Investor Presentaiton
Chapter III - Estimates of Expenditure
Budgetary Framework under the Constitution
Articles 120-126 of the Constitution of Islamic Republic of Pakistan, 1973 provide framework for Annual Budget Statement, Demand for
Grants, Charged and Voted Expenditure out of Provincial Consolidated Fund, procedure for Annual Budget Statement, Authentication of
Schedule of Authorized Expenditure and procedure for Supplementary Grants for excess expenditure.
After accommodating the demands of Current Revenue Expenditure and Current Capital Expenditure, the net surplus is available for financing
the Development Expenditure, which may be additionally financed through foreign aided projects. The budgetary allocations tend to strike a
balance between competing demands of Current and Development Expenditures. Without compromising on essential areas of Current and
Capital Expenditure, the Provincial Budget bids to ensure maximum surplus for Development Expenditure.
Budgetary Framework
Federal Transfers
Recurrent impact of
Development
1*1
Macro-Economic
Projections
General Revenue
Receipts
Current Expenditure
Provincial Receipts
Revenue Surplus
Development
Expenditure
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Development Priorities
Sectoral AllocationsView entire presentation