C01902 PSL1 Pakistan Services Ltd 6.000 6.000 6.000
C01902 PIDC PIDC 80.000 80.000 85.000
C01902 NSC1 National Shipping Corp 400.000 1,156.337 2,000.000
C01902 NPAK NESPAK 80.000 80.000 80.000
C01902 PTCL PTCL 2,000.000 2,000.000 2,000.000
C01902 NFC1 NFC 200.000 200.000 200.000
C01902 NTDC NTDC 600.000 600.000 600.000
C01902 TCP Trading Corporation of Pakistan 300.000 300.000 300.000
C01902 TPS1 Tourism Promotion Services 3.000 3.000 3.000
C01902 PERAC PERAC 6.000 5.000 6.000
C01902 PASCOPASCO 300.000 60.000 200.000
C019 Total - Dividends (A+B) 80,300.000 81,688.130 121,425.000
* Including BESOSPage 28
4.5 Receipts from Civil Administration and Other Functions
4.5.1 General Administration Receipts
4.5.1.1 Organs of State
4.5.1.1.1 These receipts are realized on account of fees received from the candidates
appearing in various competitive examinations conducted by Federal Public Service Commission
(FPSC), receipts of Election Commision of Pakistan etc. However, the major portion of receipts
under this head come from FPSC. Estimates of receipts on this account are given below:
TABLE 19
Receipt from Civil Adminstration- Organs of State
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Receipt from Civil Adminstration
C021 Organs of State
C02101 FPS1 Federal Public Service Commission 300.000 250.000 300.000
Receipts of Election Commiossion ofC02166
Pakistan(PECP) - 218.710 -
C021 Total Receipt from Civil Adminstration 300.000 468.710 300.000
4.5.1.2 Fiscal Administration
4.5.1.2.1 Audit Fees
The department of the Auditor General of Pakistan charges fees from autonomous bodies/
corporations, etc, which do not fall within its normal audit jurisdiction, for auditing their accounts.
This fee is deposited in the government account.
4.5.1.2.2 State Bank of Pakistan Receipts
The surplus profit of the State Bank of Pakistan, after making usual provision for reserve funds is
transferred to the Federal Government in the light of Section 42 SBP (Amendment) Act,2022. The
State Bank also pays dividend on the share capital of the Federal Government. The value of
coins that are minted and put in circulation in one year are also deposited by the State Bank in
Government Account.
4.5.1.2.3 Pakistan Mint Receipts
The Pakistan Mint's receipts are mainly from the disposal of dross & scrap and from minting of
medals for defence services, sports and academic institutions etc.
4.5.1.2.4 Pension and Gratuity Contribution
These receipts pertain to pension and gratuity contributions by the borrowing departments in
respect of officials serving on deputation basis with them.The estimates of receipts from fiscal
administration are given below:Page 29
TABLE 20
General Administration Receipt - Fiscal Adminstration
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
General Admn. Receipts - Fiscal Admn
C022 Fiscal Administration - Audit (A) 5,069.112 782.176 1,308.355
C02204 AGP1 Receipts of AGP office (Audit Other) 0.536 0.254 0.205
Tender Fee(Collection of Payment forC02205 0.336 - - Service rendered)(AGP)
C02206 Audit Other (AGP) 0.240 0.187 0.150
C022 Fiscal Administration - Currency (B) 300,000.000 371,186.191 1,113,000.000
C02211 SBP1 State Bank of Pakistan Profit 300,000.000 371,186.191 1,113,000.000
C022 Fiscal Administration - Mint
C02233 MINT Pakistan Mint (Assay Account) 60.000 75.000 100.000
Fiscal Administration in Aid of
C022
Superannuation
C02241 Contribution of Pension (CGA) 8.000 6.735 8.000
C02241 AGPR Contribution of Pension and gratuities (AGPR 5,000.000 700.000 1,200.000
Total General Admn. Receipts - Fiscal
C022 305,069.112 371,968.367 1,114,308.355
Admn (A+B)
4.5.1.3 Economic Regulations
4.5.1.3.1 The receipts on this account largely comprise insurance fees realized under
Insurance Act, 1989. The estimates are given below:
TABLE 21
General Administration Receipt - Economic Regulations
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Economic Regulations
Trade Mark Reg Fee & Other MiscC02301 150.000 200.000 200.000 Receipts
Fees realized under Insurance Act 1938/C02302 SECP1 5,000.000 1,000.000 5,000.000 (SECP)
Receipts under Anti Duping DutiesC02308 TDAP 3,000.000 150.000 800.000 Ordinance,2000 (Commerce Division)
C023 Total Economic Regulations 8,150.000 1,350.000 6,000.000Page 30
TABLE 22
General Administration Receipt Economic Statistics
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
General Admn. Statistics
C02401 PBSS Sale of Census Publication (Planning) 1.500 3.000 4.000
C02470 PBSS Sale of data Misc. Receipts (Others) (Plannin 100.000 0.870 0.900
C024 Total General Admn. Statistics 101.500 3.870 4.900
C021-24 Grand Total Gen Admn (Excl SBP Profit) 13,620.612 2,604.756 7,613.255
4.5.2 Defence Services Receipts
4.5.2.1 These receipts are realized mainly on account of dues from civil agencies, sale &
auction of obsolete stores and charges realized on account of use of army aviation facilities,
hospital stoppages roll and receipt of Govt. share out of the fees paid by civil patients treated in
Military Hospitals etc.
4.5.2.2 The estimates of defence receipts are given below :
TABLE 23
Defence Services Receipts
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Defence Services Effective
C02520 MODS Effective (MOD+Defence Production Div) 28,758.788 23,758.787 39,572.604
C02520 CMHH Hospital Stoppage (Defence Div) 1,463.509 1,463.609 1,683.150
C025 Total Defence Services Effective 30,222.297 25,222.396 41,255.754
4.5.3 Law and Order Receipts
4.5.3.1 These receipts represent the proceeds from fines imposed by Insurance Appellate
Tribunals, Federal Service Tribunals, Income Tax Tribunals, Drug Courts and Special Judges
under the administrative control of Law and Justice Division. These also include fines, fees and
recoveries of the Supreme Court of Pakistan, Civil Armed Forces and frontier watch & ward. The
fees realized on account of issuance and renewal of arms licenses by the Ministry of Interior are
also reflected under this classification.Page 31
4.5.3.2 The estimates of receipts from law and order are given as under;
TABLE 24
Law and Order Receipts
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Law and Order Receipts
Justice
General Fees,Fines & Forfeitures (JusticeC02604 LAW 270.000 220.000 250.000 Law Courts)
General Fees,Fines & Forfeitures (FederalC02604 - 0.010 0.010 Shariyat Court)
C02610 Recoveries of overpayments (SCP) 3.000 - -
C02613 Others (SCP) 3.000 - -
C02613 Others (FST) - 1.000 1.000
Medical Tribunal Fee (Medical TribunalC02615 - 0.100 0.010
Islamabad)
Frontier Watch and Ward
Frontier Constabulary & Militia ReceiptsC02621 MOI1 217.000 217.000 227.000 (MOI)
C02624 Recoveries of overpayments (CAF) 50.000 158.900 165.440
C02625 Others (ICT) 5.525 5.000 6.535
C02635 MOI1 Receipts under Arms Act (MOI) 175.000 200.000 300.000
C02636 AGP Fees fines and forfeitures (AGP) 0.002 - -
C02637 OCCI Receipts of Motor Driving Licenses (ICT) 1,800.000 293.000 500.000
C02637 NHMP Motor Driving License (NHMP) - 25.000 28.000
C02638 OCCI Traffic Fines (ICT) 1,300.000 299.200 500.000
C02640 Recoveries of Over Payments (AGP) 0.009 - -
C02641 Collection of Payment for S/Rendered 9.100 8.700 9.300
C02647 CAF1 Fines and Penalties (CAF, Interior) 3.000 3.000 3.000
Recoveries of Over Payments (CAF,C02648 CAF1 5.000 4.000 4.000 Interior)
C02650 Others 9.000 18.000 22.000
C026 Total Law and Order Receipts 3,849.636 1,452.910 2,016.295Page 32
4.5.4 Community Services Receipts
4.5.4.1 The receipts under community services comprise of rent of government buildings, land,
guest houses, hostels and sale proceeds of material of demolished buildings. These receipts are
realized by Housing and Works Division, Overseas Pakistanis Division, Kashmir Affairs and Gilgit
Baltistan Division and Interior Division (Frontier Corps). The receipts realized by Survey of
Pakistan for its services and supply of maps are also included here. Details of the estimates are
given below:-
TABLE 25
Community Services Receipts
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Community Services Receipts
Works- Building
C02701 Building Rent (ICT) 70.500 24.333 25.350
C02701 AGPR Building Rent (AGPR) - 0.159 0.546
C02701 CGA Building Rent (CGA) 6.000 1.000 1.500
Rent of Govt Buildings realized by EstateC02701 HOUS 1,200.000 800.000 1,000.000 Office
C02701 HOUS Housing & Works (Ground Rent Section) 180.000 135.000 140.000
C02701 HOUS Rent of Govt Buildings realized by PWD 100.000 75.000 85.000
Building Rent (Met. Deptt) (AviationC02701 PMD2 0.200 1.750 1.750 Division)
C02701 AGP1 Building Rent (AGP) 5.828 11.091 10.595
C02701 PAEC Building Rent of PAEC (Hostel Charges) 27.000 27.000 28.000
Collection of Payment for ServicesC02705 PMD2 0.100 0.040 0.050 Rendered.(Met Deptt) (Aviation Division)
C02706 PMD2 Others - (Met. Deptt) (Aviation Div) 1.000 0.145 0.150
Other Receipts of Pak. PWD (includingC02706 HOUS 2,200.000 1,022.000 1,275.000 GRS)
Works - Communication
C02714 Recoveries of overpayments (AGP) 0.553 0.503 0.578
Others-Construction Technology TrainingC02716 CMTC 8.700 9.500 9.500 Institute
C027 Public Health
Sale proceeds of sera and vaccines
C02721 4.000 6.675 8.500 (NHSR & C)
Collection of payments for servicesC02725 10.000 2.825 2.900 rendered(NHSR & C)
C027 Science Research and Survey
C02731 SOP1 Survey of Pakistan(Defence Division) 30.000 30.000 32.000
Other - Met. Data Sale Charges, Lahore,C02734 PMD2 3.600 12.500 8.000 Karachi (Aviation Div.)
C027 Total Community Services Receipts 3,847.481 2,159.521 2,629.419Page 33
4.5.5 Social Services Receipts
4.5.5.1 The receipts under this head are realized on account of fees charged from students of the
educational institutions of various Ministries and Defence Division. The entry fee for historical
places and archeological sites is collected by National History and Literary Heritage Division. The
charges for medical services are realized by the Federal Government hospitals and health
establishments, and tuition/training fee realized by Oversease Pakistanis and Human Resources
Development Division. The estimates are given in the following table;
TABLE 26
Social Services Receipt
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Social Services
Education Fees from Schools & CollegesC02818 300.000 124.000 127.000 (MoFE&PT)
Education Fees from Schools and CollegesC02818 200.000 94.266 200.000 (MOD)
C02818 Education Others MFU. (Cabinet Division) - 0.150 0.150
C02818 Education Others NDU. (Cabinet Division) - 0.005 0.005
C02818 Education Others NAP (Cabinet Division) 0.030 0.150 0.150
Receipts from Libraries (NLP-HeritageC02824 1.500 1.500 2.000 Division)
Health
C02825 Hospital Receipts-PIMS (NHSR & C) - - 1.900
Recoveries of Diet Charges -PIMS
C02826 - - 0.850 (NHSR & C)
C02827 Rooms Rent -PIMS (NHSR & C) - - 6.400
C02828 H.Govt.share fees realized by doctors from pa 500.000 - 71.850
NI Rehabilitation of MedicinesC02845 - 9.000 9.500
(NHSR & C)
Sale of Medicines and VaccinesC02860 OCCI 1.775 3.000 2.500 (NHSR & C)
Receipts of Health EstablishmentsC02871 0.900 4.500 55.000 (M/o NHSRC)
C028 Total Social Services 1,004.205 236.571 477.305Page 34
4.5.6 Social Services Misc Receipts
4.5.6.1 Under Social Services Miscellaneous Head, the Emigration Fee deposited by Pakistani
Workers working abroad in terms of Emigration Ordinance, 1979 are reflected. The receipts of
Human Resource Development Division on account of registration of overseas employment
agencies and deposits by individuals for protection of their visas are also deposited under this
head. Moreover, the fee for registration of trade union and West Pakistan Ordinance, 1969 are
also reflected under this Head of Account. The details are given in the following table.
TABLE 27
Social Services Miscellanenous Receipts
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Social Services Miscelaneous
Receipts under West Pakistan OrdinanceC02905 OCCI 0.100 0.100 - 1969 (ICT)
Registration and other fees PakistanisC02906 BEO1 1,500.000 940.000 1,500.000 working Abroad M/o Overseas Pakistanis
C029 Total Social Services Miscelaneous 1,500.100 940.100 1,500.000
4.6 Miscellaneous Receipts
4.6.1 Miscellaneous receipts comprise OF (i) Economic Services Receipts, and (ii) Other
Receipts. A brief description of these receipts are given in the following paragraphs.
4.6.2 Economic Services Receipts
4.6.2.1 Agricultural Receipts
4.6.2.1.1 These receipts are realized on account of quarantine fee on animal exports/imports
by National Food Security and Research Division.
4.6.2.1.2 The receipts under Economic Services Head mostly comprise of Food Department,
Agriculture Receipts and Farms Receipts collected by Islamabad Capital Territory. The details are
as under:-Page 35
TABLE 28
Economic Services Receipts - Food & Agriculture (Miscellanenous Receipts)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Economic Services Receipts Food &
Agriculture
C031 Food & Agriculture
C03101 OCCI Food Department (ICT) 0.300 0.300 0.400
C031 Agriculture Receipts
C03116 OCCI Agriculture Receipts (ICT) 0.100 0.100 -
C03123 DPPK Plant Protection services (NFS&R) 2,500.000 900.000 1,000.000
Receipts from soil conservation &C03124 OCCI 1.300 1.000 1.000 Operations (ICT)
C03138 6.000 6.400 8.000 Registration fee-seed industry (M/o NFS&R)
C03139 Enlisting fee-seed industry (M/o NFS&R) 15.000 15.000 15.000
C03140 Renewal fee-seed industry (M/o NFS&R) 0.500 0.500 0.500
C03142 Receipts from Plant Breeders Right 0.560 0.660 0.170
Total Economic Services Receipts Food
C031 2,523.760 923.960 1,025.070
& Agriculture
4.6.2.1.3 The receipts of Economic Services - Fisheries,Animal Husbandry,Livestock and Diary
Development in Federal capital territory are collected by Islamabad Capital Territory
Administration are reflected in the table given below:
TABLE 29
Economic Services Receipts-Fisheries & Animal Husbandry
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Economic Services Receipts-Fisheries &
Animal Husbandry
C032 Fisheries
C03201 OCCI Ordinary Receipts (Marine Fisheries Deptt) 5.500 53.500 53.500
Receipts of Marine Fisheries DepartmentC03201 50.000 50.000 200.000 (MoMA)
Receipts of Pakistan Maritime SecurityC03205 100.000 - - Agency (MOD)
C032 Animal Husbandry
C03227 OCCI Insemination Fees (ICT) 0.160 0.160 0.160
Others-Receipts of Animal Quarantine DepttC03231 AQD4 500.000 500.000 400.000 (NFS&R)
Husbadry Graduates Students, FacultyC03231 28.000 26.500 27.000 Registration, Inspection Fee (IPC Div)
Total Economic Services Receipts-
C032 683.660 630.160 680.660
Fisheries & Animal HusbandryPage 36
TABLE 30
Economic Services Receipts-Cooperation Irrigation, Embankment
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Economic Service Receipt- Cooperation
Irrigation, Embankment, Drainage
C03406 Others - Miscellaneous Receipts (ICT) 1.000 - -
Total Economic Service Receipt-
C034 Cooperation Irrigation, Embankment, 1.000 - -
Drainage
4.6.2.1.4 The receipts of Explosive Department are charged for industrial safety. The Ports &
Shipping Department Receipt on account of management and upkeep of port/landing charges.
4.5.2.2 Receipts from Cabinet Division
4.6.2.2.1 The sale proceeds of government publications and stationery by the Controller of
Forms and Stationery realized from various government departments/agencies are reflected
under this head.
4.6.2.3 Receipts from Explosive Department
4.6.2.3.1 Receipts under this head pertain to the fee charged by the Department of Explosives
for granting licenses to the firms dealing in explosives.
