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Pakistan Budget 2009-2010

 
This topic is locked: you cannot edit posts or make replies.    Forum Pakistan - Pakistani Forums Home » Pakistani News and Events
Pakistan Budget 2009-2010

Do you think the new budget would provide some relief to the people?
Yes
20%
 20%  [ 3 ]
No
80%
 80%  [ 12 ]
Total Votes : 15

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Shazia
Global Moderator
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Joined: 15 Feb 2007
Posts: 1744

Pakistan Budget 2009-2010
Listen Pakistan Budget Audio 2009-2010

(Windows Media Player must be installed to listen audio)

Here is budget 2010-2011
http://www.forumpakistan.com/budget-2010-pakistan-t53613.html


# Total outlay of Budget 2009-10 is Rs2.489 trillion
# Rs50 billion allocated for the displaced of operation in Malakand Division
# Inflation rate has declined to 14.4 percent and it will further decline to single digit in the next fiscal year
# Rs1.488 billion has been allocated for courts



# The best way to lower the poverty is to take the inflation down, which was 25 percent last year
# Rs1.488 billion has been allocated for courts
# Tax base will be broadened
# Property gains tax will be expanded
# CVT will be continued
# DGP growth expected to be 3.3 percent for 2009-10
# Salaries of armed forces will be raised from July 1
# Inflation target for 2009-10 will be 9%
# Rs 70 billion for Benazir Income Support Program for 09-10
# Fiscal deficit will be limited to 4.9 percent or Rs722 billion
# Current expenditure will be curtailed by 15.3 percent
# Carbon surcharge will be introduced in FY10
# Withholding tax on domestic vehicles ended
# Rs2.2 billion allocated for environment
# Tax target raised to Rs 2.17 trillion
# Rs23.1 billion for health.
# Duty on wind power plants withdrawn.
# Social protection net being introduced for farmers.
# Agriculture and value addition to be given special attention.
# Use of new technology in agriculture sector to be encouraged.
# Rs18 billion for PSDP which is 25 percent higher than the previous year
# CVT on property to be increased to 4 percent from 2 percent.
# Petroleum development levy to end in FY10.
# Government raises salaries of government of employees by 15 percent.
# Tax Collection Target has been set at Rs 1377.5 billion
# Current Expenditures are estimated at 1699.19 billion
# Allocation for People’s Works Program: Rs 28 billion
# Allocation for Workers’ Welfare Fund: Rs 10.8 billion
# Government and armed forces’ retired employees will receive 15 percent raise in their net pensions from July 1, 2009
# An increase of allowance equivalent to one basic pay, effective from July 1, 2009, has been approved for the military’s personnel deputed in the western part of the country. All the members of the armed forces will get the same from January 1, 2010.
# Rs 262 billion are for federal ministries
# Rs 38 billion are for Azad Jammu and Kashmir, FATA and Northern Areas
# Rs 60 billion are for Corporations
# Rs 60 billion are for Water Sector Development
# Rs 47 billion are for Dams Construction/Raising
# Rs 18 billion for Agriculture
# Rs 23.15 billion have been allocated for Health sector
# Rs 32 billion have been allocated for Education with Rs 22.5 billion for Higher Education
# Development Budget allocated for the Provinces: Rs 200 billion
# National Highway Authority will receive Rs 40.2 billion
# Rs 12.7 billion are for Railways
# Rs 70 billion are allocated for Transport and Communication
# Rs 85 billion have been allocated to overcome energy crisis and would be spent on Electricity, Gas and Water Supply projects.
# Rs 2.96 billion have been allocated for environment protection
# Rs 3.6 billion are for National Internship Program
# Rs 450 million for cultural development
# Rs 583 million for Sports
# Rs 300 m allocated for Postal Ministry in PSDP-2009-10
# Communications Division gets Rs.45971.990 million in PSDP 2009-10, NHA gets Rs 45706.090
# Govt allocates Rs.50.000 mln for NRB
# Rs. 3265.377 mln earmarked for 132 projects of Science & Technological Research Division
# Govt. allocates Rs 16709.980 mln for Food Agriculture Division
# Tax on imports raises to 4% from 2%.
# Rs12 billion allocated for Mangla dam
# Govt to set up export houses.
# Excise duty on cellular down to 19 percent
# Excise duty on CKD reduces by 5 percent
# SIM activation charges have been reduced from Rs500 to Rs250
# The funds for the science and technology being doubled
# Rs10 billion fund allocated for SMEs
# Govt to spend Rs4 billion on Benazir Tractor Scheme for small cultivators in next two years
# Rs47 billion allocated for water resources management under PSDP
# The govt not to increase tax on industry
# 600 filtration plants being set up
# sales tax abolished on wheel chairs
# Wind energy projects to be set up in and around Gharo
# Amount for wedding assistance raised from Rs5000 to Rs70000
# The limit of health insurance will be Rs25000 annually
# The retired govt employees and army personnel to receive new raised pension from July 1
# Rs60 billion allocated for water
# Rs12 billion for Pakistan Railways
# Rs250 levied as custom duty on mobile sets.
# Rs40 billion allocation for export investment fund.
# Rs166 billion for construction of dams
# Small and medium sized dams will be built

