Budget 2020

Budget 2020: Headline figures

Headline figures for Budget 2020

Budget outlay to be Rs7,022bn — 30pc higher than last year

Federal revenues to be Rs6,717bn — 19pc higher than last year

FBR tax target set at Rs5,550bn

Tax to GDP ratio to be increased to 12.6pc

Rs3,255bn to be disbursed to provinces via the 7th NFC award — 32pc higher than last year

Net federal reserves to touch Rs3,462bn, 13pc higher than last year

Budget Deficit — Rs3,560bn

Provincial surplus budgeted at Rs423bn

Total fiscal deficit to clock in at Rs3,137bn — 7.1pc of GDP, compared to 7.2pc of GDP last year.