Pakistan budget 2014-15

The Finance Minister Ishaq Dar presented a federal budget 2014-15 with a total outla of !s "#$45 trillion in the %ational &sse'bl toda( &!)
%ews reported#
Following are the salient features of the budget 2014-15
BUDGET HIGHLIGHTS:
-Tota Budget outa!* !s 4#"05 trillion#
-P"o#in$ia t"ans%e"s* !s 1#+20 trillion#
-&is$a de%i$it( which was registered at 5#5, during -ul-&pr 2012-1"( has been brought down to onl 4#0, for the sa'e period this ear#
-Pubi$ Se$to" De#eo'(ent P"og"a( )PSDP** !s 1#1+ trillion has been allocated
-Pensions: &n increase in pensions fro' !s 5000 to !s .000
-+ini(u( ,age* The 'ini'u' wage for labourers rose to !s11000 fro' !s1000#
-E$ono(i$ G"o-t. has been pro/ected at 4#14,( the highest growth in the last si0 ears#
-In%ation /ate stands at 1#., co'pared to 12#., in pre2ious regi'e
- Pe" 0a'ita In$o(e( which stood at 34 51""$ last ear is pro/ected to increase to 51"1.( showing a growth of "#5,#
- Indust"ia Se$to"( which grew b a 'eager 1#"+, during -ul-Feb last ear( has registered a growth of 5#14,#
-In%ation( which had a2eraged around 12, in the fi2e ears before our go2ern'ent( was recorded at 1#., for -ul-Ma 201"-14#
-&B/ "e#enues( which had registered one of the poorest perfor'ances of in the recent past of ", growth in 2012-1"( are up b 1.#4,( rising
fro' !s#1(.+$ billion to !s#1($55 billion in the first 11 'onths of the current ear#
-E1'o"ts were recorded at 521billion during -ul-&pr 201"-14 co'pared to 520#1billion last ear#
-I('o"ts were recorded at 5"+#1 billion during -ul-&pr 201"-14 co'pared to 5".#+ billion last ear and showing a 'arginal growth of 1#2,#
6owe2er( i'ports of 'achiner ha2e increased b an i'pressi2e 11, an indication of in2est'ent acti2it#
-/e(ittan$es2 which were recorded at 511#. billion during -ul-&pr 2012-1"( rose to 512#$ billion for the sa'e period this ear( showing an
increase of 11#5,#
-&o"eign E1$.ange /ese"#es( which had declined to a precarious le2el when in -une 201" 478 the stood at 5. billion( of which 52 billion
were due to a swap that was paable in &ugust#
-3a"a$.i Sto$k E1$.ange Inde1( which stood at 1$($1. on 11 Ma 201"( the da the elections were held( has continuousl scaled new heights
and stood at 2$(54" on 2$ Ma 2014( showing an increase of 4.,#
-4u$tion o% S'e$t"u( Li$ense:&nothernotable achie2e'ent of our go2ern'ent is the successful auction of radio spectru' license of "9 and
49#
-/edu$tion o% %is$a de%i$it: 9o2ern'ent ai's to reduce the fiscal deficit still further fro' 5#1, of 9D8 to 4#$, of 9D8#
-0"eating 5e- 6obs: & detailed stud on the i'pact of "9-49 technolog on e'plo'ent has esti'ated so'e $00(000 /obs will be created in
the ne0t four ears#
-P"ote$ting t.e Poo": 7ena:ir Inco'e 4upport 8rogra' allocation increased to !s 111 billion# Monthl stipend under the progra' will now be
!s 1500 per 'onth#
-P"i(e +iniste"7s I0T S$.oa"s.i' P"og"a(: !s#125 'illion ha2e been allocated out of %ational I;T !<D Fund to pro2ide 500 scholarships in
a transparent 'anner#
-,ate": !s#42 billion allocated for pro/ects in 2arious parts of the countr#
-Po-e": !s#205 billion allocated for this 2ital sector( e0cept 34 5 +00 'illion IMF grant for different power pro/ects#
-/ai-a!s* !s#++ billion for 45 de2elop'ent sche'es and pa < pensions of railwa e'ploees#
-Hu(an De#eo'(ent: &n allocation of !s#20 billion for 111 pro/ects of the 6igher =ducation ;o''ission#
-4g"i$utu"e: %ational Food 4ecurit ;ouncil has been established# The council will be responsible for ensuring polic coordination across
pro2inces and relating to producti2it i'pro2e'ents( 'ar>et refor's( 2alue addition and prices that ensure stable inco'es for far'ers#
-Housing: Three initiat2es ta>en for housing sector( the are* ?ow ;ost 6ousing 9uarantee 4che'e( Mortgage !efinance ;o'pan( !e2i2al
and !estructuring of 67F;*6ouse 7uilding Finance ;o'pan ?i'ited and 8M ?ow ;ost 6ousing 4che'e
-Pakistan De#eo'(ent &unds: !s#15+ billion ha2e been allocated for 8DF#