_________________
Salam Pakistan,


Pak People
Love Pakistan, Love PTV, Love Lollywood, Love Pakistani dramas, films, radio, music and songs, Love Pakistani Products
Mon Jun 15, 2009 9:10 am View user's profile Send private message
paksubha_456
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Full PK Member


Joined: 24 Jan 2009
Posts: 269
Location: Karachi, Pakistan

Reply with quote
This budget is a JOKE, look at inflation and the GDP growth this year. Its embarrasing to even quote them.

We need Musharraf and Shaukat Aziz back!!!
Mon Jun 15, 2009 10:06 am View user's profile Send private message
urfi67
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Joined: 25 Apr 2008
Posts: 8308

Reply with quote
lets hope for best,,,thx 4 sharing
Mon Jun 15, 2009 2:44 pm View user's profile Send private message
salmanshaheen_88
Pak Newbie


Joined: 15 Jun 2009
Posts: 2

budget aisa hota hai? Reply with quote
is saal ka budget aiwin he bnaya hai yra koi relief nahi
Mon Jun 15, 2009 11:08 pm View user's profile Send private message
Rizwan2009
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Joined: 28 Feb 2009
Posts: 118

Reply with quote
Forget about the Budget, Just another sucking of blood from People of Pakistan,

No hope at all from this CIA Based Government.
Thu Jun 18, 2009 6:05 pm View user's profile Send private message Send e-mail Visit poster's website AIM Address Yahoo Messenger MSN Messenger ICQ Number
shani1982
Pak Newbie


Joined: 25 Apr 2009
Posts: 16

Reply with quote
can i watch t20 worldcup?
Thu Jun 18, 2009 9:42 pm View user's profile Send private message
spulja
Pak Newbie


Joined: 18 Jun 2009
Posts: 1
Location: london

ok Reply with quote
definatly
Thu Jun 18, 2009 10:28 pm View user's profile Send private message
saayan
Pak Newbie


Joined: 14 Sep 2007
Posts: 10

budget Reply with quote
the budget is not gud enough for poor people plz do something for them
Thu Jun 18, 2009 11:59 pm View user's profile Send private message
bilal01
Pak Newbie


Joined: 08 May 2008
Posts: 7

bugdet Reply with quote
bugdet is the way to impose the Zrdari tax on pakistan's peoples.
Fri Jun 19, 2009 12:28 am View user's profile Send private message Send e-mail Yahoo Messenger MSN Messenger
azaadmanash
Pak Newbie


Joined: 12 May 2009
Posts: 2
Location: Toronto, Canada

WATCHING POVERTY GROW: A look at Pakistan's budget Reply with quote
WATCHING POVERTY GROW: A look at Pakistan’s budget

