Explanatory Memorandum on Federal Receipts
The Explanatory Memorandum on Federal Receipts is part of the federal budget for FY 2022-23. This page reproduces the text of its 96 PDF pages, extracted automatically from the official PDF published by the Finance Division, Government of Pakistan.
This text was extracted automatically from the PDF's text layer. Tables may lose their column alignment, and a page with no text layer is marked rather than guessed. Check the official PDF before relying on any figure.
Page 1
FEDERAL
BUDGET
2022-23
EXPLANATORY
MEMORANDUM
ON FEDERAL
RECEIPTS
Government of Pakistan
Finance Division
IslamabadPage 2
No text layer on this page, see the official PDF.
Page 3
P R E F A C E
The Annual Budget Statement as per Article 80 of the Constitution of Islamic Republic of
Pakistan, containing estimated receipts and expenditure of the Federal Government for
Financial Year 2022-23 is being laid in the National Assembly of Pakistan, which will also be
transmitted to the Senate of Pakistan as required under Article 73(1) of the Constitution of
Islamic Republic of Pakistan.
The “Explanatory Memorandum on Federal Receipts” is an additional supplement, which
elaborates the nature and source of all the receipts included in the Annual Budget Statement
for better understanding of the readers.
The major Federal sources comprise revenue receipts, capital receipts, external receipts and
Public Account Receipts. All these receipts, except Public Account Receipts become part of
the Federal Consolidated Fund.
Furthermore, revenue has been categorized as tax and non tax revenue, whereas capital
receipts largely comprise domestic debt receipts and external debt receipts. For better
understanding, a dedicated portion titled "Estimates of Foreign Assistance" has been prepared
highlighting major sources of external loans and grants for specific projects and programmes.
The distribution of resources amongst the Federation and the Provinces as per the 7th National
Finance Commission Award has also been included for convenience of the readers.
I hope that this document would be more helpful for a comprehensive understanding of all the
Federal receipts.
Hamed Yaqoob Sheikh
Secretary to the Government of Pakistan
Finance Division
Islamabad, the 10th June, 2022Page 4
No text layer on this page, see the official PDF.
Page 5
CONTENTS
Page No.
Chapter 1: Overview of Federal Resources 1-2
Part- I Internal Receipts 3
Chapter 2: Revenue Receipts 5-7
Chapter 3: Tax Revenue Receipts 8-9
I. FBR Taxes 8
i. Direct Taxes
ii. Sales Tax
iii. Federal Excise Duty
iv. Customs Duty
Chapter 4: Non Tax Revenue Receipts 10
I. Levies and Fees 11
i. Mobile Handset Levy
ii. Receitps of ICT Administration
iii. Airport Fee
II. Income From Property and Enterprise 11-19
i. Surplus Profit of PTA & other Government
ii. Mark-up Receipts
iii. Dividend
III. Receipts from Civil Administration etc 20-25
i. General Administration Receipts
ii. Surplus Profit of State Bank of Pakistan
iii. Defence Services Receipts
iv. Law and Order Receipts
v. Community Services Receipts
vi. Social Services Receipts
IV. Miscellaneous Receipts 26-35
i. Economic Services Receipts
ii. Foreign Grants
iii. Other Receipts
iv. Extra Ordinary Receipts
v. Citizenship, Naturalization and Passport Fee
vi. Petroleum Levy
vii. Natural Gas Development Surcharge
viii. Royalty on Oil and Gas
(i)Page 6
CONTENTS
Page No.
ix. Discount Retained on Local Crude Oil
x. Windfall Levy against Crude Oil
xi. Gas Infrastructure Development Cess
Chapter 5: Provincial Share in Revenue Receipts 36-41
Chapter 6: Capital Receipts 42-49
I. Recoveries of Loans and Advances
II. Domestic Debt Receipts (Non Bank) - Net
III. Domestic Debt Receipts (Bank) - Net
Chapter 7: Public Account Receipts 50-57
I. Deferred Liabilities (Net)
II. Deposits and Reserves (Net)
Chapter 8: Privatization Proceeds 58
Part - II External Receipts 59
Chapter 9: Estimates of Foreign Assistance 61-90
I. Project Loans
II. Programme Loans
III. Other Loans
(ii)Page 7
CHAPTER 1: OVERVIEW OF FEDERAL RESOURCES 1.1 Resource Mobilization is essential to meet the recurring as well as development expenditure. At Federal level, resources are generated through a well-coordinated and concerted effort by the revenue collecting agencies and other administrative units. The money so raised are properly deposited in the national exchequer, precisely accounted for and accurately reported as per the principles of financial propriety. The constitutional requirements for maintaining the federal receipts are strictly adhered to Article 78(1) of the Constitution of Islamic Republic of Pakistan provides that all revenues received by the Federal Government, all loans raised by that Government and all moneys received by it in repayment of loan, shall form part of the Federal Consolidated Fund. Article 78(2) further provides that all other moneys received by or on behalf of the Federal Government shall be credited to the Public Account of the Federation. In pursuance thereof, the Federal Receipts are credited to Federal Consolidated Fund as well as the Public Account of Federation. 1.2 Federal Revenue Receipts are broadly categorized as Tax Revenue and Non-Tax Revenue. Federal Board of Revenue (FBR) is the major tax collecting agency as substantial portion of Tax Revenue is administered by it. Tax Revenue collected by FBR constitutes the Divisible Pool Taxes to be distributed amongst the Provinces along with other Straight Transfers in accordance with the provisions of National Finance Commission Award. 1.3 As per Section 2(ma) of the Public Finance Management Act, 2019 (amended), Non-Tax Revenue means revenues received by the Government in terms of clause (1) of Article 78 of the Constitution, and the recurring income of the Government from investments and provision of services but does not include those mentioned in clause (3) of Article 160 of the Constitution. 1.4 In addition to Revenue Receipts, there are Capital Receipts reflected in Annual Budget Statement. Capital Receipts comprise Recoveries of loans and advances from Provincial Governments, local bodies, financial institutions,etc. as well as Public Debt raised through various government securities. 1.5 Net proceeds of National Saving Schemes and net receipts from transactions under Deposits and Reserves head being Public Account Receipts, form part of Public Account of the Federation. 1.6 External Resources comprise of project loans and grants, programme loans and other loans which are received from specialized financial institutions and friendly countries for specific development needs and budgetary requirements. 1.7 Federal Receipts may also be classified as Internal Receipts and External Receipts. Internal Receipts comprise of Revenue receipts and Capital receipts. External Receipts comprise of project aid, loans and grants.