4.6.2.4 Receipts from Lighthouses and Lightships
4.6.2.4.1 These receipts comprise of (i) examination fee, survey and registration fees realized by
the Mercantile Marine Department, Karachi, (ii) cargo shipping and discharging fees from the
shipping companies, (iii) fines realized from seamen for offences committed by them, (iv) fees
realized from cadets under training in the Mercantile Marine Academy, Karachi, Seamen's
Training Centre, Karachi and (v) Lighthouse dues realized from the shipping companies operating
on the coasts of Pakistan. These receipts are shown under transportation and communication
heads.Page 37
TABLE 31
Economic Services Receipts-Others
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Economic Services Receipts- Others
C035 Industrial and Mineral Resources
Industrial Safety- Explosives DepartmentC03506 DOE1 2,000.000 600.000 2,000.000 (M/o Petroleum Division)
C03518 PAEC Cost of tender documents(PAEC) 3.600 1.000 1.500
Excise Duty on Minerals under PartnershipC03545 OCCI 0.750 0.500 0.700 Act (ICT)
Survey Fees-Meercantile MarineC03560 60.000 60.000 25.000 Department Karachi (MMD)
C03562 Fees for the Regitration of Vessel (MMD) 1.000 - 6.000
Fees for the Engagement and Discharges -C03561 25.000 10.000 10.000 Seamen's (GSO,Karachi)
C03565 - - 20.000 Registration and other Fees (MMD)
C03567 - - 10.000 Others Fees (MMD)
C03565 Registration and other Fees (PMAK) 8.000 8.000 8.500
Lighthouses & Lightships Deptt,KarachiC03571 2,000.000 1,000.000 2,000.000 (MMD)
C03581 Post Office Mail Operation 6,000.000 5,821.000 6,000.000
C03582 Others (Post Office Receipts) 338.000 394.000 365.000
C03586 Commision on Money Transfer 326.000 321.000 348.000
C03587 Net Receipts from Other Postal Administratio 2,000.000 653.000 719.000
C03588 Agency Receipts 10,000.000 2,516.000 2,587.000
Total Economic Services Receipts-
C035 22,762.350 11,384.500 14,100.700
Others
TABLE 32
Foreign Grants
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Grants
Foreign Grants- Dev. Grants fromC03601 25,000.000 25,000.000 25,000.000 Foreign Govt.
C036 Total Grants 25,000.000 25,000.000 25,000.000Page 38
4.6.3 Other Receipts
4.6.3.1 These receipts are realized by different Ministries, Divisions and Departments. The
brief introduction of the main regular receipts under this head is given as under with a relevant
statistics in tables 28-29;
4.6.3.2 Receipts From UN, Staff Welfare and Accreditation
4.6.3.2.1 The major portion of receipts comes from United Nations in lieu of services rendered
by Pakistani troops taking part in various peacekeeping operations worldwide. The other receipts
are generated by various staff welfare initiatives and accreditation services. Budget Estimates are
given as under;
TABLE 33
Extraordinary Receipts
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Extraordinary Receipts
C037 Extraordinary Receipts (Others)(A) 30.681 1,094.983 2,646.867
Sale of Other Government Assets (FederalC03706 - 0.800 0.800
Shariyat Court)
C03707 PAEC Cost of ID/Penalities (PAEC) 0.110 0.040 0.050
C03727 AGP1 Recovery of Monetized Value (AGP) 0.571 0.843 1.517
Fee collected by Staff WelfareC03743 SWO1 15.000 24.300 25.500 Organizations (Estab Division)
Fee Collected by Pak. National AccreditationC03744 PANC 15.000 19.000 19.000 Council (M/o Science & Technology)
Service Charges from Indian Pilgrims usingC03747 - 450.000 1,000.000 Kartarpur (M/o Religious Affairs & I.H)
C03761 Surplus Profit of NADRA 200.000 200.000 1,200.000
C03762 Surplus Profit of Civil Aviation Authority 400.000 400.000 400.000
C037 Other Recipts (B) 45,020.228 33,322.805 58,322.299
Others- Receipts from UN (Military)C03725 MOI1 44,520.228 32,918.980 57,822.299
(Defence Division)
C03725 MOI2 Others- Receipts from UN (Civil) M/o Interior 500.000 403.825 500.000
C037 Total Extraordinary Receipts 45,650.909 34,417.788 60,969.166
4.6.3.3 Citizenship, Naturalization and Passport Fees
4.6.3.3.1 These receipts are realized mainly by the Immigration & Passport Offices in Pakistan
and Pakistani Missions abroad on account of issuance, renewal and endorsement of passports
and visas.Page 39
TABLE 34
Citizenship, Naturalization, Passport and Copyright Fees
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Passport and Visa Fees 35,000.000 32,003.000 59,004.000
C03806 OCCI Citizenship Copyrights (ICT) - 3.000 4.000
Citizenship, Naturalization & Passport FeeC03897 DGIP 35,000.000 32,000.000 59,000.000 (MOI)
C038 Total Passport and Visa Fees 35,000.000 32,003.000 59,004.000
4.6.3.4 Royalty, Pollution and Tracking Fees From Tourists
4.5.3.4.1 The royalty fee is charged from the tourists coming to Pakistan for climbing the
mountain peaks having a height of 7000 meters. Whereas, fee is charged from trackers climbing
the mountain on the established track less than the height of 7000 meters.
4.6.3.5 Receipts from Tourism Department
4.6.3.5.1 The receipts of the Tourism Department include Licenses Fee of Hotels, Restaurants
and Travel Agencies, Registration Fee of Hotels and Restaurants, Licenses Renewal fee of
Hotels, Restaurants and Travel Agencies and the Fines/Late fee of Hotels, Restaurants and
Travel Agencies within Capital Territory by Ministry of Interior.
4.6.3.6 Receipts Collected by Ministry of Foreign Affairs
4.6.3.6.1 It includes the receipts realized on the auction of vehicles, sale of used machinery
and equipment, gains on exchange against the remittances made by the Government for the
expenditure of the Pakistan's missions in various countries, recovery of overpayment made to the
Government servants posted abroad and the deduction of income tax, GP Fund, Benevolent
Fund, House Building and Motor Car Advances of the employees posted in various Pakistan's
missions abroad.
4.6.3.7 Receipts from Special Communication Organization
4.6.3.7.1 These receipts are collected by the Special Communications Organization for providing
telecommunication services in specific areas. The Special Communications Organization primarily
operates in the Azad Kashmir and Gilgit-Baltistan.Page 40
TABLE 35
Details of Other Receipts
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Other Receipts
Civil Armed Forces (Unclaimed Deposits)C03801 CAF1 4.050 3.763 4.080 (MOI)
C03802 Sale of Stores & Material (ICT) 54.851 45.633 48.871
C03802 Sale of Stores & Material (NHMP) - 262.423 262.423
C03802 MSA1 Sale of stores Materials - Defence Div 1.000 - -
C03802 PAEC Sale of Stores & Material (PAEC) 7.777 45.000 26.000
C03802 AGPR Sale of Stores & Material (AGPR) - 0.300 0.330
C03802 CGA Sale of Stores & Material (CGA) 0.600 1.500 2.000
C03802 MOFA Sale of Stores and Material (MoFA) 0.500 - 0.500
Sale publicity material & rent ofC03802 MOIB 0.400 1.000 1.500 documentaries (MOIB)
C03802 AGP1 Sale of Stores and Material (AGP) 1.023 7.800 2.500
Sale of Store and Material (ASF) AviationC03802 ASFH 7.000 7.000 7.250 Div.
C03805 NCRD Rent, Rates & Taxes (AHK & NCRD) 2.800 2.000 2.000
C03805 MOI1 Rent, Rates & Taxes (Auqaf) - ICT 0.400 0.385 0.406
C03805 AGPR Rent, Rates & Taxes (AGPR) - 0.060 0.066
C03805 CGA Rent, Rates & Taxes (CGA) 0.200 0.500 0.600
C03805 AGP1 Rent, Rates & Taxes (AGP) 0.803 0.605 0.673
Rent , Rates and Taxes (Hostel Charges)C03805 A.D 0.200 0.650 0.650 (Met Department)
C03805 Health Hospital Receipts (PIMS) - - 5.600
C03806 OCCI Citizenship Copyrights (ICT) 3.000 - -
Realizations under the Monopolies &
C03807 CCP1 Restrictive (Competetion Commission of 450.000 150.000 250.000
Pakistan)
C03808 PTL Lease & License Rent,Fee (M/o Petroleum) 2,500.000 1,070.000 2,500.000
Receipts under Abandoned Properties ActC0380B 11,500.000 11,445.000 11,000.000 1975
Other Receipts - Gains by Exchange onC03812 MOFA 110.000 90.000 110.000 Remittance Abroad (MoFA)
C03818 OCCI Fee for Registration of Societies (ICT) 0.750 - -
C03821 DTS3 Receipts of Tourist Department (IPC Div) 22.000 20.000 22.000
Recovery of Overpayments (M/o ForeignC03824 MOFA 40.000 25.000 40.000 Affairs)
Recoveries of Overpayment (ASF) AviationC03824 ASFH 0.250 0.250 0.250 Div.
Contd….Page 41
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
C03824 CGA Recoveries of Overpayment (CGA). 0.150 1.500 1.650
C03824 AGPR Recoveries of Overpayment (AGPR). - 0.158 -
C03824 AGP Recoveries of Overpayment (AGP). 0.591 0.640 0.650
Recoveries of Overpayment (Met Deptt)C03824 - 1.834 - Aviation Div.
C03825 OCCI Payment for services Rendered (ICT) 20.000 8.000 9.000
Collection of Payment for services RenderedC03825 CGA 0.060 0.100 0.100 (CGA)
Collection of Payment for services RenderedC03825 AGPR - 0.050 - (AGPR)
Collection of Payment for Service
C03825 Rendered,Helicopter Charges (Cabinet 1.000 1.000 1.000
Division)
C03829 PAEC Fees, Fines & Forfeitures (PAEC) 0.520 0.520 0.520
C03829 CGA1 Fees, Fines & Misc Receipts (CGA) 0.050 - -
Other Receipts Fees, Fines and ForfeituresC03829 - 7.080 8.250 (M/o Religious Affairs & I.H)
Other Receipts Fees, Fines and ForfeituresC03829 0.013 0.020 0.025 (AGP)
C03835 OCCI Arms License Fee (D.C ICT) 20.000 23.000 25.000
Airport Entry/ Tender Fees, Fines (ASF)C03841 ASFH 3.860 3.900 3.900 Aviation Div.
C03841 Tender Fees / Misc Receipts (CGA) 0.040 0.040 0.050
Sale Proceed of Darbar, ToshakhanaC03843 10.000 10.000 10.000 (Cabinet Division)
C03849 ASFH Contractor Penalty (ASF) Aviation Div. 0.100 0.100 0.100
C03850 NAB1 Recovery of National Accountability Bureau 200.000 15.000 200.000
C03853 PARC Sale of Publications (PPARC) 0.400 0.200 0.400
EIA Review Fee(Pak. EnvironmentalC03855 PEP2 2.000 1.600 2.000 Protection Agency)
C03870 PAEC Others (PAEC) 41.000 41.000 43.000
Others-Sales of Jinnah Papers ,Quaid-e-C03870 NHLH 0.100 0.100 0.100 Azam Papers Wing (Heritage Division)
Others-National Language Promotion DepttC03870 1.800 1.800 1.800 (Heritage Division)
C03870 MOFA Other Receipts of M/o Foreign Affairs 800.000 500.000 330.000
C03870 CGA1 Others ( CGA) 0.075 3.800 3.100
C03870 NI Rehabilitation of Medicines 7.500 - -
Miscellaneous Receipts of attachedC03870 35,000.000 26,536.000 44,405.000 departments
Contd….Page 42
(Rs. In Million)
C03870 Others-GSP2 (M/o Petroleum Division) 4.000 4.000 5.000
C03870 AGPR Others (AGPR) - 3.000 0.070
C03870 Others (AGP) 0.079 1.000 1.200
C03870 Others-Hostel Room Rent (M/o FE&PT) 0.500 0.500 0.650
Income from Swing Pool, Ground Hall andC03870 200.000 30.000 55.000 Membership Fee, (Hostel & Others) IPC Div.
Receipts of Special CommunicationsC03893 SCO1 5,000.000 4,300.000 6,000.000 Organization
C03895 MOIB Film Censorship Fee (MoIB&NH) 10.000 6.700 10.000
C038 Total Other Receipts 56,031.442 44,681.511 65,405.264
4.6.4 Receipts from Oil and Gas Sector
4.6.4.1 Petroleum Levy
4.6.4.1.1 Petroleum Products (Petroleum Levy) Ordinance, 1961 amended from time to time,
provides imposition of Petroleum Levy. Ex-refinery/import price of oil is added with Inland Freight
Equalization Margin (IFEM), Oil Marketing Companies (OMCs) distribution margin and dealer's
commission as fixed by Government of Pakistan in Rs/per liter. On this accumulated price of oil,
Petroleum Levy is fixed by Government of Pakistan in Rs. per liter from time to time is levied.
4.6.4.2 Natural Gas Development Surcharge
4.6.4.2.1 As per Natural Gas Development Surcharge Ordinance, 1967, every company as
mentioned in the Schedule shall collect and pay to the Federal Government a development
surcharge equal to the differential margin i.e the amount by which the fixed sale price exceeds the
prescribed price, in respect of natural gas sold by it.
4.6.4.3 Royalty on Oil and Gas
4.6.4.3.1 According to Article 16(1) of the Constitution of Islamic Republic of Pakistan, the
royalty collected by the Federal Government shall not form part of the Federal Consolidated Fund
and shall be paid to the provinces in which the well-head of natural gas is situated. As per Clause
5 of 7th National Finance Commission Award notified vide President's Order No.5 of 2010, each
of the provinces shall be paid in each financial year as a share in the net proceeds of the total
royalties on crude oil an amount which bears to the total net proceeds the same proportion as the
production of crude oil in the province in that year bears to the total production of crude oil.Page 43
4.6.4.3.2 Petroleum Exploration & Production Policy 2012 approved by Ministry of Petroleum & Natural Resources Government of Pakistan imposes Royalty on exploration and production of oil and gas. Clause 4.1of Section II of the said policy provides that royalty will be payable at the rate of 12.5% of the value of petroleum at the field gate. The royalty will be paid by the Federal Government to Provinces to the extent of their share of liquid and gaseous hydrocarbons (such as LPG, NGL, Solvent oil, gasoline and others) as well as all substances including sulphur, produced in association with such hydrocarbon. The lease rent paid during the year shall not be deductible from the royalty payment. A 10% of the royalty will be utilized in the district where oil and gas is produced for infrastructure development. 4.6.4.4 Discount on Local Crude Oil 4.6.4.4.1 Crude Oil and Natural Gas is explored/extracted by the Exploration and Production (E&P) Companies working under "Petroleum Concession Agreement (PCA)". E&P companies sell the crude oil to refineries at the rate prevailing in the international market based on the formula as per PCA. Under various agreements, E&P Companies agree to sell the crude oil to refineries at different discounted rate on attainment of certain milestones as per PCA. The amount of discount is retained by the refineries while making payment of crude oil to E&P companies and deposited in Government head of account. 4.6.4.5 Windfall Levy on Crude Oil 4.6.4.5.1 As per Petroleum Exploration & Production Policy 2012, Windfall Levy (WLO) will be applicable on crude oil and condensate using the formula i.e WLO = 0.4 x (M-R) x (P-B) Where: WLO = Windfall Levy on crude oil and condensate; M = Net production (petroleum produced & saved); R = Royalty; P = Market Price of crude oil and condensate; and B = Base Price. All the benefit of windfall levy may be equally divided between the Federal Government and Provincial Government concerned. 4.6.4.6 Gas Infrastructure Development Cess (GIDC) 4.6.4.6.1 Gas Infrastructure Development Cess Act 2015 provides legal framework to levy and collect the Cess from gas consumers other than the domestic sector consumers at the rates as provided in the Second Schedule to this Act. The gas company shall be responsible for billing of cess to gas consumers, its collection and its onward payment to Federal Government in the manner as prescribed by the Federal Government. As per Section 4 of the Act, the cess shall be utilized by the Federal Government for or in connection with infrastructure development of Iran Pakistan Pipeline Project, Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Project, and LNG or other ancillary projects. 4.6.4.6.2 The major billing companies are: (1) Sui Northern Gas Pipelines Limited, (2) Sui Southern Gas Company Limited, (3) Mari Petroleum Company Limited (formerly Mari Gas Company Limited),(4) Pakistan Petroleum Limited, (5) Tullow Pakistan Development Limited, (6) Oil and Gas Development Company Limited. Rates of Cess (Rs./MMBTU) are Rs. 300 for Fertilizer Feed, Rs. 200 for Captive Power, Rs. 100 for Industry, Rs. 100 for KESC/GENCO, Rs. 100 for IPPs, Rs.263 for CNG Region-I and Rs. 200 for CNG Region-1
Page 44
4.6.4.6.2 The details of development surcharges and levies are given below table:-
TABLE 36
Receipts from Oil and Gas Sector
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Development Surcharge & Royalties
C03901 Petroleum Levy 855,000.000 542,000.000 869,000.000
C03902 Natural Gas Development Surcharge 40,000.000 14,000.000 40,000.000
C03905 Royalty on Oil 46,000.000 54,000.000 50,000.000
C03906 Royalty on Gas 70,000.000 65,000.000 75,000.000
C03910 Discount Retained on Local Crude Price 20,000.000 20,000.000 20,000.000
C03915 Windfall Levy against Crude Oil 10,000.000 30,000.000 35,000.000
C03916 Gas Infrastructure Development Cess 30,000.000 10,000.000 40,000.000
C03917 Petroleum Levy on LPG. 8,000.000 3,450.000 12,000.000
Total Development Surcharge &
C039 1,079,000.00 738,450.000 1,141,000.000
RoyaltiesPage 45
Chapter 5: PROVINCIAL SHARE IN REVENUE RECEIPTS
5.1 The provincial share of revenues from the divisible pool taxes, straight transfers etc. is
governed in accordance with the provisions of 7th National Finance Commission Award notified
vide President's Order No.5 of 2010 issued on 10th May, 2010, which is reproduced as under:
PRESIDENT'S ORDER NO.5 OF 2010
AN
ORDER
to provide for distribution of revenues and certain grants
WHEREAS in pursuance of clause (1) of Article 160 of the Constitution of the Islamic
Republic of Pakistan (hereinafter referred to as the Constitution), the President, by the Finance
Division's Notification No.S.R.O. 739(I)/2005 dated 21st July, 2005, as modified by the said
Division's Notification No.S.R.O.693(I)/2009, dated 24th July, 2009, appointed a National Finance
Commission to make recommendations, among other matters, as to the distribution between the
Federation and the Provinces of the net proceeds of certain taxes;
AND WHEREAS the said Commission has also submitted its recommendations with
regard to the said distribution;
NOW, THEREFORE, in pursuance of clauses (4) and (7) of Article 160 of the
Constitution, the President is pleased to make the following Order:-
1. Short title and commencement: (1) This Order may be called the Distribution of
Revenues and Grant-in-Aid Order, 2010.
(2) It shall come into force on the first day of July, 2010.
2. Definitions: In this Order, unless there is anything repugnant in the subject or
context.---
(a) "Net Proceeds" means, in relation to any tax, duty or levy, the proceeds thereof
reduced by the cost of collection as ascertained and certified by the Auditor
General of Pakistan, and
(b) "taxes on income" includes corporation tax but does not include taxes on
income consisting of remuneration paid out of the Federal Consolidated Fund.
3. Distribution of Revenues. (1) The divisible pool taxes in each year shall
consist of the following taxes levied and collected by the Federal
Government in that year,
(a) taxes on income;
(b) wealth tax;
(c) capital value tax;
(d) taxes on sales & purchases of goods imported, exported, produced,
manufactured or consumed;
(e) export duties on cotton;
(f) customs duties;
(g) federal excise duties excluding the excise duty on gas charged at well-
head; andPage 46
(h) any other tax which may be levied by the Federal Government.
(2) One percent of the net proceeds of divisible taxes shall be assigned to
Government of Khyber Pakhtunkhwa to meet the expenses on War on Terror.
(3) After deducting the amount as prescribed in clause (2), of the balance amount of
the net proceeds of divisible pool taxes, fifty six percent shall be assigned to the provinces during
the financial year 2010-11 and fifty seven and a half percent from the financial year 2011-12
onwards. The share of the Federal Government in the net proceeds of the divisible pool shall be
forty-four percent during the financial year 2010-11 and forty -two and half percent from the
financial year 2011-12 onwards
4. Allocation of shares to the Provincial Governments. (1) The Province -wise
ratios given in clause (2) are based on multiple indicators. The indicators and their respective
weights as agreed upon are:-
(a) Population 82.0%
(b) Poverty or backwardness 10.3%
(c) Revenue collection or generation 5.0%
(d) Inverse population density 2.7%
(2) The sum assigned to the Provincial Governments under Article 3 shall be
distributed amongst the Provinces on the basis of the percentage specified against each:-
(a) Balochistan 9.09%
(b) Khyber Pakhtunkhwa 14.62%
(c) Punjab 51.74%
(d) Sindh 24.55%
Total: 100.00%
(3) The Federal Government shall guarantee that Balochistan Province shall receive
the projected sum of eighty-three billion rupees from the provincial share in the net proceeds of
divisible pool taxes in the first year of the Award. Any shortfall in this amount shall be made up by
the Federal Government from its own resources. This arrangement for Balochistan shall remain
protected throughout the remaining four years of the Award based on annual budgetary
projections.
5. Payment of net proceeds of royalty on crude oil : Each of the Provinces
shall be paid in each financial year as a share in the net proceeds of the total royalties on crude
oil an amount which bears to the total net proceeds the same proportion as the production of
crude oil in the Province in that year bears to the total production of crude oil.
6. Payment of net proceeds of development surcharge on natural gas to the
provinces : (1) Each of the Provinces shall be paid in each financial year as a share in net
proceeds to be worked out based on average rate per MMBTU of the respective province. The
average rate per MMBTU shall be derived by notionally clubbing both the royalty on Natural Gas
and Development Surcharge on Gas. Royalty on natural gas shall be distributed in accordance
with clause (1) of Article 161 of the Constitution whereas the development surcharge on natural
gas would be disrtributed by making adjustments based on this average rate.Page 47
(2) The development surcharge on natural gas for Balochistan with effect from Ist
July, 2002 shall be reworked out hypothetically on the basis of formula given in clause (1) and the
amount, subject to maximum of ten billion rupees, shall be paid in five equal installments by the
Federal Government as grants to be charged on the Federal Consolidated Fund.
7. Grants-in-Aid to the Provinces: There shall be charged upon the Federal
Consolidated Fund each year, as grants-in-aid of the revenues of the province of Sindh an
amount equivalent to 0.66% of the provincial share in the net proceeds of divisible pool as a
compensation for the losses on account of abolition of octroi and zila tax.
8. Sales Tax on services: NFC recognizes that sales tax on services is a
Provincial subject under the Constitution of the Islamic Republic of Pakistan, and may be
collected by respective Provinces, if they so desired.
9. Miscellaneous: (1) NFC also recommended increase in the rate of excise duty
on natural gas to Rs. 10.0 per MMBTU. Federal Government may initiate necessary legislation
accordingly.
(2) The NFC recommended that the Federal Government and Provincial
Governments should streamline their tax collection systems to reduce leakages and increase
their revenues through efforts to improve taxation in order to achieve a 15% tax to GDP ratio by
the terminal year i.e. 2014-15. Provinces would initiate steps to effectively tax the agriculture and
real estate sector. Federal Government and Provincial Governments may take necessary
administrative and legislative steps accordingly.
(3) Federal Government and Provincial Governments would develop and enforce
mechanism for maintaining fiscal discipline at the Federal and Provincial levels through legislative
and administrative measures.
(4) The Federal Government may assist the Provinces through specific grants in
times of unforeseen calamities.
(5) The meetings of the NFC may be convened regularly on a quarterly basis to
monitor implementation of the award in letter and spirit.
10. Repeal.- The Distribution of Revenues and Grant-in-Aid Order, 1997 (P.O.No.1
of 1997), and the Distribution of Revenues and Grants-in-Aid, Order, 2010. (P.O. 4 of 2010) are
hereby repealed.
ASIF ALI ZARDARI
PresidentPage 48
5.2 Distribution of Revenues and Grants-in-Aid Order, 2010 (President's Order No. 5 of
2010) was slightly amended through President's Order No.6 of 2015, which is reproduced as
under;
PRESIDENT'S ORDER NO.6 OF 2015
AN
ORDER
To amend Distribution of Revenues and Grants-in-Aid Order, 2010 (President's Order
No.5 of 2010)
Whereas it is expedient to amend the Distribution of Revenues and Grants-in-Aid
Order, 2010 (P.O. No. 5 of 2010) for the purpose hereinafter appearing.
Now therefore in pursuance of clause (6) read with clause (7) of Article 16 of the
Constitution of the Islamic Republic of Pakistan, the President is pleased to make the following
Order:-
1. Short title and commencement: (1)This Order may be called the Distribution of
Revenues and Grants-in-Aid (Amendment) Order 2015.
(2) It shall come into force on the first day of July 2015.
(3) It will remain in force till further orders.
2. Substitution of Article-4(3) P.O No.5 of 2010: In the Distribution of Revenues
and Grants-in-Aid Order, 2010 (P.O. No. 5 of 2010) for Article 4(3) the following shall be
substituted;
3. The Federal Government shall guarantee that Balochistan Province shall receive
the projected sum of eighty-three billion rupees from the provincial share in the net proceeds of
divisible pool taxes in the first year of the Award and any shortfall in this amount shall be made up
by the Federal Government from its own resources. This arrangement for Balochistan shall
remain protected throughout Award period based on annual budgetary projections.
MAMNOON HUSSAIN
PresidentPage 49
5.3 The following table shows the estimated transfers to the provincial governments on account
of their share in Federal Taxes and by straight transfers during the year 2022-23 and 2023-24;
TABLE 37
Provincial Share in Revenue Receipts
2022-23 (Budget)
(Rs. In Million)
Object *Khyber
Description Balochistan Punjab Sindh Total
Code Pakhtunkhwa
(A) Divisible Taxes 378,882.994 682,601.998 2,159,738.511 1,026,424.028 4,247,647.531
B01108 Taxes on Income 153,350.678 276,279.17 876,015.508 417,313.096 1,722,958.451
B01809 Capital Value Tax 26.382 47.531 150.166 71.252 295.331
B02303 Sales Tax excl. GSTB02382 157,346.322 283,477.79 895,610.419 424,956.238 1,761,390.768 on servicesB02383
B02408 Federal Excise (Net 19,977.447 35,991.706 113,711.017 53,954.492 223,634.662B02503 of Gas)
B02170 Customs Duties 48,182.165 86,805.803 274,251.401 130,128.950 539,368.319
(B) Straight Transfers 15,197.515 30,900.157 7,996.937 70,822.824 124,917.433
Gas DevelopmentC03904 834.929 1,294.142 303.624 17,167.305 15,866.613 Surcharge
Royalty on NaturalC03908 11,948.101 11,310.013 1,712.932 36,147.006 52,736.015 Gas
C03907 Royalty on Crude 275.145 16,395.782 5,570.741 10,174.193 23,199.099
Oil Excise Duty onB03044 2,139.340 1,900.220 409.640 7,334.320 14,704.540 Natural Gas
Total (A+B) 394,080.509 713,502.155 2,167,735.448 1,097,246.852 4,372,564.964Page 50
TABLE 38
Provincial Share in Revenue Receipts
2022-23 (Revised)
(Rs. In Million)
Object Khyber
Description Balochistan Punjab Sindh Total
Code Pakhtunkhwa
(A) Divisible Taxes 370,639.894 642,237.68 2,029,517.907 962,754.347 4,005,149.828
B01108 Taxes on Income 153,350.678 257,316.33 812,956.773 385,738.090 1,609,361.874
B01809 Capital Value Tax 26.382 57.221 180.783 85.779 350.165
B02303 Sales Tax excl. GST
B02382 149,103.222 244,993.78 774,478.563 367,253.461 1,535,829.024 on services
B02383
B02408 Federal Excise (Net 19,977.447 41,056.789 129,713.474 61,547.463 252,295.173B02503 of Gas)
B02170 Customs Duties 48,182.165 98,813.559 312,188.314 148,129.554 607,313.592
(B) Straight Transfers 18,370.263 36,350.492 12,582.010 56,548.289 123,851.054
Gas DevelopmentC03904 353.228 2,095.151 515.495 9,149.354 12,113.228 Surcharge
Royalty on NaturalC03908 15,724.090 9,748.873 2,190.418 31,910.123 59,573.504 Gas
C03907 Royalty on Crude 157.525 22,423.968 9,487.037 8,195.652 40,264.182
OilExcise Duty onB03044 2,135.420 2,082.500 389.060 7,293.160 11,900.140 Natural Gas
Total (A+B) 389,010.157 678,588.172 2,042,099.917 1,019,302.636 4,129,000.882
TABLE 39
Provincial Share in Revenue Receipts
2023-24 (Budget)
(Rs. In Million)
Object Khyber
Description Balochistan Punjab Sindh Total
Code Pakhtunkhwa
(A) Divisible Taxes 475,397.281 856,483.771 2,650,622.697 1,283,938.760 5,266,442.509
B01108 Taxes on Income 213,160.755 384,034.02 1,185,980.461 575,698.193 2,358,873.425
B01809 Capital Value Tax 47.384 85.371 269.715 127.977 530.447
B02303 Sales Tax excl. GST
B02382 174,088.146 313,640.142 962,904.365 470,172.055 1,920,804.708 on services
B02383
B02408 Federal Excise (Net 26,828.033 48,333.838 152,704.339 72,456.350 300,322.560
B02503 of Gas)
B02170 Customs Duties 61,272.963 110,390.404 348,763.817 165,484.185 685,911.369
(B) Straight Transfers 19,189.389 38,661.140 13,269.543 61,438.608 132,558.680
Gas DevelopmentC03904 - 2,427.698 549.565 10,742.736 13,719.999 Surcharge
Royalty on NaturalC03908 16,510.285 10,236.316 2,299.942 33,505.632 62,552.175
Gas
C03907 Royalty on Crude 165.404 23,545.166 9,961.396 8,605.440 42,277.406
Oil Excise Duty onB03044 2,513.700 2,451.960 458.640 8,584.800 14,009.100 Natural Gas
Total (A+B) 494,586.670 895,144.911 2,663,892.240 1,345,377.368 5,399,001.189Page 51
Chapter 6: CAPITAL RECEIPTS
6.1 Capital receipts comprise Recoveries of Loans and Advances from Provinces and other
entities and Public Debt which includes Permanent Debt and Floating Debt. The net capital
receipts so realized by the Federal Government generally constitute the available resources for
the financing of its Public Sector Development Programme. External finances and un-funded debt
(primarily made up of the various instruments available under the National Savings Schemes)
also fall under the category of Capital Receipts, however, they are covered under separate
chapters of this publication.
6.2 The following table indicates the position of capital receipts for 2022-23 (Budget and
Revised) and 2023-24(Budget).
TABLE 40
Capital Receipts
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Capital Receipts
I. Recoveries of Loans and Advances 253,576.000 322,656.000 632,200.000
E021 Provinces 243,576.000 312,656.000 621,700.000
E022-27 PSEs and Others 10,000.000 10,000.000 10,500.000
II. Public Debt (Net) 2,121,483.538 3,104,548.571 1,898,918.853
Permanent Debt (Net) 1,970,265.966 1,554,783.796 1,699,309.348
E031 Domestic Debt (Permanent) 1,970,328.966 1,554,825.396 1,699,372.348
E033 Foreign Currency Debt (Permanent) (63.000) (41.600) (63.000)
E032 Floating Debt (Net) 151,217.572 1,549,764.775 199,609.505
Total Capital Receipts (I+II) 2,375,059.538 3,427,204.571 2,531,118.853Page 52
6.3 Recovery of Loans and Advances
6.3.1 The recovery of principal amount of loans and advances from provinces, public sector
enterprises, financial and non-financial institutions is reflected in this section.
