Pakistan Institute of Development Economics

P & R Vol.2 Issue 7
Publication Year : 2021

Provincial Finance Minister Makhdoom Hashim Jawan Bakht presented Punjab’s budget for the fiscal year 2021-22, with a special focus on “Social Development, Economic Growth & Regional Equalization.” The total budget outlay for the upcoming fiscal year in set at PKR 2653 billion, up from PKR 2259 billion in the concluding year. Punjab is also expected to receive PKR 1684 billion in the upcoming fiscal year as its share of NFC award. This amount will be 18% more than what the province received last year.