Page 8
1.8 Budget Estimates for Fiscal Year 2021-22 and 2022-23 in respect of total Federal Receipts
under different heads are as under;
TABLE 1
SUMMARY OF FEDERAL RESOURCES
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
Revenue Receipts
B 1 Tax Revenue Receipts 5,829,000 6,050,000 7,470,000
FBR Taxes 5,829,000 6,050,000 7,470,000
B01 Direct Taxes 2,182,000 2,234,000 3,039,000
B02 Indirect Taxes 3,647,000 3,816,000 4,431,000
2 Non Tax Revenue Receipts 2,079,965 1,315,149 1,934,896
B03 Levies and Fees 29,503 29,888 35,151
Income from Property and
C01 265,839 300,078 279,647
Enterprise
C02 Receipts from Civil Administration, etc. 684,105 508,646 354,044
C03 Miscellaneous Receipts 1,100,518 476,536 1,266,053
3 Total Revenue Receipts (1+2) 7,908,965 7,365,149 9,404,896
E 4 Capital Receipts 1,439,879 2,507,711 2,375,060
Recovery of Loans and Advances 273,352 305,697 253,576 E02
Domestic Debt Receipts (Net) 1,166,527 2,202,015 2,121,484 E03
Total Internal Receipts (3+4) 9,348,844 9,872,860 11,779,956 5
External Receipts 2,747,292 3,928,105 5,546,338 6
Loans 2,714,977 3,891,667 5,516,377
Grants 32,314 36,437 29,961
7 Total Internal and External Receipts (5+6) 12,096,136 13,800,964 17,326,294
G Public Account Receipts 74,195 (244,564) (125,196) 8
Deferred Liabilities (Net) 58,137 (273,001) (128,865)
Deposits and Reserves (Net) 16,059 28,438 3,669
9 Gross Federal Receipts (7+8) 12,170,331 13,556,401 17,201,098
10 Less Provincial Share in Federal Taxes 3,411,858 3,541,368 4,372,565
11 Net Federal Receipts 8,758,473 10,015,033 12,828,533Page 9
PART-I
INTERNAL RECEIPTS
(EXPLANATORY MEMORANDUM)Page 10
No text layer on this page, see the official PDF.
Page 11
CHAPTER 2: REVENUE RECEIPTS
2.1 Revenue Receipts constitute major component of total Federal resources. Revenue
Receipts may be categorized as Tax Revenue Receipts and Non-Tax Revenue receipts, which
are largely derived from the following sources:-
i. Collection of Federal Taxes by FBR
ii. Surplus Profit of State Owned Entities
iii. Mark up on loans advanced by the Federal Government
iv. Return on investments made by the Federal Government
v. Fees, penalties and other Miscellaneous receipts realized by
administrative Ministries and Divisions of the Federal Government
vi. Surcharges, Cess, Levy and Royalty on Petroleum
2.2 TAX REVENUE RECEIPTS
2.2.1 Tax Revenue is administered by the Federal Board of Revenue (FBR), which
comprises Inland Revenue i.e, Direct Taxes, Sales Tax and Federal Excise Duty, and Customs
Duty. FBR taxes may also be categorized as Direct Taxes and Indirect Taxes. Direct Taxes
comprise of Income Tax, Capital Value Tax , Ordinary Collection (WWE) and Contribution under
Companies Profits (WPPF).Indirect Taxes include Sales Tax, Federal Excise Duty and Customs
Duty.
2.3 NON TAX REVENUE RECEIPTS
2.3.1 Non-Tax Revenue means revenues received by the Government in terms of clause (1)
of Article 78 of the Constitution and the recurring income of the Government from investments
and provision of services but does not include those mentioned in clause (3) of Article 160 of the
Constitution. Non-Tax Revenue of the Federal Government is administered by various Ministries
/ Divisions/ Departments under the following broad categories:
i. Levies and Fees
ii. Income from Property and Enterprise
iii. Receipts from Civil Administration etc
iv. Miscellaneous ReceiptsPage 12
2.4 Summary of Revenue Receipts for Budget Estimates and Revised Estimates for Fiscal
Year 2021-22 and Budget Estimates for Fiscal Year 2022-23 are given as under;
TABLE 2
SUMMARY OF REVENUE RECEIPTS
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
I. TAX REVENUE 5,829,000 6,050,000 7,470,000
FBR Taxes (1+2) 5,829,000 6,050,000 7,470,000
B01 (1) Direct Taxes 2,182,000 2,234,000 3,039,000
B011 Taxes on Income 2,171,839 2,221,217 3,024,076
B017-18 Capital Value Tax 562 440 515
B01501 Ordinary Collection (WWF) 8,054 5,951 6,947
Contribution under Companies Profit
B01502 1,545 6,392 7,462
(WPPF)
B02 (2) Indirect Taxes 3,647,000 3,816,000 4,431,000
B020-22 Customs Duty 785,000 817,000 953,000
B023 Sales Tax 2,506,000 2,655,000 3,076,000
B024-25 Federal Excise Duty 356,000 344,000 402,000
II. NON TAX REVENUE (1+2+3+4) 2,079,965 1,315,149 1,934,896
B03 (1) Levies and Fees 29,502.572 29,888.420 35,151.480
B03087 Mobile Handset Levy 9,000 8,000.000 10,000.000
B013,14,
Receipts of ICT Administration 20,453 21,838.420 25,098.480
16,26-30
B03064 CAA Airport Fee (CAA) 50 50.000 53.000
(2) Income from Property and
C01 265,839 300,078.349 279,647.490
Enterprise
C01008 PTA (4G/5G Licences) 45,436 100,000.000 50,000.000
C01008 I.T PTA (Surplus) 4,000 3,500.000 9,000.000
Surplus Profit of other Regulatory
C01012 508 570.675 695.000 Authorities
C012 Mark up (Provinces) 35,532 35,750.574 39,652.490
C013-18 Mark up (PSEs & Other) 90,000 90,000.000 100,000.000
C019 Dividend 90,363 70,257.100 80,300.000
Contd….Page 13
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
(3) Receipt from Civil Admn and Other
C02 684,105 508,645.864 354,044.331
Functions
C021-24 General Administration 7,114 7,041.636 13,620.612
Surplus Profit of State Bank of
C02211 SBP 650,000 474,000.000 300,000.000
Pakistan
C025 Defence Services Receipts 20,274 20,084.693 30,222.297
C026 Law and Order Receipts 2,695 2,958.294 3,849.636
C027 Community Services Receipts 2,538 2,990.161 3,847.481
C028 Social Services Receipts 583 570.980 1,004.205
C029 Social Services Receipts (Misc) 902 1,000.100 1,500.100
C03 (4) Miscellaneous Receipts 1,100,518 476,536.000 1,266,053.121
C031-35 Economic Services Receipts 2,980 19,969.627 25,970.770
C03601 Foreign Grants 20,000 20,000.000 25,000.000
C03725 Extraordinary Receipts (UNO) 47,360 35,289.678 45,020.228
C037 Extraordinary Receipts (Others) 45 28.162 30.681
Citizenship, Naturalization & Passport
C03897 35,000 25,000.000 35,000.000
Fee
C038 Other Receipts of Attached Depatts 81,534 53,248.533 56,031.442
C03901 Petroleum Levy 610,000 135,000.000 855,000.000
C03902 Natural Gas Development Surcharge 36,000 30,000.000 40,000.000
C03905 PTR Royalty on Oil 35,000 40,000.000 46,000.000
C03906 Royalty on Gas 65,000 60,000.000 70,000.000
C03910 Discount Retained on Local Crude Oil 20,000 16,000.000 20,000.000
C03915 Windfall Levy against Crude Oil 10,000 12,000.000 10,000.000
C03916 Gas Infrastructure Development Cess 130,000 25,000.000 30,000.000
C03917 Petroleum Levy on LPG 7,600 5,000.000 8,000.000
Total Revenue (Other than FBR) 2,079,965.439 1,315,148.633 1,934,896.422
Total Revenue (including FBR) 7,908,965.439 7,365,148.633 9,404,896.422
Less Prov share in Federal Taxes 3,411,858.471 3,541,368.000 4,372,564.964
Net Federal Revenue Receipts 4,497,106.968 3,823,780.633 5,032,331.458Page 14
CHAPTER 3: TAX REVENUE RECEIPTS
3.1 FBR TAXES
3.1.1 Tax Revenue collected by Federal Board of Revenue (FBR) comprises of Direct Taxes,
Sales Tax, Federal Excise Duty and Customs Duty. The Inland Revenues include direct
taxes,sales tax and FED.The Direct Taxes mainly comprise of Income Tax. The following table
shows the revenue estimates for Fiscal Year 2021-22 (Budget and Revised) and 2022-23
(Budget);
TABLE 3
ESTIMATES OF FBR TAXES
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
B01 Direct Taxes 2,182,000.000 2,234,000.000 3,039,000.000
B023 Sales Tax 2,506,000.000 2,655,000.000 3,076,000.000
B024-25 Federal Excise 356,000.000 344,000.000 402,000.000
B020-22 Customs Duties 785,000.000 817,000.000 953,000.000
Total 5,829,000.000 6,050,000.000 7,470,000.000
3.1.2 Detailed analysis of head wise FBR taxes are highlighted below:
3.1.3 DIRECT TAXES
3.1.3.1 During the first ten months of the current financial year i.e. up to 30-04-2022, Direct
Tax collection stood at Rs. 1,743.7 billion with growth of 28.0%. The Direct Taxes revised target
for FY 2021-22 has been estimated at Rs.2,234.0 billion.However,Direct Taxes target for FY
2022-23 has been estimated at Rs.3,039.0 billion.
3.1.3.2 Along with Income Tax, Capital Value Tax (CVT) , Ordinary Collection (WWF) and
contribution under Companies Profits (WPPF) are also collected by field formation of Inland
Revenue.The revised budget estimate for receipts of WWF and WPPF for 2021-22 is Rs.6.0
billion and Rs.6.4billion, respectively. Whille for Capital Value tax (CVT) it is Rs. 0.4 billion.Page 15
3.1.3.3 The budget and revised estimates for financial years 2021-22 and budget estimates for
2022-23, on account of Direct Taxes are tabulated hereunder:
TABLE 4
DIRECT TAXES
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
B011 Income Tax 2,171,839.000 2,221,217.000 3,024,076.000
B017-18 Capital Value Tax (CVT) 562.000 440.000 515.000
B01501 Ordinary Collection (WWF) 8,054.000 5,951.000 6,947.000
Contribution under Companies Profit
B01502 1,545.000 6,392.000 7,462.000
(WPPF)
Total 2,182,000.000 2,234,000.000 3,039,000.000
3.1.4 Sales Tax
3.1.4.1 During the first ten months of the current financial year, net revenue collection from
Sales Tax (import + domestic) remained at Rs.2,064.2 billion as against Rs. 1,596.2 billion in the
corresponding period of the last financial year, showing a increase of 29.3%. The revised target
for FY 2021-22 is estimated at Rs. 2,655.0 billion.
TABLE 5
SALES TAX
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
B023 Sales Tax (excluding services) 2,503,390.000 2,651,273.000 3,071,528.000
B023 Sales Tax on Services (ICT) 2,610.000 3,727.000 4,472.000
Total 2,506,000.000 2,655,000.000 3,076,000.000
3.1.5 Federal Excise Duty
3.1.5.1 During first ten months of the current financial year net revenue collection from Federal
Excise Duty remained at Rs. 256.0 billion as against Rs. 233.4 billion in the corresponding period
of the last financial year showing a growth of 14.6%. The revised Budget estimates for fiscal year
2021-22 is projected at Rs. 334.0 billion.
3.1.6 Customs Duty
3.1.6.1 During the first ten months of FY 2020-21, net Customs Duty collections is Rs 791.8
billion showing an increase of 33.0% during the corresponding period of FY 2020-21. The revised
Budget estimates for fiscal year 2021-22 is projected at Rs.817.0 billion.Page 16
CHAPTER 4: NON TAX REVENUE
4.1 Non-Tax Revenue represents the recurring income earned by the Federal Government
from sources other than taxes. The major receipts under this head are "Interest receipts"
(received on loans extended by the Federal Government to provinces, Public Sector Enterprises
etc), dividends received from public sector entities and profits earned by various regulatory
authorities. Various services provided by the government i.e social services, community services,
economic services, defence services etc also yield revenue for the government. Broadly, Non-
Tax Revenue fall under three major heads i.e Income from Property and Enterprise, receipts from
civil administration and other functions and Misc Receipts of the Federal Ministries, Divisions and
Departments.
4.2 Summary of Non-Tax Revenue for Budget and Revised Estimates for Fiscal Year 2021-22
and Budget Estimates for Fiscal Year 2022-23 are given below.
TABLE 6
Summary of Non-Tax Receipts
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
B03 Levies and Fees 29,502.572 29,888.420 35,151.480
C01 Income from Property and Enterprise 265,839.344 300,078.349 279,647.490
C02 Receipts from Civil Admn and other functions 684,105.033 508,645.864 354,044.331
C03 Miscellaneous Receipts 1,100,518.490 476,536.000 1,266,053.121
TOTAL 2,079,965.439 1,315,148.633 1,934,896.422
4.3 Levies and Fees
4.3.1 The major sources of Levies and Fees comprise the receipts of the Islamabad Capital
Territory Administration, Mobile Handset Levy and Airport Fee.
4.3.2 Mobile Handset Levy
4.3.2.1 Mobile Handset Levy was imposed vide Finance Act 2018 on import of expensive
mobile handsets to support the local industry.
4.3.3 Receipts of Islamabad Capital Territory Administration
4.3.3.1 There are a number of levies and fee which are collected by the ICT Administration.
These receipts are collected under various laws, however the said laws were not revised since
lapse of considerable time. Therefore, through Finance Act, 2019, all these laws were revised
through a consultative process and in a structured manner.Page 17
4.3.4 Airport Fee
4.3.4.1 Civil Aviation Authority collects Airport Fee from domestic passengers for various
services offered at the airports at rates notified by the Government from time to time. The Airline
companies charge Airport Tax at the time of preparation of Air Ticket and deposit the same in the
Federal treasury.
4.3.4.2 Budget and Revised Estimates for Fiscal Year 2021-22 and Budget Estimates for 2022-
23 on account of Levies and Fees are tabulated here under.
TABLE 7
Levies and Fees
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
B013,14, (A) Receipts of Islamabad Capital
16,26-30 Territory Administration 20,452.572 21,838.420 25,098.480
B013 Fee for Registration of documents 2,000.000 425.000 425.000
B014 Land Revenue (Mutation Fee) 3,000.000 5,800.000 6,000.000
Professional Trade
B016 300.000 130.000 140.000
& Callings
B02601
Provincial Excise 300.000 180.000 200.000
to 2628
B02701
Stamp Duties 4,000.000 5,000.000 6,000.000
to 2735
B02801 Motor Vehicles registration fee 7,000.000 6,500.000 8,000.000
B02802 Motor Vehicles Annual Token Fee & etc 3,500.000 3,500.000 4,000.000
B02812 Vehicles Route Permit Fee 2.000 - -
B03021 Education Cess 0.022 0.020 0.030
B03052 Tobacco License Fee 0.550 0.400 0.450
B03053 Real Estate/M.V Dealer License Fee 50.000 3.000 3.000
B03056 Bed Charges on Hotels 300.000 300.000 330.000
B03087 (B) Mobile Handset Levy 9,000.000 8,000.000 10,000.000
B03064 (C) Airport Fee 50.000 50.000 53.000
Total Levies and Fees (A+B+C) 29,502.572 29,888.420 35,151.480
4.4 Income from Property and Enterprise
4.4.1 Income from Property & Enterprise comprises profits of earned by state regulatory
authorities, Mark-up receipts on loans extended to provinces, AJK, Public Sector Enterprises,
Local bodies, etc and dividend paid on Federal government's investment in the share capital of
financial institutions and commercial enterprises.Page 18
4.4.2 Surplus Profit of PTA and Other Government Authorities
4.4.2.1 Profits earned by the Regulatory Authorities i.e PTA, NEPRA, SECP, PNRA, PEMRA
and OGRA by way of levy of fees, charges, penalties etc after setting of their authorized
expenses is deposited in the Federal Consolidated Fund. Budget Estimates 2021-22, Revised
Budget Estimates 2021-22 and Budget Estimates 2022-23 are given as under:-
TABLE 8
Surplus of Govt Authorities
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
A Lisnce Renawal Fee 49,436.000 103,500.000 59,000.000
C01008 PTA1 PTA (4G/5G) 45,436.000 100,000.000 50,000.000
C01012 PTA2 PTA Surplus 4,000.000 3,500.000 9,000.000
B Surplus +Profit 508.000 570.675 695.000
C01012 NEPRA NEPRA (Surplus) 50.000 35.000 50.000
C01012 SECP SECP (Surplus) 35.000 32.000 35.000
C01012 PNRA PNRA (Fines) 2.000 2.675 3.000
C01012 PEMRA PEMRA (Surplus) 6.000 6.000 7.000
C01012 OGRA OGRA (Surplus+Fines) 415.000 495.000 600.000
TOTAL 49,944.000 104,070.675 59,695.000
4.4.2.2 A brief description of functions and sources of receipts of the above regulatory
authorities is given as under:-
4.4.3 National Electric Power Regulatory Authority (NEPRA) is mandated to develop and
pursue a Regulatory Framework, which ensures the provision of safe, reliable, efficient and
affordable electric power to the electricity consumers of Pakistan.It facilitate the transition from a
protected monopoly service structure to a competitive environment and maintaining a balance
between the interests of the consumers and service providers in unison with the broad economic
and social policy objectives of the Government of Pakistan. In order to ensure effective regulatory
functions, NEPRA charges different fees at rates notified from time to time for Application &
Modification Generation License Fee, Application & Modification Transmission License Fee,
Application& Modification Distribution License Fee, Application for the Approval of Competitive
Bidding. Besides, NEPRA upfront tariff is also levied like Fees Pertaining to Tariff Standards and
Procedures Regulations 2002 i.e Generation Licenses, Transmission Licenses, Distribution
Licenses, Consumers, etc.
4.4.4 Pakistan Nuclear Regulatory Authority (PNRA) is entrusted with the responsibility to
control, regulate and supervise all matters related to nuclear safety and radiation protection in
Pakistan. It charges Licensing Fee as approved from time to time from nuclear facilities,
radiotherapy and nuclear cardiology centres etc.Page 19
4.4.5 Pakistan Electronic Media Regulatory Authority (PEMRA) is required to improve the standards of information, education and entertainment, to facilitate the devolution of responsibility and power to the grass roots by improving the access of the people to mass media at the local and community level and ensure accountability, transparency and good governance by optimization the free flow of information. PEMRA charges Licensing Fee on prescribed rates for FM Radio, Satellite T.V, MMDS, IPTV, Cable TV, DTH, Landing Rights, Temporary Uplinking and Mobile TV. 4.4.6 Oil and Gas Regulatory Authority (OGRA) has been set up under the Oil and Gas Regulatory Authority Ordinance dated 28th March 2002 to foster competition, increase private investment and ownership in the midstream and downstream petroleum industry, protect the public interest while respecting individual rights and provide effective and efficient regulations. In order to implement regulatory framework, OGRA issues Licences to oil marketing companies, gas distribution networks, fertilizer manufacturing plant etc and charge fees for the services. It also carries out inspections of oil and gas distribution networks and imposes penalties. 4.4.7 Pakistan Telecommunication Authority (PTA) is mandated to regulate the establishment, operation and maintenance of telecommunication systems and provision of telecommunication services in Pakistan, to dispose of applications for the use of radio-frequency spectrum, to promote and protect the interests of users of telecommunication services in Pakistan, to promote the availability of a wide range of high quality, efficient, cost effective and competitive telecommunication services throughout Pakistan, to promote rapid modernization of telecommunication systems and telecommunication services, to investigate and adjudicate on complaints and other claims made against licensees arising out of alleged contraventions of the provisions of the Act, the rules made and licenses issued there under and take action accordingly. PTA receives fees for issuance and renewal of various telecom licenses. It also imposed fines, penalties for violations. 4.4.8 Mark Up Receipts 4.4.8.1 Federal Government advances loans to Provinces, Government of Azad Jammu & Kashmir, Public Sector Enterprises, Local Bodies and others to assist them in carrying out their development programmes and social initiatives. These loans and advances are of two types, namely, Cash Development Loans, and Foreign Re-lent Loans. The former is advanced by the Federal Government out of its own resources whereas the latter is relent loans. 4.4.8.2 Mark up accrued on the loans granted by the Federal Government to provincial governments, local bodies, financial institutions, non-financial institutions, commercial departments and government servants is reflected in this section. The mark up is chargeable in accordance with the terms and conditions of each loan agreement.
Page 20
4.4.8.3 Unless specified otherwise, every loan other than foreign loan advanced by the Federal
Government to the provincial governments is repayable over a period of 25 years. Moratorium of
5 years is allowed on recovery of principal. Simple mark up is realized at a rate yearly
determined by the Finance Division, as per actual borrowing cost of the Federal Government.
4.4.2.4 Federal Government also advances loans to the Government servants for house
building and for the purchase of transport etc. These advances are governed by the rules as
specified by Finance Division from time to time.