6.3.2 The estimates of recoveries of loans and advances are given below tables :
TABLE 41
Recovery of Loans and Advances
(Provinces)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Province-Wise Break-up
Punjab 63,977.267 84,555.006 112,937.086
Cash Loans 1,087.883 1,087.883 980.095
Foreign Loans 62,889.384 83,467.123 111,956.991
Sindh 30,255.727 39,523.843 45,392.616
Cash Loans 2,942.763 2,942.763 2,735.486
Foreign Loans 27,312.964 36,581.080 42,657.130
Khyber Pakhtunkhwa 15,702.620 20,975.769 25,039.671
Cash Loans - - -
Foreign Loans 15,702.620 20,975.769 25,039.671
Balochistan 5,256.002 7,885.070 7,964.486
Cash Loans 13.097 13.097 14.555
Foreign Loans 5,242.905 7,871.973 7,949.931
E021 Total (Recovery of Loans) 115,191.616 152,939.688 191,333.859
Loan-wise Break-up
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Cash Loans 4,043.743 4,043.743 3,730.136
Punjab 1,087.883 1,087.883 980.095
Sindh 2,942.763 2,942.763 2,735.486
Khyber Pakhtoonkhwa - - -
Balochistan 13.097 13.097 14.555
Foreign Loans 111,147.873 148,895.945 187,603.723
Punjab 62,889.384 83,467.123 111,956.991
Sindh 27,312.964 36,581.080 42,657.130
Khyber Pakhtoonkhwa 15,702.620 20,975.769 25,039.671
Balochistan 5,242.905 7,871.973 7,949.931
E021 Total (Recovery of Loans) 115,191.616 152,939.688 191,333.859Page 53
TABLE 42
Recovery of Loans and Advances
(Local Bodies)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Local Bodies
E022 Cash Loans (A) 17,655.591 17,655.590 32,959.060
PTV 58.753 58.750 58.750
Lahore Garment City 20.702 20.700 23.110
NHA 16,262.942 16,262.940 31,520.660
PBC 74.571 74.570 82.810
Capital Development Authority 139.637 139.640 149.410
State Engineering Corporation 3.491 3.490 4.710
Printing Corporation of Pakistan 195.631 195.630 18.100
Pakistan Steel Mil 887.167 887.170 1,087.930
Heavy Mechanical Complex 12.697 12.700 13.580
E022 Foreign Loans (B) 78,557.640 97,810.880 105,311.467
Karachi Port Trust 968.828 1,294.248 1,501.998
NHA 46,717.223 47,589.822 46,826.958
GIK Institute 3.919 5.377 6.263
SSGC 1.501 1.501 1.501
Shaukat Khanum Memorial Trust 10.951 15.026 17.503
NEPRA 0.751 0.751 0.751
OGRA 0.623 0.623 0.623
P.A.E.C (Chashma Nuclear Power Plant) 30,853.844 48,903.532 56,955.870
E022 Total Local Bodies (A+B) 96,213.231 115,466.470 138,270.527
TABLE 43
Recovery of Loans and Advances
(Financial Institutions)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Financial Institutions
Foreign Loans 411.131 411.131 724.949
IDBP 97.314 97.314 97.314
Pakistan Mortage Refinance Co Ltd (PMRC) 313.817 313.817 627.635
E023 Total - Financial Institutions 411.131 411.131 724.949Page 54
TABLE 44
Recovery of Loans and Advances
(Non-Financial Institutions)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
(I) Power Sector 43,448.212 47,041.499 46,349.995
E024 Cash Loans (A) 3,651.613 3,651.620 3,792.390
WAPDA (power wing) 2,439.259 2,439.260 2,507.060
WAPDA (water wing) 43.584 43.580 71.420
TESCO 28.317 28.320 23.480
QESCO 77.697 77.700 85.300
MEPCO 20.220 20.220 22.840
GENCO-I 27.054 27.050 10.160
GENCO-II 245.918 245.920 254.310
GENCO-III 143.721 143.720 127.580
GENCO-IV 3.231 3.230 1.130
CPPA 40.100 40.100 40.100
NJHP 543.075 543.080 606.670
NTDC 39.437 39.440 42.340
E024 Foreign Loans (B) 39,796.599 43,389.879 42,557.605
WAPDA (Power Wing) 8,732.970 10,315.853 8,691.154
WAPDA (water wing) - - -
Jamshoro Power Company Ltd (JPCL) 3,163.296 4,723.664 6,081.567
LESCO 597.436 597.436 467.657
HESCO 651.227 651.227 574.798
PESCO 445.634 455.845 385.465
QESCO 676.672 676.672 595.717
GEPCO 528.235 528.235 497.565
IESCO 801.480 803.738 721.569
FESCO 375.606 375.606 316.162
MEPCO 875.186 875.186 811.034
NTDC 9,887.782 10,325.342 10,353.842
NJHP 13,035.379 13,035.379 13,035.379
PEPCO 25.696 25.696 25.696
(II) Autonomous Bodies/Corporations 4,316.633 4,340.877 4,855.345
E024 Foreign Loans 4,316.633 4,340.877 4,855.345
Pakistan Railways 1,059.965 1,084.209 840.070
Korangi Fisheries Harbour Authority (KFHA) 26.584 26.584 26.584
PPAF 1,125.465 1,125.465 1,190.621
TEVTA 31.856 31.856 31.856
SUPARCO 1,816.759 1,816.759 2,510.210
Special Communication Organization 256.004 256.004 256.004
E024 Total Non-Financial Institutions (A+B) 47,764.845 51,382.376 51,205.340Page 55
TABLE 45
Recovery of Loans and Advances
(From Government Servants)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Government Servants
Cantt/Garrison Educational Institutions 58.120 58.140 61.047
Office of the AGPR, Islamabad 5,145.810 5,266.646 5,793.311
AGPR sub-office, Lahore 1,263.513 1,367.353 1,504.088
AGPR sub-office, Karachi 1,275.178 9,648.762 10,613.639
AGPR sub-office,Peshawr 594.177 585.336 643.869
AGPR sub-office, Quetta 237.845 244.855 269.341
AGPR sub-office, Gilgit 422.640 211.818 254.181
Defence 732.534 - -
Military Accoumtant General,Rawalpindi 8.080 - -
Pakistan Post Office Deptt 355.000 - -
Pak PWD 126.560 135.372 148.910
Pakistan Mint 22.360 22.970 23.980
CAO (Ministry of Foreign Affairs) 223.393 196.014 215.616
Central Dte of National Savings 167.917 148.023 150.127
Geological Survey of Pakistan 52.229 - -
Special Communication Organization 13.277 12.477 13.725
National Tariff Commission 41.323 15.341 16.876
NDMA 0.766 1.391 1.391
E025 Total Government Servants 10,740.722 17,914.498 19,710.101
TABLE 46
Recovery of Loans and Advances (Others)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Others
Recovery of Cash Loans (Others) 12,922.2 262,434.4 23,605.6
Ways & Means Advances to Provinces,AJK/ 10,000.0 260,000.000 21,015.0
Cash Loans- Govt of AJK 2,904.530 2,419.070 2,573.786
Cash Loans - PNRA 17.691 15.323 16.856
Recovery of Foreign Loans (Others) 2,952.697 4,089.474 4,606.228
Foreign Loans-Govt of AJK 2,950.072 4,085.865 4,487.824
Foreign Loans-Govt of Gilgit,-Baltistan 2.625 3.609 118.404
E027 Total - Others 15,874.918 266,523.867 28,211.870Page 56
TABLE 47
Summary of Recovery of Loans and Advances
(Provinces,PSEs & Others)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Total Recovery Cash Loans (PSEs) 44,970.147 301,656.101 80,067.193
Total Recovery Foreign Loans (PSEs ) 126,034.700 150,042.241 158,055.594
Total Recovery of Loan & AdvancesE021 115,191.616 152,939.688 191,333.859
(Provinces)
Recovery from Arrears Stock 128,384.384 159,716.312 430,366.141
Net Recovery of Loan & Advances
243,576.000 312,656.000 621,700.000
(Provinces)
E022 Total Local Bodies 96,213.231 115,466.470 138,270.527
E023 Total Financial Institutions 411.131 411.131 724.949
E024 Total Non-Financial Institutions 47,764.845 51,382.376 51,205.340
E025 Total Government Servants 10,740.722 17,914.498 19,710.101
E027 Total - Others 15,874.918 266,523.867 28,211.870
Total Recovery of Loan & Advances
171,004.847 451,698.342 238,122.787
(PSEs & Others )
Estimated Shortfall 161,004.847 441,698.342 227,622.787
Net Recovery of Loan & Advances (PSEs
10,000.000 10,000.000 10,500.000
& Others)
Grand Total - Recovery of Loans 253,576.000 322,656.000 632,200.000Page 57
6.4 Public Debt
6.4.1 Public Debt of the Federal Government is classified into two categories:
(i) Domestic debt, which includes permanent debt, floating debt and unfunded debt; and
(ii) Foreign currency debt, which includes long, medium and short term debt.
6.4.2 Domestic Debt (Permanent)
The main features of securities through which domestic debt (permanent) is raised are
given below:
6.4.2.1 Pakistan Investment Bonds
This security having maturity period of 2, 3, 5, 7, 10, 15, 20 and 30 years is in operation
since 2000. Against the budgeted receipt of Rs. 747860.420 million for the year 2022-23, the
revised estimates for the year 2022-23 have been worked out at Rs. 288,362.381 million
whereas the budget estimates for the year 2023-24 are estimated at Rs. 295,769.075 million.
6.4.2.2 Government Ijara Sukuk Bonds
The Government of Pakistan Ijara Sukuk Bonds are issued through Pakistan Domestic
Sukuk Company Limited. The Sukuk are not redeemable before maturity. The profit on the Sukuk
is payable bi-annually on rental rate to be announced by State Bank of Pakistan. Against the
budget estimates of Rs. 1,200,000.00 million for the year 2022-23, the revised estimates have
been projected at Rs. 861,000.00 million. The budget estimates for the year 2023-24 are
estimated at Rs. 1,261,569.700 million.
6.4.2.3 The net receipts from domestic debt (permanent) during the year 2022-2023 (Budget &
Revised) and 2023-2024 (Budget) are estimated as under:
TABLE 48
Public Debt (Net)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Domestic Debt (Permanent)
Pakistan Investment Bonds (Non-Bank) 747,860.326 288,362.381 244,801.825
Government Ijara Sukuk Bonds 1,200,000.000 901,000.000 1,431,569.700
Premium Prize Bond (Registered) 25,000.000 (1,000.000) 25,000.000
Pakistan Banao Certificate (3 Years) (2,150.392) (2,294.037) (693.970)
Pakistan Banao Certificate (5 Years) (308.441) - (650.967)
FADRA (72.527) (234.558) (654.240)
ICBC (Foreign Currency Denominated Domes - 368,991.610 -
E031 Total Domestic Debt (Permanent) 1,970,328.966 1,554,825.396 1,699,372.348Page 58
6.4.3 Foreign Currency Debt (Permanent)
It includes the following securities:
6.4.3.1 Foreign Exchange Bearer Certificates (FEBCs)
Budget estimates in case of repayment of Foreign Exchange Bearer Certificates for
financial year 2022-23 were estimated at Rs. 5.000 million. Revised estimates for the year 2022-
23 are projected at Rs. 0.500 million whereas budget estimates for financial year 2023-24 have
been kept at Rs. 5.000 million.
6.4.3.2 Foreign Currency Bearer Certificates (FCBCs)
Repayment on account of Foreign Currency Bearer Certificates in the budget estimates
for the year 2022-23 was estimated at Rs. 5.000 million. Revised estimates for the year 2022-23
and budget estimates for the year 2023-24 on account of repayment have been kept at Rs.1.000
million and Rs.5.000 million respectively. These certificates are in US$ and Pound Sterling. Profit
is payable half yearly at floating rates which is not liable to income tax. Investment in these
certificates is exempt from Wealth Tax and compulsory deduction of Zakat.
6.4.3.3 US Dollar Bearer Certificates (DBCs)
This security was introduced in 1991 and discontinued on 17th November, 1994.
Against the repayment of Rs. 3.000 million in the budget estimate 2022-23, revised estimates in
2022-23 and budget estimates for the year 2023-24 have been kept at Rs. 0.100 million and
Rs.3.000 million respectively.
6.4.3.4 Special US Dollar Bonds
These bonds were issued under Special US Dollar Bonds Rules, 1998 to the Foreign
Currency Accounts holders or Foreign Currency Certificates holders with scheduled banks or non-
bank financial institutions out of their foreign currency deposits. Against the repayment of Rs.
50.000 million provided in budget estimates 2022-23, the repayment on account of these bonds in
revised estimates 2022-23 has been estimated at Rs.40.000 million and the repayment of budget
estimates for the year 2023-24 are estimated at Rs.50.000 million. The estimates of foreign
currency debt (permanent) are tabulated below:-
TABLE 49
Public Debt (Foreign Currency Permanent) - Net
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Foreign Currency Debt (Permanent)
Foreign Exchange Bearer Certificates (FEBCs (5.0) (0.5) (5.0)
Foreign Currency Bearer Certificates (FCBCs (5.0) (1.0) (5.0)
US Dollar Bearer Certificates (DBCs) (3.0) (0.1) (3.0)
Special US Dollar Bonds (50.0) (40.0) (50.0)
E033 Total Foreign Currency Debt (Permanent) (63.0) (41.6) (63.0)Page 59
6.5 Floating Debt
The term" Floating Debt "is applied to borrowing of purely temporary nature with currency of
not more than twelve months. Market Related Treasury Bills, National Prize Bonds and Bai-
Muajjal Ijara Sukuks are included in this category.
6.5.1 Market Related Treasury Bills (Auction)
These reflect non-bank borrowing of the Federal Government.
6.5.2 National Prize Bonds:
These are of bearer type non-terminable securities freely en-cashable and transferable by
delivery. These are issued in denomination of Rs.100/-, Rs.200/-, Rs.750/-, Rs.1,500/-, Rs.7,500/-
, Rs.15,000/-, Rs.25,000/- and Rs.40,000/-. Recently Prize Bonds amounting to Rs.7,500/-
,Rs.15,000/-,Rs.25,000/- and Rs.40,000/- has been converted from Bearer into Registered Pize
Bonds and data for conversion has been extended by Finance Division with consultation of State
Bank of Pakistan.The budget net figure (receipts minus Repayments) for the year 2022-23 was
Kept at Rs.17,296.572,million, the revised estimates for the year 2022-23 are kept at Rs.
10,556.775 million and budget estimates for the year 2023-24 are estimated at Rs.10,609.505
million.
6.5.3 Government Bai-Muajjal Ijara Sukuk
Government Bai-Muajjal Ijara Sukuk are issued through auction for a maturity period of one
year from date of issue. Bai-Muajjal Ijara Sukuk shall be repaid only on maturity. The profit earned
on Bai-Muajjal Ijara Sukuk shall be liable to income tax. Withholding tax shall be deducted at
source at the applicable rate. The estimates of receipts for floating debt during the year 2022-23
(Revised) and 2023-24 (Budget) are as under:-
TABLE 50
Floating Debt(NET)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Floating Debt
A. Market Treasury Bills through Auction
(Non-Bank)
Receipts 17,355,713.00 24,197,000.00 25,536,000.00
Repayments 17,198,000.00 22,634,000.00 25,347,000.00
A. Market Treasury Bills (NET) 157,713.000 1,563,000.000 189,000.000
B. National Prize Bond (Net) 17,296.572 10,556.775 10,609.505
C. Govt Bai-Muajjal Ijara Sukuk (23,792.000) (23,792.000) -
D. Ways & Means Advances - - -
E032 Total Floating Debt (A+B+C+D) 151,217.572 1,549,764.775 199,609.505Page 60
Chapter 7: PUBLIC ACCOUNT RECEIPTS
7.1 Article 78(1) of the Constitution of Islamic Republic of Pakistan provides that all revenues
received by the Federal Government, all loans raised by that Government and all moneys
received by it in repayment of loan, shall form part of the Federal Consolidated Fund. Article
78(2) provides that all other monies received by or on behalf of the Federal Government shall be
credited into the Public Account of the Federation. Therefore, all the monies received by or on
behalf of the Federal Government in terms of Article 78(2) are Public Account receipts which are
not revenues in terms of Article 78(1) of the Constitution. However, such Public Account receipts
cannot be operated without establishment of Special Purpose Funds, deposits, reserves etc
under the authority of an Act of the Parliament or with the approval of the Federal Government.
Moreover, as per Section 32 of the Public Finance Management Act, 2019, Special Purpose
Funds, in which monies have been appropriated by the National Assembly shall be established
under any law or with the approval of the Federal Government.
7.2 Public Account Receipts may be categorized as Deferred Liabilities and Deposit Receipts.
7.2.1 Deferred Liabilities
These receipts represent the net proceeds of various savings schemes launched by the
Government. Brief introduction of each saving scheme is given below.
7.2.2 Defence Savings Certificates
This is a ten years scheme. However, the investment can be encashed at any time. The
rate of return on Defence Savings Certificates has been linked with the yield of Pakistan
Investment Bonds of ten years maturity. The existing rate on this scheme is 14.87 % p.a. on
maturity. Withholding tax is deducted from the profit payment. Apart from the individuals,
institutions may invest their individuals' funds such as pension, gratuity, superannuation,
contribtory provident funds and trusts etc.in this scheme.
7.2.3 Special Savings Certificates
Special Savings Certificates (Registered/Accounts) is a three years scheme with profit
payable on six monthly basis. The rate of return on Special Savings Certificats/Accounts has
been linked with the yield of Pakistan Investment Bonds of three years maturity.The existing rate
of profit in this scheme is 19.00% per annum for first to fifth profits and 17.80 % for the last sixth
profit. While average rate is 18.00 %. Withholding tax is deducted from the profit payment. Apart
from individuals, institutions may invest their individuals' funds such as pension, gratuity,
superannuation, contribry provident funds and trusts etc.in this scheme.Page 61
7.2.4 Regular Income Certificates
This scheme was introduced on 02-02-1993 to ensure payment of income on monthly
basis. The rate of return on Regular Saving Certificates has been linked with the yield of Pakistan
Investment Bonds of five years matuarity. The existing profit on this scheme is 12.84 % per
annum. The profit in this scheme is subject to withholding tax and the investment is exempt from
compulsory deduction of zakat at source. Apart from individuals, institutions may invest their
individuals' funds such as pension, gratuity, superannuation, contributory provident funds and
trusts etc.in this scheme.Premature encashment on these certificates carry service charges as
under:-
(i) if encashed before completion of one year @ 2 % of face value
from the date of issue
(ii) Before two years @ 1.50 % of face value
(iii) Before three years @ 1% of face value
(iv) Before four years @ 0.5% of face value
7.2.5 Savings Accounts
This is the oldest saving scheme in operation which provides profit on non-checking
accounts.Zakat is deducted @ 2.50 % on credit balance on valuation date each year if
declaration in this regard is not filed.The existing profit on savings account is 19.50% p.a.