Electricity bills go up, so do gas prices as Pakistan government announced 0.2% for health-care, 0.8% for education and 12% for the army in the budget 2009-10. The only expenditure higher than the army’s in the budget is debt payment.
For now, the army is working for the money they make but their influence on the political set-up is obvious by the chunk of budget allocation they receive compared to the necessary public expenditure that keeps getting put off indefinitely. The minister, in her budget speech revealed that the war on terror has consumed 35 billion dollars. Americans paid ten and who paid the rest is everybody’s guess.
Most ironic is the exorbitant increase in electricity bills. The whole city of Karachi was without power for longer than 24 hours. Load-shedding of electricity for a few hours daily is the norm all over the country but consumers will see a minimum raise of one thousand rupees on their monthly bills.
Government has ear-marked Rs. 70 billion to be distributed to the poorest families. The program called Benazir income support fund would give $12.50 (one thousand rupees) per month to 5 million families who have no income. Close to a quarter of the 170 million Pakistanis live in extreme poverty.
Almost 75% Pakistanis live on an income below two dollars a day. Health-care is either hard to reach or very expensive. Middle class in the cities cannot afford necessary health-expense. For the large majority, government hospitals are the only resource and they are far and few and under-funded. The amount of Rs. 6.48 billion allocated for the health sector cannot improve on the provision of this necessity.
More than half of the Pakistani population is illiterate and Pakistan has existed for sixty-two years. Numbers speak for the government’s in-attention to this vitally important sector. With the US gestures for aid to be invested in the public sector, the allocation of a meager 0.8% towards education is pathetic.
Pakistan’s Rs.2.9 trillion budget relies on foreign aid and the government plans to seek help from IMF in case the aid does not come through on time. This budget projects a deficit of 4.9% and IMF could allow only 4.6% so the government intends to borrow money to make up for the difference. Broadening the Tax base by including agriculture could be a far-fetched idea for the government of feudal-lords. Agriculture contributes 22% to the GDP and yields only 1% of the revenue.
Rs.655 billion will be given to the provinces in 2009-10. The year before, provinces were promised more in the budget but received around Rs.600 billion. In 1948, sales-tax was taken over by the federation because national security demanded that provinces give it up. With the volatile situation in Baluchistan and a war in NWFP, the budget could be a good time to announce concessions for the provinces but a National Finance Commission is set to begin after a few months. Integrity of the country could depend on these issues but government has not shown any urgency.
Generations of Pakistanis are condemned to a life-time of hard labor on empty stomach to pay for the war, army, ministers, senators, MNAs, MPAs, international aid, loans and donations and still feel indebted to the donor countries without receiving a dime of help. The military and their feudal allies borrow on behalf of the people to keep their business running while the people are sinking deep in debt and poverty.
Fri Jun 19, 2009 2:17 am View user's profile Send private message
HBClass101
Pak Newbie


Joined: 20 Jun 2009
Posts: 18

Reply with quote
wow javascript:emoticon('Shocked')
Shocked
Thu Jun 25, 2009 3:07 am View user's profile Send private message
Rizwan2009
Full PK Member
Full PK Member


Joined: 28 Feb 2009
Posts: 118

Re: bugdet Reply with quote
bilal01 wrote:
bugdet is the way to impose the Zrdari tax on pakistan's peoples.



ZARDARI DAKU KA JAGGA TAX
Thu Jul 02, 2009 3:48 pm View user's profile Send private message Send e-mail Visit poster's website AIM Address Yahoo Messenger MSN Messenger ICQ Number
Rizwan2009
Full PK Member
Full PK Member


Joined: 28 Feb 2009
Posts: 118

Re: bugdet Reply with quote
bilal01 wrote:
bugdet is the way to impose the Zrdari tax on pakistan's peoples.


ZARDARI DAKU KA JAGGA TAX
Thu Jul 02, 2009 3:49 pm View user's profile Send private message Send e-mail Visit poster's website AIM Address Yahoo Messenger MSN Messenger ICQ Number
DUBALIAN
Pak Newbie


Joined: 21 Jan 2008
Posts: 32
Location: ISLAMABAD

Reply with quote
bujet kaya hay,,,,,,,shamat hay awam key,,,,,
gandi sisast ka kamalat to budget aure us kay baad bhee miltya rehataya hina
Thu Jul 02, 2009 3:57 pm View user's profile Send private message Send e-mail
faisalghous
Pak Newbie


Joined: 16 Feb 2009
Posts: 21

Reply with quote
The budget is just a combination of numbers and figures but does not provide any practical solutions to the people's actual issues.
Thu Jul 02, 2009 4:06 pm View user's profile Send private message
ufone
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Joined: 05 May 2009
Posts: 259

Reply with quote
nice sharing Smile
Thu Jul 02, 2009 8:30 pm View user's profile Send private message
AQK_Kahuta
Pak Newbie


Joined: 04 Jul 2009
Posts: 6

Reply with quote
It seems some Indian brain is behind this year budget !
Sat Jul 04, 2009 9:05 am View user's profile Send private message
suzuran1511
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Full PK Member


Joined: 04 Jan 2008
Posts: 114

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yes
Tue Jul 07, 2009 5:24 pm View user's profile Send private message
mirpuri
Pak Newbie


Joined: 08 Jul 2009
Posts: 46
Location: Mirpur

Reply with quote
Who is telling it that it is Indian hand behind our Budget ? There are more talented people in Pakistan than any other country. And please reveal your name and tell us your real name please,
Wed Jul 08, 2009 2:24 pm View user's profile Send private message
mohasin
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Joined: 13 Mar 2008
Posts: 180

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No No Nonononononononononononoonononnoonoononononoonono N--------------------------------------o Twisted Evil
Wed Jul 08, 2009 4:41 pm View user's profile Send private message
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