TABLE 9
Mark Up Receipts
(Provinces)
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
Punjab 13,806.784 16,755.277 20,087.632
C01201 Mark-up Cash Loans 566.021 566.021 399.373
C01205 Mark-up Foreign Loans 13,240.763 16,189.256 19,688.259
Sindh 19,260.718 15,537.354 13,226.221
C01202 Mark-up Cash Loans 13,295.303 8,295.302 4,217.435
C01206 Mark-up Foreign Loans 5,965.415 7,242.052 9,008.786
Khyber Pakhtunkhwa 1,839.267 2,782.696 5,656.883
C01203 Mark-up Cash Loans - - -
C01207 Mark-up Foreign Loans 1,839.267 2,782.696 5,656.883
Balochistan 625.575 675.247 681.754
C01204 Mark-up Cash Loans 167.134 167.134 165.823
C01208 Mark-up Foreign Loans 458.441 508.113 515.931
Total 35,532.344 35,750.574 39,652.490
Loan-Wise Break Up
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
Mark Up - Cash Loans 14,028.458 9,028.457 4,782.631
C01201 Punjab 566.021 566.021 399.373
C01202 Sindh 13,295.303 8,295.302 4,217.435
C01203 Khyber Pakhtukhwa - - -
C01204 Balochistan 167.134 167.134 165.823
Mark Up - Foreign Loans 21,503.886 26,722.117 34,869.859
C01205 Punjab 13,240.763 16,189.256 19,688.259
C01206 Sindh 5,965.415 7,242.052 9,008.786
C01207 Khyber Pakhtoonkhwa 1,839.267 2,782.696 5,656.883
C01208 Balochistan 458.441 508.113 515.931
Total - Loans 35,532.344 35,750.574 39,652.490Page 21
TABLE 10
Mark Up Receipts (Local Bodies)
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C013 Mark Up - Cash Loans 61,931.177 63,046.973 69,120.417
C01399 P.B.C. 178.888 184.176 175.882
C01399 NHA 44,107.558 44,107.558 49,467.970
C01399 PIA 6,713.541 8,182.265 8,613.110
C01399 CDA 341.462 341.462 332.327
C01399 Pakistan Machine Tool Factory 186.085 51.500 51.500
C01399 State Engineering Corporation 19.161 20.780 21.440
C01399 Heavy Mechanical Complex Taxila 34.800 38.425 44.341
C01399 Lahore Garment City Lahore 56.694 56.694 54.544
C01399 Pakistan Engineering Company 185.956 185.956 184.443
C01399 Printing Corporation of Pakistan 72.232 72.232 60.085
C01399 Pakistan Steel Mil 10,034.800 9,805.925 10,114.775
C013 Mark Up - Foreign Loans 64,584.956 66,405.312 64,577.902
C01399 GIK Institute 0.777 0.533 0.490
C01311 Karachi Port Trust 1,122.742 1,279.474 1,280.379
C01324 P.A.E.C (Chashma Nuclear Power Plant) 6,717.927 7,303.416 6,836.261
C01399 S.K.M.T 1.504 0.899 0.805
C01399 CDA
C01330 NHA 53,494.377 54,573.361 53,338.573
C01399 PPAF 61.416 61.416 52.231
C01399 NEPRA 1.967 1.967 1.907
C01399 TEVTA 18.397 18.397 14.892
C01399 ERRA - - -
C01399 OGRA 2.243 2.243 2.175
C01322 SSGC 1.105 1.105 1.030
C01399 Gwadar Port Authority 688.752 688.752 688.752
C01399 SUPARCO 2,195.362 2,195.362 2,103.251
C01399 Special Communication Organization 278.387 278.387 257.156
C013 Total - Local Bodies 126,516.133 129,452.285 133,698.319Page 22
TABLE 11
Mark Up Receipts
(Financial Institutions)
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C014 Mark up - Foreign Loans 531.323 575.572 577.142
C01401 IDBP IDBP 11.139 11.139 6.565
C01411 PMRC Pakistan Mortage Refinance Co Ltd (PMRC) 520.184 564.433 570.577
Total Mark up
531.323 575.572 577.142
(Financial Institutions)
TABLE 12
Mark Up Receipts
(Non-Financial Institutions)
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
Power Sector
C015 Mark-up Cash Loans 14,531.456 14,892.654 14,716.292
C01501 WPDW WAPDA (water wing) 1,041.356 1,049.150 1,044.701
C01502 WPDP WAPDA (power wing) 8,832.777 8,832.777 8,619.685
C01599 TSCO TESCO 13.309 13.309 9.905
C0150A QSCO QESCO 872.711 822.834 899.312
C01599 MPCO MEPCO 95.278 95.278 92.961
C0150B GNC1 GENCO-I 12.400 253.981 249.212
C0150B GNC2 GENCO-II 954.697 954.697 924.934
C0150B GNC3 GENCO- 219.711 219.711 204.004
IIII
C0150B GNC4 GENCO- 1.269 25.173 52.279
IV
C0150C NTDC NTDC 115.562 145.502 167.960
C01599 NJHP NJHP 2,243.438 2,243.438 2,186.517
C01730 PESCO PESCO 128.948 236.804 264.822
Mark up-Foreign Loans 24,676.612 29,049.821 25,443.292
C01517 WPDP WAPDA (Power Wing) 8,148.000 9,416.691 8,973.390
C01516 WPDW WAPDA (water wing) - - -
C01599 JPCL Jamshoro Power Company Ltd - - 97.088
C01599 LSCO LESCO 379.343 379.343 320.686
C01599 NTDC NTDC 4,165.431 4,631.599 5,221.538
Contd….Page 23
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C01599 ISCO IESCO 511.849 512.087 433.876
C01599 HSCO HESCO 414.901 414.901 351.746
C01599 PSCO PESCO 360.935 362.011 323.844
C01599 QSCO QESCO 689.979 689.979 629.959
C01599 GPCO GEPCO 278.812 2,915.848 499.354
C01599 FSCO FESCO 336.793 336.793 302.665
C01599 MPCO MEPCO 632.720 632.720 548.385
C01599 PPCO PEPCO 54.411 54.411 51.585
C01599 NJHP NJHP 8,703.438 8,703.438 7,689.176
Total - Power Sector (A) 39,208.068 43,942.475 40,159.584
Autonomous Bodies/Corporations
Mark up Foreign Loans 292.683 292.873 224.770
C01527 PAKR Pakistan Railways 289.225 289.415 222.376
C01599 KFHA Korangi Fish Harbour Authority 3.458 3.458 2.394
Total - Autonomous Bodies/Corporations 292.683 292.873 224.770
(B)
Total Non-Financial Institutions (A+B) 39,500.751 44,235.348 40,384.354
C016 Government Servants
C01605 FGCG Cantt/Garrison Educational Institutions 2.814 2.908 3.054
C01605 AGP1 Office of the AGPR, Isb 132.298 157.446 190.510
C01605 AGLO AGPR sub-office, Lahore 37.808 36.020 43.585
C01605 AGKA AGPR sub-office, Karachi 19.997 18.179 36.384
C01605 AGPR AGPR sub-office, Peshawar 9.572 8.419 8.840
C01605 AGQA AGPR sub-office, Quetta 1.398 1.755 1.850
C01605 AGGL AGPR sub-office, Gilgit 18.380 18.380 19.115
C01605 MOD2 Defence 10.992 13.944 14.082
C01605 PPOD Pakistan Post Office Deptt 5.700 3.758 6.100
C01605 PWD1 Pak PWD 0.904 1.245 1.325