Withholding tax is deducted from the profit payment. Apart from individuals, institutions may
invest their individuals' funds such as pension, gratuity, superannuation, contributory provident
funds and trusts etc.in this scheme. .
7.2.6 Pensioners’ Benefit Accounts
This scheme has been launched with effect from 20-1-2003 to provide incentives to the
retired officials of the Federal Government, Provincial Governments, Azad Government of the
State of Jammu and Kashmir, Armed Forces, Semi Governments and Autonomous Bodies and in
case of death the pensioner’s eligible member of the family. Only one account can be opened in
the National Savings Centre with a minimum deposit of rupees ten thousand and in multiple of
one thousand with the facility of seven subsequent deposits subject to the maximum limit of five
million rupees. It is a ten years scheme and profit is payable on completion of each period of one
month reckoned from the date of opening of an account till maturity or encashment whichever is
earlier. The existing rate of profit on this scheme is 16.56 % per annum. Premature encashment
before completion of one, two, three and four years carries service charges at the rate of 1.00%,
0.75%, 0.50% and 0.25% of principal amount respectively. Profit accrued from this scheme is
exempt from compulsory deduction of withholding tax and Zakat. The scheme has been made
more attractive as any upward revision in rate of profit notified after 09.03.2009 shall also be
applicable to existing accounts holder whereas downward revision shall also be apply to fresh
investment only.Page 62
7.3.7 Bahbood Savings Certificates
Initially this scheme was introduced exclusively widows to cater for their needs with monthly
profit payment facility. The scheme was further extended to the persons of age 60 years or
above. The existing rate of profit on this scheme is 16.56 % per annum. The maximum
investment limit in this scheme is five million rupees and ten million rupees for joint holders. It is
only a compensatory package to enable widows and senior citizens to supplement their income to
lead a respectable life. Service charges at the rate of 1.00%, 0.75%, 0.50% and 0.25% of the
face value are deducted if certificates are encashed before completion of one, two, three and
four years respectively. Profit accrued from this scheme is exempt from compulsory deduction of
withholding tax and Zakat.The scheme has been made more attractive as any upward revision in
rate of profit notified after 09.03.2009 shall also be applicable to existing certificate holders
whereas downward revision shall apply to frash investment only.
7.2.8 Premium Prize Bonds (Registered):
Premium Prize Bonds (Registered) of Rs.40,000/- denomination have been launched.
These bonds offer biannual profit payment on completed period of six months i.e. 11.48% as well
as prize money on quarterly draws.The bond shall be registered against the name of purchaser.
The Ownership of bond is transferable from one person to another person through an application
on prescribed format.
7.2.9 Shuhada's Family Welfare Account (SFWA)
A new savings scheme, namely Shuhada Family Welfare Account (SFWA), for the welfare
of eligible family members of Shuhada (martyrs) has been launched on 11th May, 2018. The
eligible family members can open the SFWA account in any National Savings Centre across
Pakistan after fulfillment of required documentation. Preferential profit in line with the existing
welfare product i.e., Bahbood Savings Certificate and Pensioner Benefit Account shall be paid to
the investor of SFWA on monthly basis. Current profit rate is 16.56 % . Profit shall be exempted
from Withholding Tax and compulsory deduction of Zakat.
7.3 The Budget estimates of Public Account Receipts (Net) are given in below table
TABLE 51
Public Account Receipts (Net)
(Rs. In Million)
Object 2022-23 2022-23 Description 2023-24 Budget
Code Budget Revised
Deferred Liabilites (Net) (128,865.491) (438,270.857) (38,396.064)
Deposits and Reserves (Net) 3,669.427 48,893.043 45,606.288
Total (125,196.06) (389,377.81) 7210.22Page 63
7.4 The Budget estimates of Deferred Liabilites on account of National Savings Schemes
(Net)are reported in below table,
TABLE 52
Deferred Liabilities (Net)
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
Deferred Liabilities
Provident Fund (A) (15,129.426) (29,358.000) (25,264.782)
Saving/Deposit Acctt/Certificates (B) (113,736.065) (408,912.857) (13,131.282)
Saving Bank Accounts 7,066.573 2,498.322 11,760.865
Khas Deposit Accounts (5.000) (5.000) (5.000)
Mahana Amdani Accounts (70.000) (110.000) (130.000)
Pensioners' Benefit Accounts 21,022.686 12,202.528 23,581.240
Defence Saving Certificates (10,353.988) (38,553.199) (26,031.222)
Bahbood Savings Certificates 29,314.096 (18,588.031) 4,988.170
National Deposit Certificates (1.000) (0.800) (1.000)
Khas Deposit Certificates (0.700) (0.700) (0.700)
Special Savings Certificates (Registered) (100,677.491) (208,149.939) (40,086.961)
Special Savings Accounts (Term Deposit) (137,051.190) (85,883.014) (16,539.947)
Shuhda Welfare Account 13.000 20.000 20.000
Regular Income Certificates 27,006.949 (93,343.024) (155,686.727)
Short Term Savings Certificates (5,000.000) 21,000.000 25,000.000
Sarwa Islamic Saving and Term Accounts 55,000.000 - 160,000.000
G03 Total Deferred Liabilities (A+B) (128,865.491) (438,270.857) (38,396.064)
7.5 Deposits and Reserves
Deposits and Reserves represent all form of monies on the part of the Public Account of the
Federation as per Article 78(2) of the Constitution of Islamic Republic of Pakistan. The estimates
in table 46 are, however, subject to fulfillment of following stipulations;
(i) The funds appropriated by the National Assembly out of Federal Consolidated Funds in terms
of Articles 80 to 84 of the Constitution for a particular financial year (being lapsable) shall not be
deposited under these deposits and reserves heads of account (being non-lapsable) under the
Public Account.
(ii) The maintenance and operation of all these funds, deposits, reserves etc shall be subject to
their due establishment either under the authority of an Act of Parliament or with the approval of
the Federal Government, as the case may be.
(iii) Revenues as per Article 78(1) of the Constitution shall not be deposited in these deposits and
reserves heads of account under the Public Account. The revenues shall be deposited in the
respective heads of account of tax revenue and non tax revenue.
(iv) Receipt and withdrawal of funds into/from these deposits and resreves heads of account shall
only be allowed by the Accounting Offices subject to compliance of the stipulations at (i) to (iii)
above and to the extent of reconciled available balance under the respective head of account.Page 64
TABLE 53
Deposits and Reserve Fund
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
G06 FGE BENEVOLENT FUNDS 4,191.264 6,026.292 6,327.606
G06202 Civil 1,347.016 1,823.748 1,914.935
G06203 F.G.Employees Benevolent Fund (Defence) 2,690.402 4,104.696 4,309.931
G06205 Pakistan Post Office Department 86.625 3.528 3.704
G06206 Pak PWD 46.960 60.168 63.176
G06209 National Saving 12.751 24.660 25.893
G06210 Pakistan Mint 2.306 3.252 3.415
G06212 Geological Survey of Pakistan 5.002 6.240 6.552
G06214 Provincial Govt./Employee B. Fund. 0.202 - -
GROUP INSURANCE FUNDS 617.942 693.552 728.229
G06401 PAK PWD 4.649 5.688 5.972
G06404 National Saving 3.238 5.808 6.098
G06405 Pakistan Mint 0.139 0.180 0.189
G06407 Geological Survey of Pakistan 2.029 2.412 2.533
G06408 Provincial Govt Employees B.Fund 0.189 - -
G06409 Civil 413.872 462.588 485.717
G06410 Defence 190.033 216.372 227.191
G07104 Fed. Govt. Empl. Group Insur. Fund 3.793 0.504 0.529
Main Department 66,524.411 84,833.436 89,075.108
Defence 3,580.492 3,161.292 3,319.357
G11224 Deposit Account with Defence 3,580.492 3,161.292 3,319.357
Pakistan Post 47.680 - -
G07101 Post Office Renewal Reserve Fund 25.000 - -
G07102 Pakistan Post Office Welfare Fund 22.680 - -
Pak PWD 62,896.239 81,672.144 85,755.751
G10101 Pak. PWD Receipts & Collection Account 639.072 893.664 938.347
G10113 Public Works/Pak. PWD Deposits 62,257.167 80,778.480 84,817.404
OTHERS 27,233.842 74,300.118 79,937.965
G06304 Workers Welfare Fund 13,506.368 30,796.041 32,335.843
G06308 Staff Welfare Fund Balochistan Police 0.025 - -
G06315 Judicial Officers Welfare Fund. 1.588 3.504 3.679
G12135 PM's Special Fund for victims of Terrorism 0.063 - -
G12140 PM Flood relief Fund 2010 0.025 0.120 0.126
G12150 PM Relief Fund for Thar 2014 2,017.071 1,796.184 1,885.993
G12157 PM COVID-19 Pandemic Relief Fund 2020. 81.295 343.536 360.713
Contd….Page 65
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
G12164 - 10,028.501 10,529.926 PM's Relief Fund,Earthquake Other Cal
G12166 - 1,079.768 1,133.756
PM's Relief Fund for Turkiye & Syria Earthquake
G12205 Pakistan Minorities Welfare Fund 56.801 0.324 0.340
Special Fund for Welfare & Uplift ofG12206 71.971 0.312 0.328
Minorities
G12226 0.139 - - Federal Government Artists Welfare Fund
G12305 Export Development Fund - 15,185.000 16,703.000
Reserve Fund for Exchange Risk on ForeignG12308 223.436 5,265.960 5,529.258
Loans
G12412 153.430 237.540 249.417 Pakistan Oil Seed Development Fund
G12419 Research & Development Fund 2,350.000 2,100.000 2,349.000
G12421 SCP Diamer Basha and Mohmand Dam 0.239 7.280 7.636
Fund
G12504 0.252 0.264 0.277 Workers Children Education Fund
G12612 3.717 1.044 1.096 Fund for Urdu Science Board
G12712 3.100 3.660 3.843 Trust Interest Fund (Charitable Endowment)
G12722 Other Miscellaneous Fund - - -
G12738 National Fund for Control of Drug Abuse 34.322 13.080 13.734
G12783 Universal Service Fund 7,100.000 7,100.000 7,200.000
G12803 Federal Pension Fund 10,000.000 10,000.000 10,000.000
New Film Finance Fund 1,000.000 - 1,000.000
G14100 Pakistan Mint 1,570.000 288.000 1,570.000
G10104 Mint Receipt and Collection Account 60.000 50.000 60.000
Gross Receipts 109,567.459 175,853.398 187,068.908
Less Expenditure 105,898.032 126,960.355 141,462.620
Deposits and Reserves (Net) 3,669.427 48,893.043 45,606.288Page 66
Chapter 8: PRIVATIZATION PROCEEDS
8.1 Privatization in Pakistan is an important economic reform policy tool, for generating growth
and to expunge structural inefficiencies, by removing false barriers and opening up the economy
to competition. The Privatization is part of the economic and structural reforms agenda of
Government of Pakistan that emphises to enhance the growth and productivity of Pakistan's
economy through deregulation and good governance ,while harnessing the private sector as
engine of economic growth. It takes an integrated approach towards enhancing the private
sector’s role and goes beyond the transfer of public assets to the private sector, by identifying the
linkages and role of regulation, good governance, market competition in fostering conditions that
provide incentives for the private sector to invest in providing goods and services efficiently.
8.2 The Privatization Commission Ordinance, 2000 was promulgated on 28th September, 2000
to establish "Privatization Commission" for implementation of privatization policy of the Federal
Government.
8.3 Section 16(2) of the said Ordinance envisages that the privatization proceeds shall be
utilized by the Federal Government as follows:-
(a) ten percent shall be used for poverty alleviation programmes ; and
(b) the remaining ninety percent for retirement of the Federal Government
debt
8.4 The estimates of privatization proceeds are given in below table
TABLE 54
Privatization Proceeds
(Rs. In Million)
Object 2022-23 2022-23
Description 2023-24 Budget
Code Budget Revised
E01501-02 Privatization Proceeds 96,410.000 1,269.000 15,000.000
*subject to successful process
**It also includes assets of PDFLPage 67
PART-II
EXTERNAL RECEIPTS
(ESTIMATES OF FOREIGN
ASSISTANCE)Page 68
Chapter 9: ESTIMATES OF FOREIGN ASSISTANCE
9.1 External Resources comprise Project Loans and Grants, Programme Loans and Other
Loans. A brief description is given as under;
9.1.1 The aim and objective of seeking foreign or external financial assistance may be stated
as "promoting economic and social development in the developing conuntries". It can also be
defined as "Administered transfer of resources from a donor country or international agency to the
developing countries with a view to encourage economic growth". Foreign Aid can be in the form
of money, goods or technical assistance and can be between two (bilateral) or many (multilateral)
countries/ institutions.
9.1.2 Foreign aid is also looked for to meet both economy's balance of payments gap and
investment gap. That is why project and technical assistance alone are not sufficient. A large part
of assistance is required in the shape of food and commodity aid. Project assistance does not
simply finance import of capital goods and related services but also meets a part of local currency
expenditure. Thus aid flow [project, programme and technical assistance] accompanied by
commodity imports may generate counterpart local currency funds that are used to finance
development expenditures.
9.1.3 In fact, many developing countries do not have sufficient funds to provide public goods
such as education or transportation systems or clean water and waste disposal facilities. Although
such goods are essential for development, their economic rate or return is so uncertain that
provate invertors are unwilling to provide them on a large scale. Foreign aid can substitute for
private capital in those instances, providing the funds for investment in public goods that the
international capital market will not supply to those developing countries or would supply at a high
interest rate. In principle foreign aid could be a major source of capital, fueling the growth of
development countries and helping to promote economic and human development.
9.1.4 Foreign aid is good only if it is the result of financing investment in appropriate productive
capacity. Increasing output allows debt and interest to tbe repaid. If the aid is used to finance
current account deficits/ consumption, then there is no net investment and resultant future
economic growth. Aid becomes a burden. It, therefore, entails an effective and efficient external
debt management with the objective to ensuring that the government's.
9.1.5 Foreign aid is useful if utilized productively and efficiently otherwise developing countries
are likely to face financial crises and are caught up in debt trap. The sequence of events could be
as under:-
a) As debt service liabilities rise without corresponding increase in revenue, the
government would need to set aside increasing share of budgetary resources for
debt services;Page 69
b) The level of debt service would soon begin to affect routine government
expenditure, often requiring additional borrowings to meet rising contractual
payment obligations;
c) The country would slowly slide into debt trap. More and more borrowings would be
required to service the accumulated debt, creating a vicious circle;
d) The rising debt service obligations eventually lead to default i.e. the inability to
honour principal and interest payment commitments; and
e) The default is generally followed by prolonged negotiations with the creditors
individually or collectively [Paris Club/ London Club], leading to rescheduling/
restructuring/ write off the external debt. The relief programmes generally include
reform conditions to redeem government finances and put the economy back on
the track.
9.2 Project Loans and Grants
9.2.1 Project loans and grants are received from specialized International Financial Institutions
and friendly countries with specific purposes falling under the following broad categories;
9.3 Project Loans & Grants for Public Sector Development Programme (PSDP)
9.3.1 Project loans and grants for PSDP are received for various projects being executed by
Federal Government, Provincial Government and various Autonomous Bodies such as WAPDA,
PEPCO, NHA etc.
9.4 Project Loans and Grants for Other than PSDP Projects
9.4.1 There are certain projects kept out of PSDP, which are executed by Federal Government,
Provincial Government and Autonomous Bodies by receiving project loans and grants.
9.5 Programme Loans
9.5.1 Programme loans are provided for budgetary support and are linked/tied with achievement
of specific targets and goals. Programme Loans not only stabilize foreign exchange reserves but
also generate rupee counterpart to meet country's development needs.
9.6 Other Loans
9.6.1 Other loans comprise loans from Islamic Development Bank, Sovereign Bonds, Sukuk
Bonds, etc received from non-traditional sources generally by way of payment as well as for
budgetary support.
