The Pakistan Tehreek-e-Insaf (PTI) government has presented its second federal budget in the National Assembly.
According to Industries Minister Hammad Azhar, who delivered the budget speech on the floor of the house, the Federal Board of Revenue (FBR) revenue target for next year has been kept at Rs4.95 trillion, while defence allocations amount to around Rs1.3 trillion.
The federal development programme has been budgeted at Rs650 billion to support growth prospects.
The budget for fiscal year (FY) 2020-21 comes at a time when the country is battling the COVID-19 pandemic that has served a severe blow to the economy. According to reports, it has been formulated considering the impact of the virus and to give relief to the citizens, as part of which no new taxes have been imposed.
Here’s the complete Rs7.13 trillion budget:
