In the current interview of SI and ASI, some questions are being asked in relation to the budget. So, we will discuss the points of the pakistan budget in relation to the commission, about which we can talk.
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Total Volume of the pakistan Budget
Last year, it was more. Last year, it was 18.7 trillion. It is called the austerity budget, in which the expenses have been reduced.
Finance Minister and pakistan Budget Presentation
Mohammad Aurangzeb is our finance minister. He has presented this pakistan budget. It has been specially imported from the Netherlands and Holland. He is an economist to improve the economy of Pakistan. He had also presented the previous budget. He has presented this budget.
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GDP Growth Target
The GDP growth rate has been targeted at 2%. Last year, it was 3.6%. This year, it was 2.6%. This time, the target has been set at 2%. Whether we will be able to achieve it or not, will be discussed in the economic survey of Pakistan.
Inflation Rate Target
The inflation will be targeted at 5%. Last year, the inflation rate was 28%. It has been reduced. If the target is set at 5%, the inflation rate will be targeted at 5%.
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Budget Allocation Overview
Let me show you a chart of the total budget. This is our total budget. It is 17.57 trillion. This is a large portion. 40% to 47% goes into debt servicing. The interest of those who have taken loans will be repaid.
Let’s take an estimate of 47%. We will deposit it in the previous loans. We will distribute the remaining amount.
Defense pakistan Budget Allocation
There is also a defense issue. The percentage given to the defense is 7.2%.
Our army has performed very well. The expenses related to defense have been increased by 20%.
Health and Education Budget
14 billion has been given to health. 14 billion has been allocated to the federal health institutions.
39.5 billion has been allocated to education.
Development and Civil Government pakistan Budget
The development budget for the public sector is 4 trillion rupees. The expenses related to the civil government have been increased by 4%. 4.8% has been allocated to the federal sector.
You must remember this percentage. You can also remember the percentage of defense. You must remember this percentage.
Focus on Debt Servicing
We are spending a lot of money on debt servicing. Our entire budget goes to the state-owned enterprises. It is called a moderate budget.
Budget Discussion Tips for Interviews
If I tell you something about the interview, they will ask you to tell them about the budget. You can tell them about the two flaws of the budget. You can tell them about the two negative things. You can tell them about the two improvements that could have been made.
Missing Allocation for Dams
You can see that there is no money for the dams. Our current issue is with India. They are trying to stop us. They are also trying to stop the rest. We should have allocated the budget for the dams. We should have allocated the budget for the dams. You can see two or three points in this.
Salary, Pension, and Minimum Wage Increases
10% has been increased for government servants. 7% has been increased for pensions. The minimum wage has been increased to Rs 37,000. The minimum wage has been increased to Rs 37,000.
Changes in Solar Panels and Cars
Some solar panels have been increased. 18% has been increased for solar panels. Some cars have been increased.