C01605 MINT Pakistan Mint 0.494 0.639 0.559
C01605 CAOF CAO (Ministry of Foreign Affairs) 2.226 1.421 1.563
C01605 CDNS Central Dte of National Savings 4.263 4.960 4.929
C01605 GSOP Geological Survey of Pakistan 2.218 1.354 2.772
C01605 SCO Special Communication Organization - - -
C01605 NTF1 National Tariff Commission 0.140 0.154 0.170
Total Government Servants 249.204 270.582 334.838
Contd…Page 24
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C017 AJK & Others
Mark up - Cash Loans 9,178.788 8,868.637 8,714.530
Ways & Means Advances to Provinces,AJK/
- 127.290 -
Special Areas
C01701 Government of AJ&K 9,177.838 8,740.483 8,713.590
C01730 PNRA 0.950 0.864 0.940
Mark up - Foreign Loans 369.456 640.866 429.183
C01702 Government of AJ&K 327.383 581.563 359.358
C01709 Government of GB 42.073 59.303 69.825
Mark up - Other Loans 268.953 249.073 216.800
C01799 Guarantee Fee on Foreign Loans (EAD) 268.953 249.073 216.800
Total (AJK & Others) 9,817.197 9,758.576 9,360.513
C01801 Commercial Departments
C01801 Pakistan Post Office Deptt 25.000 20.000 20.000
Total (Commercial Deptts) 25.000 20.000 20.000
Total Mark up Cash Loans (PSEs &
85,890.625 87,078.846 92,886.077
Others)
Total Mark up Foreign Loans (PSEs &
90,748.983 97,233.517 91,489.089
Others)
C01823 Mark up (others) 41,000.000 70,000.000 75,000.000
Total Mark up (PSEs & Others) 217,639.608 254,312.363 259,375.166
Estimated Shortfall 127,639.608 164,312.363 159,375.166
Net Total (PSEs & Others) 90,000.000 90,000.000 100,000.000
Total Provinces 35,532.344 35,750.574 39,652.490
Grand Total (Mark-up) 125,532.344 125,750.574 139,652.490
4.4.9 Dividend on Government Investments
4.4.9.1 Dividends represent return on Federal Government's investment in the share capital of
financial institutions and commercial enterprises. The receipt of dividend varies from year to year
depending upon profits earned each year by these bodies and declaration of dividends on share
capital.Page 25
4.4.9.2 The details of the estimates are given in table below:
TABLE 13
DIVIDEND
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C01901 Financial Institutions (A) 835.000 1,347.000 1,605.000
C01901 NIT1 National Investment Trust 300.000 250.000 300.000
C01901 NBP1 NBP 45.000 45.000 45.000
C01901 POIC Pak Oman Investment Co 190.000 184.500 200.000
C01901 PBI1 Pak Brunie Investment 150.000 150.000 200.000
C01901 PIJI Pak Iran Joint Investment 150.000 75.000 150.000
C01901 PKIC Pak-Kuwait Investment Co (Private) Ltd - 550.000 600.000
C01901 SPIAI Saudi Pak Industrial & Agricultural Investment - 82.500 100.000
C01901 SBP State Bank of Pakistan - 10.000 10.000
C01902 Non-Financial Institutions (B) 89,528.000 68,910.100 78,695.000
C01902 PPL1 Pakistan Petroleum Limited 15,000.000 11,429.020 8,000.000
C01902 MGCL Mari Gas Company Limited 110.000 3,360.160 4,000.000
C01902 PSO1 Pakistan State Oil 1,000.000 1,055.040 2,500.000
C01902 PARL Pak Arab Refinery 5,000.000 6,136.200 10,000.000
C01902 SNGP SNGPL 2,000.000 1,205.590 2,000.000
C01902 GHPL GHPL 5,000.000 5,000.000 8,000.000
C01902 OGDC OGDCL 56,500.000 35,000.000 36,500.000
C01902 PMDC PMDC 120.000 120.000 200.000
C01902 SLIC SLIC 1,000.000 1,700.000 2,000.000
C01902 NIC1 NIC 500.000 500.000 700.000
C01902 PRC Pak Re-Insurance Corporation 500.000 306.000 700.000
C01902 FFCL Fauji Fertilizer Co.Ltd 80.000 98.410 120.000
C01902 PSL1 Pakistan Services Ltd 6.000 6.000 6.000
C01902 PIDC PIDC 80.000 50.000 80.000
C01902 NSC1 National Shipping Corp 250.000 346.900 400.000
C01902 NPAK NESPAK 80.000 80.000 80.000
C01902 PTCL PTCL 1,500.000 1,500.000 2,000.000
C01902 NFC1 NFC 100.000 100.000 200.000
C01902 NTDC NTDC 500.000 463.760 600.000
C01902 TCP Trading Corporation of Pakistan 200.000 200.000 300.000
C01902 TPS1 Tourism Promotion Services 2.000 2.150 3.000
C01902 PERAC PERAC - 4.490 6.000
C01902 PASCO PASCO - 246.380 300.000
Total - Dividends (A+B) 90,363.000 70,257.100 80,300.000Page 26
4.5 Receipts from Civil Administration and Other Functions
4.5.1 General Administration Receipts
4.5.1.1 Organs of State
4.5.1.1.1 These receipts are realized on account of fees received from the candidates
appearing in various competitive examinations conducted by Federal Public Service Commission
(FPSC), tuition fees charged by the Pakistan Forest Institute etc. However, the major portion of
receipts under this head come from FPSC. Estimates of receipts on this account are given below:
TABLE 14
Receipt from Civil Adminstration- Organs of State
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C021 Receipt from Civil Adminstration 250.223 250.000 300.000
C021 Organs of State
C02101 FPS1 Federal Public Service Commission 250.000 250.000 300.000
C02155 SEC9 SAFRON (Recovery of over Payments) 0.123 - -
C02153 SEC9 SAFRON (PWD) 0.100 - -
4.5.1.2 Fiscal Administration
4.5.1.2.1 Audit Fees
The department of the Auditor General of Pakistan charges fees from autonomous bodies/
corporations, etc, which do not fall within its normal audit jurisdiction, for auditing their accounts.
This fee is deposited in the government account.
4.5.1.2.2 State Bank of Pakistan Receipts
The surplus profit of the State Bank of Pakistan, after making usual provision for reserve funds is
transferred to the Federal Government in the light of Section 42 SBP (Amendment) Act,2022.
The State Bank also pays dividend on the share capital of the Federal Government. The value of
coins that are minted and put in circulation in one year are also deposited by the State Bank in
Government Account.