9.6.2 The estimates of external resources for the year 2022-23(budget and revised) and 2023-24
(budget) are tabulated on the following page.Page 70
Table 1
Summary of Foreign Assistance
(Rs. In Million)
Budget Revised Budget
Description Estimate Estimate Estimate
2022-23 2022-23 2023-24
(1) PSDP Projects (A+B) 60,000.000 156,039.890 72,000.770
A. Project Loans 56,602.240 151,372.870 68,311.770
Federal Projects 13,328.810 12,718.560 8,925.820
Autonomous Bodies 43,273.430 138,654.310 59,385.950
B. Project Grants 3,397.760 4,667.020 3,689.000
Federal Projects 3,397.760 222.770 1,544.000
Autonomous Bodies 0.000 4,444.250 2,145.000
(2) Projects (Outside PSDP) 249,404.450 361,064.164 624,384.240
A. Project Loans 222,841.540 320,458.784 566,114.720
Federal Projects 12,906.800 67,623.180 38,229.200
Autonomous Bodies 0.000 3,930.200 3,717.000
Provinces 209,934.740 248,905.404 524,168.520
B. Project Grants 26,562.910 40,605.380 58,269.520
Federal Projects 447.610 9,669.710 12,658.700
Autonomous Bodies 0.000 3,070.190 1,282.000
Provinces 26,115.300 27,865.480 44,328.820
(3) Programme Loans 1,243,141.160 876,313.886 788,170.780
(4) Other Loans 3,993,792.000 3,263,214.720 5,684,580.000
Total External Resources (1+2+3+4) 5,546,337.610 4,656,632.660 7,169,135.790Page 71
Table 2
(i) Programme Loans (Donor-Wise)
(Rs. In Million)
Budget Revised Budget
Description Estimate Estimate Estimate
S.No. 2022-23 2022-23 2023-24
1 ADB 494,284.440 441,013.866 402,665.870
2 AIIB 83,700.000 124,500.000 72,500.000
3 IBRD 199,578.000 48,089.370 155,715.210
4 IDA 159,608.720 254,892.050 155,338.000
5 IFAD 2,790.000 7,818.600 1,951.700
6 Pakistan Certificate 303,180.000 0.000 0.000
Total Proramme Loans 1,243,141.160 876,313.886 788,170.780
(ii) Programme Loans for Federal
and Provinces
Federal 1,182,009.720 767,044.100 698,068.280
Provinces 61,131.440 109,269.786 90,102.500
Punjab 39,455.440 71,712.000 54,592.500
Sindh 0.000 3,329.100 0.000
KPK 21,676.000 34,228.686 35,510.000
Balochistan - - -
Total Proramme Loans 1,243,141.160 876,313.886 788,170.780Page 72
Table 3
Other Loans
(Rs. In Million)
Budget Revised Budget
S.No. Description Estimate Estimate Estimate
2022-23 2022-23 2023-24
1 IDB (Short-term) 223,200.000 40,089.000 145,000.000
2 Saudia Arabia (Oil Facility) 148,800.000 194,787.720 0.000
3 Saudia Arabia (Import of Petrol) 0.000 99,600.000 174,000.000
4 Saudia Arabia (Time Deposit) 558,000.000 747,000.000 870,000.000
5 ECO Oil Facility 0.000 25,398.000 29,580.000
6 New Deposit KSA 0.000 0.000 580,000.000
7 New Deposit UAE 0.000 0.000 290,000.000
8 Euro Bond/ International Sukuk 372,000.000 0.000 435,000.000
9 Commercial Banks 1,389,792.000 871,500.000 1,305,000.000
10 Safe China Deposit 744,000.000 996,000.000 1,160,000.000
11 IMF Loan for Budgetary Support 558,000.000 288,840.000 696,000.000
Total Other Loans 3,993,792.000 3,263,214.720 5,684,580.000Page 73
Table 4
Foreign Assistance for PSDP Projects
Federation and Provinces
(Rs. In Million)
Budget Revised Budget
Description Estimate Estimate Estimate
2022-23 2022-23 2023-24
(a) Federal Departments 16,726.570 12,941.330 10,469.820
Loans 13,328.810 12,718.560 8,925.820
Grants 3,397.760 222.770 1,544.000
(b) Autonomous Bodies 43,273.430 143,098.560 61,530.950
Loans 43,273.430 138,654.310 59,385.950
Grants 0.000 4,444.250 2,145.000
(i) WAPDA 11,044.430 0.000 0.000
Loans 11,044.430 0.000 0.000
(ii) NTDC 8,179.000 71,599.560 18,427.060
Loans 8,179.000 71,599.560 18,427.060
(iii) PPMC 1,550.000 5,414.000 4,000.000
Loans 1,550.000 5,414.000 4,000.000
(iv) NHA 22,500.000 28,583.860 13,090.000
Loans 22,500.000 28,583.860 12,990.000
Grants - - 100.000
(v) HEC 0.000 2,813.700 1,050.000
Loans 0.000 2,490.000 750.000
Grants 0.000 323.700 300.000
(vi) JPCL 0.000 3,984.000 3,000.000
Loans 0.000 3,984.000 3,000.000
(Vii) Supraco 0.000 0.000 1,730.890
Loans 0.000 0.000 1,730.890
(viii) WAPDA(Water) 0.000 30,703.440 20,233.000
Loans 0.000 26,582.890 18,488.000
Grants 0.000 4,120.550 1,745.000
Total External Resources for PSDP 60,000.000 156,039.890 72,000.770
Loans 56,602.240 151,372.870 68,311.770
Grants 3,397.760 4,667.020 3,689.000Page 74
Table 5
Foreign Assistance for PSDP Projects
(Loans and Grants Wise Break-up)
(Rs. In Million)
Budget Revised Budget
Description Estimate Estimate Estimate
2022-23 2022-23 2023-24
a) Project Loans for PSDP 56,602.240 151,372.870 68,311.770
(i) Federal Projects 13,328.810 12,718.560 8,925.820
(ii) Autonomous Bodies 43,273.430 138,654.310 59,385.950
b) Project Grants for PSDP 3,397.760 4,667.020 3,689.000
(i) Federal Projects 3,397.760 222.770 1,544.000
(ii) Autonomous Bodies 0.000 4,444.250 2,145.000
Total Loans and Grants for PSDP 60,000.000 156,039.890 72,000.770
Table 6
Foreign Assistance Projects (Outside PSDP)
(Rs. In Million)
Budget Revised Budget
Description Estimate Estimate Estimate
2022-23 2022-23 2023-24
Loans/Grants Wise Break-up
Federal Government 13,354.410 77,292.890 50,887.900
Loans 12,906.800 67,623.180 38,229.200
Grants 447.610 9,669.710 12,658.700
(b) Autonomous Bodies 0.000 7,000.390 4,999.000
Loans 0.000 3,930.200 3,717.000
Grants 0.000 3,070.190 1,282.000
(c) PROVINCES 236,050.040 276,770.884 568,497.340
Loans 209,934.740 248,905.404 524,168.520
Grants 26,115.300 27,865.480 44,328.820
(i) PUNJAB 58,524.968 46,085.234 125,977.300
Loans 56,182.488 38,894.114 119,218.850
Grants 2,342.480 7,191.120 6,758.450
(ii) SINDH 91,544.940 152,020.670 266,691.250
Loans 77,793.030 147,465.480 257,355.970
Grants 13,751.910 4,555.190 9,335.280
(iii) KHYBER PAKHTUNKHWA 71,565.440 59,753.680 138,269.800
Loans 63,254.200 52,135.370 122,469.600
Grants 8,311.240 7,618.310 15,800.200
(iv) BALOCHISTAN 14,414.692 18,911.300 37,558.990
Loans 12,705.022 10,410.440 25,124.100
Grants 1,709.670 8,500.860 12,434.890
Total Project Loans 222,841.540 320,458.784 566,114.720
Total Project Grants 26,562.910 40,605.380 58,269.520
TOTAL:- PROJECT LOANS AND 249,404.450 361,064.164 624,384.240
GRANTS OUTSIDE PSDPPage 75
A. Project Loans
Federal PSDP Projects
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
FEDERAL PROJECTS
ADB 110.000 1,394.400 100.000
Water Resource Development Project 0.000 0.000 0.000 (Meged Districts of KP)
Pakistan Single Window (PSW) 50.000 0.000 0.000 Programme.
Naulong Storage Dam Project. 10.000 0.000 0.000
Development of Integrated Transit 50.000 1,394.400 100.000 Management System under ADB
IDA 6,827.700 4,008.540 7,668.000
Post -Flood2022 Rehab-Programme 0.000 0.000 6,000.000 Balochistan
Pakistan Financial Inclusion and 227.700 2,604.540 258.000 Infrastructure Project
Assisting Govt and Access in Higher 1,000.000 0.000 0.000 Education for Quality Enhancement
Actions to Strengthen Performance for 0.000 0.000 250.000 Inclusive & responsive Education
Pandemic Response Effectiveness 500.000 996.000 200.000 Project.
Locust Emergency & Food Security 800.000 0.000 300.000 Project.
Pakistan Raises Revenue Project 50.000 408.000 200.000
Tarbala 4th Extension Hyd Power Proj 700.000 0.000 0.000
Dassu Hydro power projection Stage-I 3,000.000 0.000 0.000
Digital Economey Enhancement Project 100.000 0.000 10.000
Policy Investment statistics Support Proj 200.000 0.000 200.000
National Health Support Programme 250.000 0.000 250.000
Contd….Page 76
Project Loans
Federal PSDP Projects
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
CHINA 1,403.110 0.000 100.000
Upgradation of Pakistan Railway
existing main line-1 (ML-1) and 100.000 0.000 100.000 Establishment of Dry Port near Havelian
(2018-2022)
Pakistan Multi Missions Satellite (PAK 498.040 0.000 0.000 SAT. MM1)
Pakistan Space Centre, Islamabad, 805.070 0.000 0.000 Lahore and Karachi.
KUWAIT 179.620 0.000 50.000
35 MW Nagdar HPP 64.810
40 MW Dowarian HPP 64.810 0.000 50.000
Establishment of 40 MW Dpwarian 50.000 0.000 0.000 hydero Power Project,District Neelum
FRANCE 757.570 1,892.400 162.000
48 MW Jagran HPP-II, AJK 500.000 1,892.400 50.000
Capacity building of AJK Power 5.570 0.000 0.000 Development Organization
Warsak Hydropower Project-II 60.000 0.000 0.000
Darigai HPP 70.000 0.000 0.000
Rehabilitation of Mangla Hydro Power 0.000 0.000 0.000 Proj.
AFD Support to PPIB for Tariff Based 0.000 0.000 112.000 Bidding (Power Division)
Chitral Hydro Power Project 50.000 0.000 0.000
Keyal Khwar 64.000 0.000 0.000
Harpo Hydropower Project 8.000 0.000 0.000
Contd….Page 77
Project Loans
Federal PSDP Projects
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
IFAD 200.000 0.000 0.000
Economic Transformation ETI-GB. 200.000 0.000 0.000
KOREA 499.000 5,423.220 295.820
Establishment of IT Park,Karachi 90.000 405.870 50.000
Pakistan-Korea Joint Prog on Certified 0.000 0.000 45.820 Seed Potato Production
Technology Parks Development Project
(TPD) at Islamabad.(Phase-1) 409.000 5,017.350 200.000
SAUDI ARABIA 414.810 0.000 50.000
48 MW Shouter HPP 64.810 0.000 0.000
Diamer Bhasha Dam 0.000
22 MW Jagran-IV HPP 300.000 0.000 50.000
Golden Gol Hydero Power Proj 50.000
AIIB 1,704.000 0.000 0.000
Terbala 5th Extension HPP 1,704.000
IsDB 0.000 0.000 500.000
National Multi-Sectoral Nutition Prog 0.000 0.000 500.000
OFID 150.000 0.000 0.000
Golen Gloe Hydro Power Project 150.000
Germany 288.000 0.000 0.000
Harpo hydero Power Project 2.000 0.000 0.000
Warsak HPP ( Rehab:Phase-2) 50.000 0.000 0.000
Keyal Khwar Poewer hyderopower proj 236.000 0.000 0.000
IBRD 0.000 0.000 0.000
Terbala 5th Extension HPP 0.000
JAPAN 500.000 0.000 0.000
Covid-19 Emergency Response and
Ensuring Universal Heakth Coverage in 500.000 0.000 0.000
ICT
EIB 295.000 0.000 0.000
Warsak HPP ( Rehab:Phase-2) 295.000 0.000 0.000
Total Loans for Federal Projects 13,328.810 12,718.560 8,925.820Page 78
A. Project Loans for PSDP
Loans for Autonomous Bodies
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
(i) WATER & POWER DEVELOPMENT
AUTHORITY (POWER)
ADB 7,535.260 0.000 0.000
Thermal For Installation of New Coal
Fired Power Plant having Capacity
2x660 MW at Jamshoro. 4,085.260 0.000 0.000
500 KV Faisalabad New (2*750)(Now
500 Kv Faisalabad west 250.000 0.000 0.000
i. 200kv Jauharabad G/S (ii) 500 KV
Lahore North (iii) 500 KV Maria St. 1,300.000 0.000 0.000
I.DI khan Zhob T/L and Zhob S/S
II.220KV Mirpur Khas G/S & T/L
III. Guddu-Sibbi T/L
IV. Upgradation of NTDC SCADA
System 1,900.000
GERMANY 5.000 0.000 0.000
220 KV Grid station Ghazi Road 5.000
IDA 3,000.000 0.000 0.000
Add. Finance for Cntrl Asia Elec (CASA) 350.000 0.000 0.000
Inter connection scheme for Import of 350.000 0.000 0.000 power from CASA 1000
Electricity Distribution Efficiency 2,300.000 0.000 0.000 Improvement Project
FRANCE 54.170 0.000 0.000
AFD Support to PPIB for Tariff Bas
Bidding & Review of Feasibility Studies 54.170
and Capacity Building (Power Division).
IBRD 0.000 0.000 0.000
Addl. Finance Dasu Hydro (Solar) 0.000
IsDB 350.000 0.000 0.000
350.000 0.000 0.000 Electricity Trans and Trade Pro (CASA)
JAPAN 100.000 0.000 0.000
220 KV Transmission line
Reinforcement of Islamabad-Burhan
Transmission line 100.000 0.000 0.000
Total-Loans for WAPDA(Power) 11,044.430 0.000 0.000
Contd….Page 79
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
(ii) NTDC
ADB 1,109.000 23,834.790 11,231.500
500/220 kv Sialkot Sub-Station (NTDC) 100.000 0.000 0.000
MF-II Power Transmission 0.000 2,550.000 200.000 Enhancement Investment Tranch-I
MF-II Power Transmission 0.000 5,861.790 967.000 Enhancement Investment Tranch-II
MF Power Transmission Enhancement 0.000
Investment Tranch-III 15,423.000 1,309.500
220KV Larkana Substation 0.000 0.000 5.000
220KV Mastung G/S alonwith allied T/L 2.000 - 5,935.000
Power Transmission Strengthing
Enhancement Project 0.000 - 2,820.000
500 KV Vehari Grid Station 100.000
220 KV Dharki Rahimyar Khan
Bahawalpur (NTDC) 2.000
Installation of Pilot Battery Energy
Storage System at 220 KV Jhimpir
G/Station 150.000
Evacuation of Power from Suki Kinari
Kohala, Mahal HPPs (NTDC)
600.000
220 KV Arif Wala Substation 100.000
2nd Power Trans. Enh. Invest 0.000
Improvement & Upgration of Protection
System to avoid the Frequent Tripping in
South Area 50.000
GERMANY 110.000 125.000 110.000
220KV G/S Ghazi Road 0.000
Evacuation of Power from 500 MW
Wind Power Plants Jhimpir Clusters. 100.000 125.000 100.000
500 KV Chakwal Grid Station alongiwth 10.000 0.000 10.000 allied Transmission Lines
IDA 1,500.000 9,213.000 2,168.000
Evacuation of power from 2160MW 1,500.000 - - Dasu HPP Stage-I
500KV HBDC Transmission System 0.000 5,229.00 1,239.00
500KV HBDC Transmission System 0.000 3,984.000 929.000
Contd…Page 80
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
FRANCE - - 120.00
Upgradtation of Existing 220K Vehari 0.000 0.000 120.000
IBRD 5,455.000 32,825.000 3,342.060
Evacuation of Power from Tarbella 5th
Extension 3,000.000
National Transmission Modernization-I 0.000 6,972.000 925.640
Enhancement in Transformation capacity
of NTDC System by Extension &
Augmentation of Existing Grid Station
(23) 1,600.000
500 KV Islamabad West 650.000
Dasu Transmission Lines-2160MW
IBRD 0.000 25,853.000 2,416.420
Conversion from 220-KV AIS Grid
Stations in GIS Grid Stations. 220-KV
Kala Shah Kaka, 220-KV Bund Road,
220 KV Nishatabad, 220-KV Jaranwala. 5.000
220-KV Jamrud G/S alongwith Allied T/Ls 0.000
Enterprise Resource Planning
(Automation). 200.000
JAPAN 0.000 1.770 100.000
220KV Transmission System Bhuran 0.000 1.770 100.000
IsDB 0.000 5,600.000 1,345.500
500KV HBDC Transmission System 0.000 5,600.000 1,345.500
AIIB 5.000 0.000 10.000
220KV Head Faqirian G/S alongwith T/L 5.000 0.000 10.000
Total:- Loans for NTDC 8,179.000 71,599.560 18,427.060
(iii) PPMC
IDA 50.000 0.000 0.000
Electricity Distribution efficiency
Improvement Project (MAPCO) 50.000 - -
IBRD 0.000 664.000 3,000.000
Electricity Distribution efficiency
Improvement Project (MAPCO) - 664.000 3,000.000
ADB 1,500.000 4,750.000 1,000.000
MFF-II: Power Distribution Enhancement
Investment Program Tranche-1
(Advance Metering Project for LESCO 0.000 4,750.000 1,000.000
Advance Metering Project for IESCO 1,500.000 - -
Total:- Loans for PPMC 1,550.000 5,414.000 4,000.000
Contd…Page 81
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
(iv) NATIONAL HIGHWAY AUTHORITY
ADB 10,500.000 6,523.530 8,500.000
EFAP -R& R in 5 from moro to Rani pur 0.000 1,425.000 1,300.000
Construction of DG Khan as a fourlane
Highway 1,000.000 0.000 1,000.000
CARREC-DIP -Project 1 i. Petro-
Sehwan Section (128 KM) ii.Peshwar-
Dara.Adam.Khail (36 KM) iii.Shikarpur-
Ratodero (44 Km) 4,000.000 1,227.000 2,000.000
Construction additional Carriage Way
Shakarpur-Rajanpur Section N-
55.CAREC Corridor. 3,500.000 3,500.000 3,000.000
Post-Flood National Highways
Rehabilitation of National Highways due
to unprecedented rains & flash Floods
2010 (Revised) 1,000.000 371.530 200.000
Construction of Rajanpur-DG Khan as a
4-lane Highway (ADB) 1,000.000 0.000 1,000.000
CHINA 6,500.000 20,095.570 800.000
Dualization of Yarik-Mughalkot-Zhob
Section of N-50 (210 km) CPEC
Western Alignment including Zhob
Bypass and Land Acquisition 3,000.000 0.000 0.000
Havelian to Thakot KKH Phase-II 500.000 4,467.180 300.000
Peshawar Karachi Motorway (PKM)
Multan- Sukkur Section Credit Financing
(392 Km) (PKM) 3,000.000 15,628.390 500.000
JAPAN 0.000 1,400.000 250.000
East West Road Rakhi Gajj-Bewata 0.000 1,400.000 250.000 Imp.Project
KOREA 1,500.000 191.260 800.000
Construction of Malakand Tunnel
(Phase-I) 500.000 0.000 400.000
Improvement & widening of N-45
(130.22 Km) 1,000.000 191.260 400.000
IDA 2,000.000 373.500 2,000.000
Khyber Pass Eco. Corridor 2,000.000 373.500 2,000.000
Contd…Page 82
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
SAUDIA ARABIA 2,000.000 0.000 640.000
Construction of Athmuqam-Sharda-Kel-
Taobat Road Section (109.2 Km)
including two tunnels at Kahori/Kamser
(3.7) and Chappani (0.6) section of
Neelum Valley Road, AJ & K Deposit
work. 1,000.000 0.000 540.000
Construction of Muzaffarabad Mansehra
Road.(26.6 KM approx) 1,000.000 0.000 100.000
AIIB 0.000 0.000 0.000
Motorway M-4 Shorkot Khanewal
Section 0.000
Total-Loans for NHA 22,500.000 28,583.860 12,990.000
(v) HEC
IDA 0.000 2,490.000 750.000
Higher Education Development in 0.000 2,490.000 750.000 Pakistan (TA part)
Total-Loans for HEC 0.000 2,490.000 750.000
(vi) JPCL
ADB 0.000 3,984.000 3,000.000
Thermal For Installation of New Coal
Fired Power Plant having Capacity 0.000 3,984.000 3,000.000
2x660 MW at Jamshoro.
