Investor Presentaiton
Chapter III - Estimates of Expenditure
PKR 61.1 bn
RE FY 2019-20
Education Affairs & Services
+18%
PKR 71.8 bn
BE FY 2019-20
At Provincial level, major spending shall be at Secondary and Tertiary levels of Education; i.e. Colleges and Universities. As against Revised
Estimates for FY2019-20, the Current Year's allocation receives 18% increase over.
Capital Expenditure in
Account No. (Non-Food)
i
Principal Repayment of
Domestic and/or
Foreign Debt
Loans and advances
made to Government
entities
Capital Expenditure
Contributions made to
Pension and/or
General Provident
Fund
Government of Punjab maintains Provincial Account No. II (Food) with the State Bank of Pakistan. Capital Expenditure out of this account
is incurred on state commodity trading operations in food grains especially procurement of wheat for maintaining critical stocks of the staple
food. Out of sale proceeds of the grains released to the Flour Mills, loans obtained from the commercial banks for trading operations of Food
Department are repaid.
Capital Expenditure
Debt Management - Repayment of Principal
Investment
Loans and Advances
Loans to other Non-Financial Institutions
Loans to Government Servants
State Trading in Medical Stores
Total Account No. I
Public Debt Account No. II
Total Current Capital Expenditure
BE 2019-20
RE 2019-20
(PKR Billion)
BE 2020-21
49.150
47.178
55.084
84.400
6.720
43.800
76.977
28.418
29.411
76.977
28.418
29.411
0.000
0.093
0.257
0.127
210.621
82.573
128.518
208.255
334.545
331.869
418.876
417.118
460.292
Public Financial Management Reforms initiated shift from Incremental Budgeting to Medium-Term Budgeting Framework (MTBF) against the
traditional yearly approach. On the basis of macroeconomic indicators, a Medium-Term Fiscal Framework (MTFF) was developed to finalize
an indicative resource envelope for next three Financial Years.
Faced with uncertainties this year, Finance Department intends to introduce Framework for Rolling Expenditure to control and monitor
expenditure on the basis of demand as against traditional supply model. The Framework may make budgetary allocations resilient enough to
combat unexpected macroeconomic challenges. With the introduction of the Framework, Administrative Department will be expected to
demand release of allocated monies spread over the entire fiscal years based on actual needs at a given time. This constitutes a paradigm
shift of sorts as well.
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