4.5.1.2.3 Pakistan Mint Receipts
The Pakistan Mint's receipts are mainly from the disposal of dross & scrap and from minting of
medals for defence services, sports and academic institutions etc.Page 27
4.5.1.2.4 Pension and Gratuity Contribution
These receipts pertain to pension and gratuity contributions by the borrowing departments in
respect of officials serving on deputation basis with them.The estimates of receipts from fiscal
administration are given below:
TABLE 15
General Administration Receipt - Fiscal Adminstration
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C022 General Admn. Receipts - Fiscal Admn 652,613.000 476,559.086 305,069.112
C022 Fiscal Administration - Audit
C02204 AGP1 Receipts of AGP office (Audit Other) 20.000 0.520 0.536
Tender Fee(Collection of Payment for
C02205 25.000 0.326 0.336
Service rendered)
C02206 Audit Other 3.000 0.240 0.240
C022 Fiscal Administration - Currency
C02211 SBP1 State Bank of Pakistan Profit 650,000.000 474,000.000 300,000.000
C02227 SBP1 Penalty imposed by SBP on NBP 15.000 - -
C022 Fiscal Administration - Mint
C02233 MINT Pakistan Mint (Assay Account) 50.000 50.000 60.000
Fiscal Administration in Aid of
C022
Superannuation
C02241 Contribution of Pension (CGA) - 8.000 8.000
C02241 AGPR Contribution of Pension and gratuities (AGPR) 2,500.000 2,500.000 5,000.000
4.5.1.3 Economic Regulations
4.5.1.3.1 The receipts on this account largely comprise insurance fees realized under
Insurance Act, 1989. The estimates are given below:
TABLE 16
General Administration Receipt - Economic Regulations
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C023 Economic Regulations 4,150.000 4,130.000 8,150.000
Trade Mark Reg Fee & Other Misc
C02301 150.000 130.000 150.000
Receipts
Fees realized under Insurance Act 1938/
C02302 SECP1 2,500.000 2,500.000 5,000.000 (SECP)
C02308 TDAP Anti Dumping Duties Fee & Tariff Protection F 1,500.000 1,500.000 3,000.000Page 28
TABLE 17
General Administration Receipt Economic Statistics
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C024 General Admn. Statistics 100.870 102.550 101.500
C02401 PBSS Sale of Census Publication (Planning) 0.870 2.550 1.500
C02470 PBSS Sale of data Misc. Receipts (Others) (Planning 100.000 100.000 100.000
Total Gen Admn (Excl SBP Profit) 7,114.093 7,041.636 13,620.612
4.5.2 Defence Services Receipts
4.5.2.1 These receipts are realized mainly on account of dues from civil agencies, sale &
auction of obsolete stores and charges realized on account of use of army aviation facilities,
hospital stoppages roll and receipt of Govt. share out of the fees paid by civil patients treated in
Military Hospitals etc.
4.5.2.2 The estimates of defence receipts are given below :
TABLE 18
Defence Services Receipts
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C025 Defence Services Effective 20,273.552 20,084.693 30,222.297
C02520 MODS Effective (MOD+Defence Production Div) 18,740.471 18,811.990 28,758.788
C02520 CMHH Hospital Stoppage (Defence Div) 1,533.081 1,272.703 1,463.509
4.5.3 Law and Order Receipts
4.5.3.1 These receipts represent the proceeds from fines imposed by Insurance Appellate
Tribunals, Federal Service Tribunals, Income Tax Tribunals, Drug Courts and Special Judges
under the administrative control of Law and Justice Division. These also include fines, fees and
recoveries of the Supreme Court of Pakistan, Civil Armed Forces and frontier watch & ward. The
fees realized on account of issuance and renewal of arms licenses by the Ministry of Interior are
also reflected under this classification.Page 29
4.5.3.2 The estimates of receipts from law and order are given as under;
TABLE 19
Law and Order Receipts
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C026 Law and Order Receipts 2,694.958 2,958.294 3,849.636
C026 Justice
Court fee/copying fee & fine (Justice Law
C02602 LAW 350.000 200.000 270.000
Courts)
C02610 Recoveries of overpayments (SCP) 75.000 2.000 3.000
C02613 Others (SCP) 10.000 2.630 3.000
Cost of service/copying fee FST (Law &
C02669 LAW 10.000 - - Justice)
C026 Frontier Watch and Ward
Frontier Constabulary & Militia Receipts
C02621 MOI1 300.000 207.000 217.000
(MOI)
C02624 Recoveries of overpayments (CAF) 300.000 212.452 50.000
C02625 Others 6.300 3.950 5.525
C02635 MOI1 Receipts under Arms Act (MOI) 220.000 109.551 175.000
C02636 AGP Fees fines and forfeitures (AGP) - 0.002 0.002
C02637 OCCI Receipts of Motor Driving Licenses (ICT) 600.000 1,200.000 1,800.000
C02638 OCCI Traffic Fines (ICT) 500.000 1,000.000 1,300.000
C02640 Recoveries of Over Payments - 0.009 0.009
C02641 Collection of Payment for S/Rendered 8.400 8.500 9.100
C02647 CAF1 Fines and Penalties (CAF, Interior) 100.000 2.000 3.000
C02648 CAF1 Recoveries of Over Payments (CAF, Interior) 200.000 3.900 5.000
C02650 Others 15.258 6.300 9.000Page 30
4.5.4 Community Services Receipts
4.5.4.1 The receipts under community services comprise of rent of government buildings, land,
guest houses, hostels and sale proceeds of material of demolished buildings. These receipts are
realized by Housing and Works Division, Overseas Pakistanis Division, Kashmir Affairs and Gilgit
Baltistan Division and Interior Division (Frontier Corps). The receipts realized by Survey of
Pakistan for its services and supply of maps are also included here. Details of the estimates are
given below:-
TABLE 20
Community Services Receipts
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C027 Community Services Receipts 2,537.503 2,990.161 3,847.481
C027 Works- Building
C02701 Building Rent (ICT) 70.000 70.000 70.500
C02701 Building Rent (CGA) 6.000 4.000 6.000
Rent of Govt Buildings realized by Estate
C02701 HOUS 1,000.000 1,000.000 1,200.000
Office
C02701 HOUS Housing & Works (Ground Rent Section) 450.000 100.000 180.000
Building Rent (Pak. Met. Deptt. Ibd) (Aviation
C02701 PMD2 0.400 0.150 0.200
Division)
C02701 AGP1 Recovery of Building Rent (AGP) 4.994 5.412 5.828
C02701 PAEC Building Rent of PAEC (Hostel Charges) 45.000 21.384 27.000
Collection of Payment for Services
C02705 PMD2 1.000 0.050 0.100 Rendered. (Aviation Division)
C02706 PMD2 Others - (Pak. Met. Deptt. Ibd) (Aviation Div) 1.000 1.000 1.000
Other Receipts of Pak. PWD (including
C02706 HOUS 659.350 1,642.000 2,200.000 GRS)
C02706 Miscellaneous Receipts 100.000 - -
C027 Works - Communication
C02701 HOUS Rent of Govt Buildings realized by PWD 80.000 100.000 100.000
C02714 Recoveries of overpayments (AGP) 0.009 0.015 0.553
Others- CTTI - Hostel Charges/Fees (Comm.
C02716 CMTC 7.500 7.500 8.700
Div.)
C027 Public Health
C02721 Sale proceeds of sera and vaccines 2.600 2.950 4.000
Collection of payments for services
C02725 7.150 7.000 10.000
rendered
C027 Science Research and Survey
Scientific Research and Survey (Survey of
C02731 SOP1 100.000 25.000 30.000
Pakistan) (Defence Div)
Other - Met. Data Sale Charges, Lahore,
C02734 PMD2 2.500 3.700 3.600
Karachi (Aviation Div.)Page 31
4.5.5 Social Services Receipts
4.5.5.1 The receipts under this head are realized on account of fees charged from students of the
educational institutions of various Ministries and Defence Division. The entry fee for historical
places and archeological sites is collected by National History and Literary Heritage Division.