Total-Loans for JPCL 0.000 3,984.000 3,000.000
(Vii) SUPARCO
CHINA 0.000 0.000 1,730.890
Pakistan Multi Missions Satellite (PAK 0.000 0.000 1,230.890 SAT. MM1)
Establishment Pakistan Space Centre 0.000 0.000 500.000 (PSC)
Total-Loans for Suparco 0.000 0.000 1,730.890
(Vii) WAPDA (Water)
ADB 0.000 0.000 9,035.000
PRF Kurram Tangi Interrated Water 0.000 0.000 25.000 Resources Development Project.
Naulong Storage Dam Project (PRF) 0.000 0.000 10.000
Umbrella PC-I of the Flood Projection 0.000 0.000 9,000.000
Contd…Page 83
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
IsDB 0.000 0.000 1,150.000
Mohmand Dam Hydro Power Project. 0.000 0.000 150.000
Karachi Canal Project 0.000 0.000 1,000.000
OFID
Mohmand Dam Hydro Power Project. 0.000 10.000 100.000
Saudi Arabia 0.000 370.000 310.000
Golen Goal Hydro Power Project 0.000 370.000 100.000
Chashma Right Bank Canal Project. 0.000 0.000 10.000
Mohmand Dam Hydro Power Project. 0.000 0.000 200.000
Kuwait
Mohmand Dam Hydro Power Project.(New 0.000 0.000 50.000
AIIB
Tarbela 5th Extension HP 0.000 8,455.000 941.000
EIB
Warsak HPP (Rehabilitation Phase-II 0.000 0.000 150.000
FRANCE 0.000 1,179.000 568.000
Warsak Hydropower Project-II 0.000 1,099.000 150.000
Darigai HPP 0.000 70.000 100.000
Rehabilitation of Mangla Hydro Power 0.000
Chitral Hydro Power Project 0.000 10.000 100.000
Keyal Khwar 0.000 0.000 193.000
Harpo Hydropower Project 0.000 0.000 25.000
Germany 0.000 1,049.000 382.000
Harpo Hydropower Project 0.000 189.000 25.000
Warsak Hydropower Project-II 0.000 660.000 150.000
Keyal Khwar Hydro Power Project 0.000 200.000 207.000
IBRD 0.000 9,115.890 2,692.000
Tarbela 5th Extension HP 0.000 9,115.890 2,692.000
IDA 0.000 6,404.000 3,100.000
Tarbela 4th Extension HP 0.000 6,404.000 500.000
Dasu Hydro Power Project 0.000 0.000 2,600.000
JAPAN
Indus Basin Irrigation System 0.000 0.000 10.000
Total Loans for WAPDA (Water) 0.000 26,582.890 18,488.000
Total-Loans for Autonomous Bodies 43,273.430 138,654.310 59,385.950
WAPDA 11,044.430 0.000 0.000
NTDC 8,179.000 71,599.560 18,427.060
PPMC 1,550.000 5,414.000 4,000.000
NHA 22,500.000 28,583.860 12,990.000
HEC 0.000 2,490.000 750.000
JPCL 0.000 3,984.000 3,000.000
Suparco 0.000 0.000 1,730.890
WAPDA (Water) 0.000 26,582.890 18,488.000Page 84
B. Projects Grants for PSDP
Grants for Federal Projects
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
FEDERAL PROJECTS
USA 2,114.080 166.000 310.000
US-Need Based Merit Scholarships for
Pakistani University Students
Programme (Phase-II) 0.000
Strengthening of Health Services 56.580 61.000 80.000 Academy
US-Need Base Merit Scholarship for 250.000 pakistani university students (Phase-II)
Mangla Refurbishment & Upgration 1,200.000
Rennovation & Construction of Offices,
Women Barracks and Multipurpose 107.500 105.000 230.000
Training Rooms.
Gomal Zam Multipurpose Dam Project 0.000
Kurram Tangi Dam-I (Katu Weir) 500.000
GERMANY 120.000 0.000 0.000
Social health Protection (P-II) 100.000
Social health Protection (GB) 0.000
Safe Blood transfusion Program Ph-II. 20.000
SAUDI ARABIA 50.000 0.000 100.000
Reconstruction Projects in Education
Governance and health Sectors in
earthquake affected areas of ADK and
KPK 0.000
King Salman Ben Abdul Aziz Hospital at
Tarlai,ICT Islamabad 50.000 0.000 50.000
Establishment of Federal Govt College
of Home Economic,Management
Sciences and Specialized Discipline 0.000 0.000 50.000
JAPAN 303.530 0.000 15.000
Installation of Weather Surveillance
RADAR in Karachi 0.000
Installation of Weather Surveillance
RADAR in Multan 5.000 0.000 0.000
Installation of Weather Surveillance
RADAR in Sukkur. 5.000 0.000 0.000
Up-gradation/Rehabilitation of Medium
Wave Transmitting Station in Karachi for
Enhancement of Radio Coverage in
Sindh Province 0.000
Contd…Page 85
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
The Project for the Extension of
Initiative Care Centre at PIMS 0.000
Establishment of Business Park at
Korangi Fish Harbour 245.860 0.000 5.000
Establishment of Cold Stroage &
Freezing Tunnesl. 41.930 0.000 5.000
Modification of Auction Hall 5.740 0.000 5.000
ADB 50.000 0.000 0.000
Kurram Tangi Intagrated Water
Resources Development Project 50.000
IsDB 0.000 0.000 0.000
Developing Reverse Linkage between
Marmara reasearch centre 0.000
CHINA 105.150 0.000 55.000
New Gawadar International Airport.(NGIA 0.000
PTV Terrestrial Digitalization of DTMB
through Grant in Aid 100.000 0.000 50.000
Establishment of New Generation
Geodetic Datum of Pakistan 5.150 0.000 5.000
Establishment of SINO Pak 0.000
for Artifical Integance
KOREA 50.000 0.000 0.000
Establishment of Pak Korea Nutritution
Centre (PKNC) to improve chidi and
community nutrition 50.000
ITALY 0.000 0.000 100.000
Professional Capacity building in Agri
TVETA 0.000 0.000 100.000
UNICEF 40.000 56.770 0.000
Child Labour survey, Islamagad ICT. 40.000 56.770 0.000
FRANCE 65.000 0.000 0.000
Warask Rehabilitation HPP 65.000
AFD Support to PPIB for Traiff Based
Bidding and Review of Feasibility
Studies and Capacities Building 0.000
High Impact Skills Boot Camp Islamabad
& Karachi. 0.000
IDA 500.000 0.000 964.000
Srentgthening Of Institutions for
Refugees Adm (TA) (SIRA) 0.000 0.000 964.000
Response Recovery & Resilience in
Education Programme in Post Covid-19 500.000 - -
Total-Grants for Federal Projects 3,397.760 222.770 1,544.000Page 86
B. Projects Grants for PSDP
Grants for Autonomous Bodies
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
(i) HEC
KOREA 0.000 0.000 0.000
Establishment of Pakistan-Korea
Nutrition Centre to ImproveGlacier Child
& Comm 0.000 0.000 0.000
USA 0.000 323.700 300.000
US-Need Based Merit Scholarships for
Pakistani University Students
Programme (Phase-II) 0.000 323.700 300.000
Total:- HEC:- 0.000 323.700 300.000
(ii) WAPDA (Water)
EU 0.000 367.000 20.000
Warsak Rehabilitation Hydri Power
Project 0.000 367.000 20.000
ADB 0.000 0.000 25.000
Kurram Tangi Dam Project Stage-II 0.000 0.000 25.000
USA 0.000 3,753.550 1,700.000
Mangla Refurbishment and Upgradation
Project 0.000 2,331.000 1,200.000
Kurram Tangi Dam Project Stage-I 0.000 1,422.550 500.000
Total:- Grants WAPDA (Water) 0.000 4,120.550 1,745.000
(iii) NHA
CHINA 0.000 0.000 100.000
China Aided Project of Pakistan NH 0.000 0.000 100.000
Total:- Grants NHA 0.000 0.000 100.000
Total-Grants for Autonomous Bodies 0.000 4,444.250 2,145.000
HEC 0.000 323.700 300.000
WAPDA (Water) 0.000 4,120.550 1,745.000
NHA 0.000 0.000 100.000Page 87
A. Project Loans Outside PSDP
Loans for Federal Government
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
Loans for Federal Government
IDA 7,998.000 40,089.000 10,007.900
Pandemic Response Effectiveness in
Pakistan - 1,655.780 3,198.700
FATA-TDPs Emergency Recovery
Project. 7,068.000 4,097.790 6,461.200
Strengthening of early warning System
of Pak Metrological Department. 930.000 40,089.000 348.000
ADB 4,629.800 17,841.060 23,335.300
Social Projection Development Project 0.000 0.840 0.000
Social Projection Development Project
Additional 40.920 10,196.550 2,003.900
Pakistan Single Window Prog. - - -
Central Asian Region Economic
Co0peration - 6,723.000 11,890.000
Covid-19 Vaccine support Project under
Asia Pacific Vaccine Access Facility 1,000.000 16.800 2,000.000
National Disaster Risk Managt. Fund 1,756.880 774.390 5,138.800
National Disaster Risk Managt. Fund 1,646.000 129.480 2,302.600
Emergency Assistance for Fighting 186.000 0.000 0.000 COVID-19.
FRANCE 0.000 1,462.000 1,882.000
Emergency Assistance for Fighting 0.000 1,462.000 1,882.000 COVID-19.
ISDB 279.000 0.000 0.000
IVAC Covid-19 Vacine Support 279.000 0.000 0.000
IFAD
Economic Transformation Initiative 0.000 1,120.500 1,740.000
ITALY
Economic Transformation Initiative 0.000 1,357.050 1,264.000
Total Loans for Federal Government:- 12,906.800 67,623.180 38,229.200Page 88
B. Project Grants Outside PSDP
Loans for Federal Government
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
Grants for Federal Government
IBRD 106.410 1,419.300 0.000
Pak Readlines Prep. Proposal 106.410 679.770 -
Global Partnership for Education Fund - 739.530 -
JAPAN 0.000 4,255.410 5,626.000
Human Resource Dev Sch(JDS) 0.000 547.800 638.000
Human Resource Dev Scheme 0.000 547.800 638.000
The Project for the Extensive Care
Centre of PIMS 0.000 3,159.810 4,350.000
BELGIUM 0.000 1,332.150 0.000
Belgium Debt SWAP 2007 0.000 1,332.150 0.000
FRANCE 0.000 27.390 0.000
Capacity Building of AJ&K Power Dev 0.000 27.390 0.000
GERMANY 26.970 537.840 1,450.000
Hydro Power & Ren. Ener In KPK 26.970 0.000 0.000
Livelihood Support & Prom. P-2 0.000 438.240 1,450.000
Reconstuction of Health Infra in AJK P-I 0.000 7.470 0.000
Reconstuction of Health Infra in AJK P-II 0.000 4.980 0.000
Safe Blood Transfusion Prog- PH-II 0.000 79.680 0.000
Capacity Building Measures Micro
Finance 0.000 7.470 0.000
ADB 314.230 433.260 1,571.800
National Disaster Risk Management
Fund Project No:0639-Pak 128.230 136.950 185.600
National Disaster Risk Management
Fund Project 0.000 171.810 0.000
Emergency Assistance for Fighting
COVID-19. 186.000 124.500 1,386.200
FRANCE
Capacity Building of AJ&K 0.000 27.390 0.000
GERMANY 0.000 1,636.970 4,010.900
Reconstruction of Health Infrastructure 0.000 7.470 0.000
Social Health Protection 0.000 119.520 263.900
Reconstruction of Health Infrastructure 0.000 4.980 0.000
Development HP& Renuable HRE-II 0.000 1,500.000 3,742.000
Social Health Protection P-I 0.000 5.000 5.000
Total Grants for Federal Government
447.610 9,669.710 12,658.700
Total:- Grants Outside PSDP:- 447.610 9,669.710 12,658.700Page 89
A. Project Outside PSDP
Loans for Autonomous Bodies
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
JPCL
ADB 0.000 883.700 812.000
Jamshoro Power Generation Project 0.000 12.200 0.000
Jamshoro Power Generation Project 0.000 871.500 812.000
Total Lonas JPCL 0.000 883.700 812.000
PPMC
ADB
MF-II Power Distribution Investment Prog. 0.000 80.500 150.000
Total: Lonas for PPMC 0.000 80.500 150.000
NTDC
ADB
MFF-II Power Transmission Enhancement 0.000 250.000 150.000
Japan
Punjab Transmision Line 500KV 0.000 200.000 500.000
Total: Loans for NTDC 0.000 450.000 650.000
WAPDA (Water)
France
Rehabilitation of Mangla Hydro Proj. 0.000 2,500.000 1,729.000
Kuwait
Suply Loan Golen Goal HPP 0.000 1.000 376.000
Total Loans WAPDA (Water) 0.000 2,501.000 2,105.000
ERRA
Kuwait
Reconstruction of Eductional Facility in
AJK 0.000 15.000 0.000
Total: Loans ERRA 0.000 15.000 0.000
Total: Loans for Autonomous Bodies 0.000 3,930.200 3,717.000Page 90
B. Project Outside PSDP
Grants for Autonomous Bodies
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
NTDC
ADB
Second Power Tranche Enha. Inv. 0.000 3.490 1,131.000
Total: Grants for NTDC 0.000 3.490 1,131.000
ERRA
Saudi Arabia
Reconstruction Projection in Education
Governance and Health Sector(KPK) 0.000 2,066.700 29.000
Total: Grants for ERRA 0.000 2,066.700 29.000
WAPDA (Water)
USA
Tarbela Dam Repair and Maintinance 0.000 1,000.000 122.000
Total: Grants for WAPDA (Power) 0.000 1,000.000 122.000
Total Grants for Autonomous Bodies 0.000 3,070.190 1,282.000Page 91
A. Project Loans for Out Side PSDP
Loans for Provinces
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
(i) PUNJAB
IDA 14,435.020 15,355.080 48,989.700
Disaster & climate resilience Multi 0.000 Sector Projects
Drought Mitigation & Climate Resilience 186.000 5,727.000 11,834.900 Project,
Punjab Urban Land system 930.000 2,868.480 5,660.800 Enhancement Project.
Punjab Tourism for Economic Growth 2,840.000 2,584.620 5,394.000 Project
Punjab Rural Water Supply & Sanitation 0.000 1,819.440 11,600.000 Project
GRADES 3,720.000
Punjab Human Capital Investment
Project. 4,618.380 2,355.540 14,500.000
Punjab Rural Sustainable water supply 2,140.640 - -
ADB 35,734.788 18,491.210 52,494.930
Improving Workforce Readiness in 0.000 124.500 4,930.000 Punjab Project
Trimmu & Punjnand Improvement 1,175.000 1,862.520 754.000 Project
Jalalpur Irrigation Project 5,952.000 3,520.860 10,150.000
Trimmu & Punjnand Improvement 1,325.000 1,599.050 725.000 Project
Punjab Water Reso.Mana. Project 260.408 256.470 466.030
Enhancing PPPs in Pakistan (Punjab) 5,449.800 1,762.920 8,236.000
Punjab urbal Development Projects 805.380 1,202.670 1,513.800
Punjab Arterial Roads Improvements 9,300.000 - 14,500.000 Programme
Greater Thal Canal Project 2,827.200 - -
Punjab Intermediate Improvement 8,640.000 8,162.220 11,220.100 Investment Programme
Contd…Page 92
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
IBRD 558.000 979.570 5,875.400
Punjab Rural Water Supply & Sanitation - 979.570 5,875.400 Project
Punjab Resilience & Inclusive Agri. 186.000 - - Transformation
Punjab RES IMP&DIGI EFF(PRIDE) 372.000 - -
IFAD 2,950.050 3,571.160 3,131.420
Southern Punjab Poverty Alleviation 2,625.050 2323.67 2,551.420 Project
Southern Punjab Poverty Alleviation - 2.490 0.000 Project
Rural Employment & Agriculture 325.00 - - Promotion
Add. Financing for "Southern Punjab - 1,245.000 580.000 Poverty Alleviation Project"
France 1,648.890 268.014 4,197.600
Extension of Water Resources, 1,395.000 121.014 3,810.600 Faisalabad City face-II
Heritage & Urban Regenration in Walled 253.890 147.000 387.000 city of Lahore.
AIIB 2.000 229.080 2,952.200
Lahore Water& Waste Water 0.000 229.080 197.200 Management Project
Sewerage Scheme for Lorech Colony to 1.000 0.000 2,755.000 Ghulshan-e-Ravi
Construction of Surface water treatment 1.000 - - plant at BRBD
Denmark 853.740 0.000 1,577.600
Construction of Eastern Wast Waster
Treatment Plant at Faisalabad City 853.740 0.000 1,577.600
Phase-I (DANIDA)
Total-Loans for Punjab 56,182.488 38,894.114 119,218.850
Contd…Page 93
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
(ii) SINDH
IDA 36,534.000 116,297.970 129,454.950
Sindh Resilence Project (Irrigation
Component)For Construction of small
Dams Including System for Improving
Resilience-Phase-II (Through Additional
Financing) 9,855.000 21,193.000 2,684.750
Sindh Water Sector Agriculture &
Transformation Project - 1,634.000 8,000.000
Sindh Water Sector Agriculture &
Transformation Project - 21,085.320 560.000
Sindh Irrigated Agriculture Productivity
Enhancement Project 50.000 6,649.530 0.000
Sindh Integrated Health & Population
Project - 1,000.000 18,346.160
Strengthening Social Protection Delivery
System(WB) - 922.910 14,612.040
Sindh Resilience Project 4,787.000 0.000 0.000
Sindh Flood Emergency Rehabilitation
Project 0.000 32,000.000 42,550.000
Sindh Flood Reconstruction Emergency
Housing - 16,491.060 21,750.000
Sindh Early Learning Enhancement
through Class Room Transformation - 501.310 2,750.000
Karachi Neighbourhoods Improvement
Project 6,492.000 8,035.390 -
Sindh Solar Energy Project 4,600.000 2,560.000 8,500.000
Karachi Water & Sewerage Services
Improvement Project 1,750.000 - -
Sakkhar Barrages Additional Financing 9,000.000 4,225.450 9,702.000
IBRD 18,541.220 8,744.370 69,600.000
Karachi Urban Mobility Project(Yellow) 5,000.000 2,079.940 23,200.000
Competitive and Livable City of Karachi
(CLICK) 11,586.040 3,528.330 29,000.000
Karachi Water & Sewerage Services
Improvement Project - 2,490.000 2,900.000
Solid Waste Emergency Efficiency
Project 1,955.180 646.100 14,500.000
Contd…Page 94
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
ADB 15,018.000 14,747.730 43,709.040
Karachi Sustainable Bus Rapid Transit
Project. 4,954.000 3,789.000 14,319.820
Karachi Bus Rapid Transit Facilt
Project. - 0.000 2,245.890
Emergency Flood Assistance
Balochistan 0.000 4,980.000 20,300.000
Enhan.Public Private Partnership in
Sindh 8,000.000 1,250.000 3,000.000
Sindh Province Road Improvement
Project - 4,233.000 -
Sindh Secondary Education
Improvement Project. 2,064.000 495.730 3,843.330
KOREA 2,321.810 2,791.300 706.580
Establishment of children Hospital 2,321.810 2,791.300 706.580
Sukkur
AIIB 1,750.000 4,023.110 8,997.700
Karachi BusRapid Transport 0.000 1,058.000 4,647.700
Karach Water & Sewerage Services 1,750.000 2,965.110 4,350.000 Improvement Project (WB Co-Finance)
France 3,628.000 861.000 4,887.700
Karachi Bus Rapid Transit Facilit-Red 3,628.000 861.000 4,887.700
Line (ADB Co-finance)
Total-Loans for Sindh 77,793.030 147,465.480 257,355.970
(iii) KHYBER PAKHTUNKHWA
ADB 20,956.800 22,092.220 32,963.600
FATA Water Resource Dev. Project 1,287.000 445.710 -
Peshawar Bus Rapid-Terminal 911.400 2,153.850 -
Balakot Hydropower Dev Project 5,000.000 2,532.330 6,043.600
Provincial Roads Rehabilitation Project 5,280.000 2,600.000 3,450.000
Emergency Flood Assistance Project - - 2,000.000 Reconstruction & Rehablition of Irrigation
Detailed Design and Const. of Pehur
High Level Canal Extension District
Swabi 1,500.000 1,608.870 2,000.000
KP Intermediate Cities Improv. Project- 500.000 258.960 580.000 Phase-2
KP Cities Improv. Pproject - 7,968.000 13050.000
KP Cities Improv. Pproject (PRF-I) 280.000 124.500 290.000
KPK Rural Roads Dev. Project 2,000.000 - -
KPK Roads Improvement Project 167.400 400.000 550.000
KP Provincial Roads Improvement
Project (Additional Financing) 4,031.000 4,000.000 5,000.000
Contd…Page 95
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
JAPAN 100.000 0.000 0.000
Rehabilitation of Flood of Flood
Damages Rural Roads under Counter
Value Fund (CFV Japan Assisted). 100.000 - -
IDA 15,893.800 14,645.120 52,102.000
KP Irrigated Agriculture Improvement
Project 3,393.800 7,963.020 7,540.000
KP Rural Investment & Institutional
Support Project - - 2,175.000
KP Human Capital Project 2,700.000 2,490.000 6,728.000
KP Hydro & Renewable Energy Dev
Project - 796.800 22,620.000
Integrated Tourism Area Development
Program 4,500.000 2,888.400 5,945.000
National Health Support Programme 1,000.000 - -
Khyber Pass Eonomic Corridor Project 800.000 233.000 1,700.000
Kyber Pakhtunkhwa Cities Digital
Transformation Centres(IDA Assisted) 0.000
KPK Rural Accessibility Project 1,500.000 273.900 5,394.000
Refungees & Host Communities under
IDA-18-Regional Sub Window SH:KPK
Human Capital Investment Project
(KPKHCIP) Education Component 2,000.000 - -
SAUDI ARABIA 1,586.000 1,586.000 2,586.000
Gravity Flow Water Supply Scheme for
Mansehra - - 1,000.000
Construction of Infrastructure Malakand
Region Project 1,586.000 1,586.000 1,586.000
IBRD 3,085.000 0.000 580.000
KP Hydro & Renewable Energy
Development 3,085.000 0.000 580.000
CHINA 1,110.000 0.000 0.000
Reconstruction / Rehabilitation of fully
damaged schools in Bara District Khyber
under chines assistance Programme 1,110.000
ITALY 250.000 0.000 250.000
Establishment of Heritage Field Schools
in KPK 250.000 - 250.000
FRANCE 5,961.600 7,171.200 12,673.000
Peshawar Sustaiable Bus Rapid 5,961.600 7,171.200 12,673.000
AIIB 13,811.000 6,177.690 18,705.000
KP Cities Improvement Project 5,811.000 3,931.710 11,020.000
Balakot Hydropower Dev. Project. 8,000.000 2,245.980 7,685.000
Contd…Page 96
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
IFAD 500.000 463.140 2,610.000
Rural Economic Transformation 500.000 463.140 2,610.000 Project(RETP)
Total-Loans for Khyber Pakhtunkhwa 63,254.200 52,135.370 122,469.600
(iv) BALOCHISTAN
IDA 7,220.620 4,434.440 10,661.800
Balochistan Integrated Water Resource
Project 5,220.000 2,801.000 3,000.000
Balochistan Livelihood &
Enterpreneurship Project - - 5,921.800
Balochistan Human Capital Project 2,000.620 1,633.440 1,740.000
IFAD 1,764.402 747.000 2,862.300
Gawadar Lasbela Livelihood Supp 1,764.402 747.000 2,862.300
ADB 3,720.000 5,229.000 11,600.000
Emergency Flood Assistance
Balochistan (Irri.Comp) 0.000 1,245.000 4,350.000
Water resource management project 3,720.000 3,984.000 7,250.000
Total-Loans for Balochistan 12,705.022 10,410.440 25,124.100
Total-Loans for Provinces 209,934.740 248,905.404 524,168.520
Punjab 56,182.488 38,894.114 119,218.850
Sindh 77,793.030 147,465.480 257,355.970
Khyber Pakhtunkhwa 63,254.200 52,135.370 122,469.600
Balochistan 12,705.022 10,410.440 25,124.100Page 97
B. Project Grants for Out Side PSDP
Grants for Provinces
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
(i) PUNJAB
JAPAN 1,357.800 7,026.780 6,675.800
Upgrading Sewerage & Drainage
Services in Multan - 54.780 1,284.700
Improvement Water Treatement Plant &
Water Distribution System in Faisalabad - 3,959.100 4,698.000
Construction of Distribution
centre,Rehabilitation of old Jhal
Khanuana Water Treatment Plant 1,357.800 3,012.900 693.100
IFAD 166.280 164.340 82.650
Southern Punjab Poverty Alleviation
Project. 166.280 164.340 82.650
IBRD 818.400 0.000 0.000
National Immunization Support
Programme. 818.400 - -
Total- Punjab Grants:- 2,342.480 7,191.120 6,758.450
(ii) SINDH
JAPAN 1,332.400 1,218.230 3,341.550
Estt. Of Maternal & Child Health Care
Centre at Liaquat University, Jamshoro 1,232.400 1,179.370 2,885.090
Upgrading Primary Girls School into
Elementary - 38.860 456.460
Project for Improvement of Livelihood
and well being of female Home Based
Workers (FHBWs) in the informal
Economic Sector in Sindh Province 100.000 0.000 0.000
USA 2,996.750 2,577.510 2,430.960
Municipal Service Delivery 1,228.000 635.000 1,737.000
Strengthining of Monitoring &
Surveillance of health system Govt of
Sindh 75.580 40.000 0.000
Sindh Basic Education Project 1,693.170 1,902.510 693.960
IDA 5,200.000 0.000 0.000
Sind Human Capital Project- Sindh Early
Learning Enhancement Through Class
Room Transformation (SELECT)
5,200.000 0.000 0.000
Contd…Page 98
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
AIIB 3,574.760 729.570 662.770
Karachi Water & Sewerage 21.760 729.570 0.000 Improvement Project Phase-2
Karachi Bus Rapid Transit Facilit-Red.
Line(ADB Co-finance) 3,553.000 0.000 662.770
IBRD 648.000 29.880 2,900.000
Sindh Early Learing Enhancement
through Class Room Transformation 0.000 14.940 2,320.000
Sind Human Capital Project- Sindh Early
Learning Enhancement Through Class 648.000 14.940 580.000
Room Transformation (SELECT)
Total Grants for Sindh 13,751.910 4,555.190 9,335.280
(iii) KHYBER PAKHTUNKHWA
GERMANY 2,061.040 1,424.710 6,100.000
Social Health Protec. Initiatives for KP 100.000 411.000 2,751.000
Establishment of Blood Transfusion
Centres in KP, Phase-II 89.000 - -
Regional Infrastructure Fund. 200.000 384.220 1,278.000
Billion Tree Aforestation Project. 300.000 215.000 790.000
Social Health Project.(PIL) 0.000
Social Health Protection 0.000 36.210 -
Promoting Sustainable Urban
Development through Resilient
Resource Management. 825.000 378.280 1,231.000
Reinteg. And Rehabi. Of TDPs FATA 50.040 - 50.000
Regional Infrastructure Fund KPK. 497.000
IDA 0.000 1,782.840 4,854.600
KP Human Capital Project Investment - 1,782.840 4,854.600
P j t
MDTF 2,131.000 47.310 0.000
CASA CSP 1000. 1,558.000 47.310 -
Governce & Policy Project in KPK 573.000 - -
UK 10.000 0.000 0.000
KPK Education Sectore Programme 10.000 - -
USA 933.000 1,984.300 1,400.700
KP Reconstruction Program. 428.000 298.000 238.500
KP Municipal Service Programme 20.000 246.510 603.200
Gomal Zam Dam Command Area Dev. 386.000 267.000 559.000
Torghar Integrated Area Dev. Project 99.000 - -
FATA Infrastucture Programme - 1,172.790 -
Contd…Page 99
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
Japan 100.000 0.000 0.000
Gravity flow Water Supply Scheme for
Haripur City Tehsil & Distric Haripur 100.000 - -
KOREA 300.000 0.000 400.000
Gravity Based Safe Drinking Water
Supply System in Havelian Abbatabad
300.000 - 400.000
IBRD 228.000 2,232.240 0.000
Pak.Comm.Support Project-II 0.000 644.910
Pak.Comm.Support Project 0.000 644.910
Governance and Policy Project 0.000 19.920 -
Governance and Policy Project 0.000 622.500 -
FATA Governance and Policy Prog. 228.000 300.000 -
CHINA 0.000 0.000 2,590.000
Reconstruction & rehabilitation 0.000 2,590.00
EU 2,418.000 0.000 0.000
KP District Governance and Community
Development progra-II-Covid 2,418.000 - -
ADB 130.200 146.910 454.900
KP Cities Improvement Project - 99.600 290.000
KP water Resource Management - - 162.000
KP Cities Improvement Project(PFR-II) 130.200 47.310 2.900
Total Grants for Khyber Pakhtunkhwa 8,311.240 7,618.310 15,800.200
(iv) BALOCHISTAN
MDTF 372.000 4,516.860 1,624.000
Governance & Policy Reform Program 186.000 1,668.30 -
Balochistan Livelihood and - 2,490.00 1,624.00 Entrepreneurship Project-II
Balochistan Livelihood and
Entrepreneurship Project 186.000 358.56 -
SAUDI ARABIA 0.000 112.050 4,045.500
Reconstruction of Permanent Houses in
Awaran, Balochistan - 112.050 3,494.500
Construction of Govt Building in Awaran
Balochistan - - 290.000
Livelihood restoration in Balochistan - - 261.000
Contd…Page 100
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2022-23 2022-23 2023-24
EU 191.740 0.000 0.000
Growth for Rural Advancement and
Sustainable Progress. 5.740
Balochistan Rural Development and
Community Empowerment Project 186.000 - -
ADB 93.000 273.900 1,131.000
High Level Techonology Fund - - 580.000
Balochistan Water Resources Project 93.000 273.900 551.000
IDA 0.000 2,427.750 3,770.000
Balochistan Livelihood &
Enterprenurshib Project - 1,245.000 2,610.000
Balochistan Human Capital Investment - 1,182.750 1,160.000
OMAN 930.000 597.600 1,864.390
Small Development Project in District
Gawadar 930.000 597.600 1,864.390
IFAD 122.930 572.700 0.000
Gwadar Lasbela Livelihood Support. 122.930 572.700 -
Total-Grants for Balochistan 1,709.670 8,500.860 12,434.890
Total-Grants for Provinces 26,115.300 27,865.480 44,328.820
Punjab 2,342.480 7,191.120 6,758.450
Sindh 13,751.910 4,555.190 9,335.280
Khyber Pakhtunkhwa 8,311.240 7,618.310 15,800.200
Balochistan 1,709.670 8,500.860 12,434.890