The charges for medical services are realized by the Federal Government hospitals and health
establishments, and tuition/training fee realized by Oversease Pakistanis and Human Resources
Development Division. The estimates are given in the following table;
TABLE 21
Social Services Receipt
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C028 Social Services 582.927 570.980 1,004.205
Education Fees from Schools & Colleges
C02818 150.000 200.000 300.000
(MoFE&TT)
Education Fees from Schools and Colleges
C02818 120.000 150.000 200.000 (MOD)
C02818 Education Others NAP (Cabinet Division) 0.030 0.030 0.030
National Library of Pakistan (Heritage
C02824 1.500 1.500 1.500 Division)
Health
C02825 Hospital Receipts (NHSR & C) 10.000 2.600 -
C02826 Health - Recoveries of Diet Charges 8.000 1.000 -
C02827 Health - Rooms Rent 40.000 9.000 -
C02828 H.Govt.share fees realized by doctors from pa 250.000 200.000 500.000
C02860 OCCI Sale of Vaccination (ICT/MoNHSRC) 1.775 6.000 1.775
Receipts of Health Establishments
C02871 0.850 0.850 0.900
(MoNHSRC)
C02871 Miscellaneous Receipts 0.200 - -
Health Hospital Receipts of Federal Govt
C02875 0.572 - - Hospitals (MoNHSRC)Page 32
4.5.6 Social Services Misc Receipts
4.5.6.1 Under Social Services Miscellaneous Head, the Emigration Fee deposited by Pakistani
Workers working abroad in terms of Emigration Ordinance, 1979 are reflected. The receipts of
Human Resource Development Division on account of registration of overseas employment
agencies and deposits by individuals for protection of their visas are also deposited under this
head. Moreover, the fee for registration of trade union and West Pakistan Ordinance, 1969 are
also reflected under this Head of Account. The details are given in the following table.
TABLE 22
Social Services Miscellanenous Receipts
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C029 Social Services Miscelaneous 902.000 1,000.100 1,500.100
Receipts under West Pakistan Ordinance
C02905 OCCI 2.000 0.100 0.100 1969 (ICT)
Registration and other fees Pakistanis
C02906 BEO1 working Abroad (Imigration Fee, BoI & 900.000 1,000.000 1,500.000
Overseas) M/o Overseas Pak.
4.6 Miscellaneous Receipts
4.6.1 Miscellaneous receipts comprise OF (i) Economic Services Receipts, and (ii) Other
Receipts. A brief description of these receipts are given in the following paragraphs.
4.6.2 Economic Services Receipts
4.6.2.1 Agricultural Receipts
4.6.2.1.1 These receipts are realized on account of quarantine fee on animal exports/imports
by National Food Security and Research Division.
4.6.2.1.2 The receipts under Economic Services Head mostly comprise of Food Department,
Agriculture Receipts and Farms Receipts collected by Islamabad Capital Territory. The details
are as under:-
TABLE 23
Economic Services Receipts - Food & Agriculture (Miscellanenous Receipts)
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C031 Food & Agriculture 1,081.430 1,221.617 2,523.760
C031 Food
C03101 OCCI Food Department (ICT) 0.100 0.310 0.300
C03102 Recoveries of Overpayments
Contd….Page 33
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C03103 OCCI Services Rendered (ICT) 0.030 0.025 -
C031 Agriculture Receipts
C03116 OCCI Agriculture Receipts (ICT) 0.100 0.100 0.100
C03123 DPPK Plant Protection services (NFS&R) 1,000.000 1,200.000 2,500.000
Receipts from soil conservation & Operations
C03124 OCCI 1.200 0.242 1.300
(ICT)
C03138 Registration Fee ( FSC & RD ) 30.000 4.430 6.000
C03139 Enlisting Fee ( FSC & RD ) 35.000 10.000 15.000
C03140 Renewal Fee (FSC &RD ) 5.000 6.000 0.500
C03142 Receipts from Plant Breeders Right - 0.510 0.560
C03199 Miscellaneous Receipts 10.000 - -
4.6.2.1.3 The receipts of Economic Services - Fisheries,Animal Husbandry,Livestock and Diary
Development in Federal capital territory are collected by Islamabad Capital Territory
Administration are reflected in the table given below:
TABLE 24
Economic Services Receipts-Fisheries & Animal Husbandry
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C032 Fisheries & Animal Husbandry 399.143 545.160 683.660
C032 Fisheries
C03201 OCCI Ordinary Receipts (Fisheries) - ICT 22.000 26.000 5.500
Receipts of Marine Fisheries Department
C03201 100.000 44.000 50.000 (MoMA)
Receipts of Pakistan Maritime Security
C03205 50.000 50.000 100.000
Agency (MOD)
C032 Animal Husbandry
C03227 OCCI Insemination Fees (ICT) 0.160 0.160 0.160
Receipts of Animal Quarantine Deptt
C03231 AQD4 200.000 400.000 500.000 (NFS&R)
Others- Income from RVMP, Registration of
C03231 Animal Husbandary Graduates, Students, 26.983 25.000 28.000
Faculty Registration, Inspection Fee (PVMC)Page 34
TABLE 25
Economic Services Receipts-Forest
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C033 Economic Services Receipts - Forest 0.300 - -
C03370 Other Receipts (ICT) 0.300 - -
TABLE 26
Economic Services Receipts-Cooperation Irrigation, Embankment
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
Economic Service Receipt- Cooperation 1.000 1.000 1.000
C034 Irrigation, Embankment, Drainage
C03406 Others - Miscellaneous Receipts (ICT) 1.000 1.000 1.000
4.6.2.1.4 The receipts of Explosive Department are charged for industrial safety. The Ports &
Shipping Department Receipt on account of management and upkeep of port/landing charges.
4.5.2.1.5 Receipts from Cabinet Division
4.6.2.5.1 The sale proceeds of government publications and stationery by the Controller of
Forms and Stationery realized from various government departments/agencies are reflected
under this head.
4.6.2.6 Receipts from Explosive Department
4.6.2.6.1 Receipts under this head pertain to the fee charged by the Department of Explosives
for granting licenses to the firms dealing in explosives.Page 35
4.6.2.7 Receipts from Lighthouses and Lightships
4.6.2.7.1 These receipts comprise of (i) examination fee, survey and registration fees realized by
the Mercantile Marine Department, Karachi, (ii) cargo shipping and discharging fees from the
shipping companies, (iii) fines realized from seamen for offences committed by them, (iv) fees
realized from cadets under training in the Mercantile Marine Academy, Karachi, Seamen's
Training Centre, Karachi and (v) Lighthouse dues realized from the shipping companies operating
on the coasts of Pakistan. These receipts are shown under transportation and communication
heads.
TABLE 27
Economic Services Receipts-Others
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C035 Economic Services Receipts- Others 1,498.200 18,201.850 22,762.350
C035 Industrial and Mineral Resources
C03506 DOE1 D/O Explosive (M/o Petroleum Division) 800.000 1,500.000 2,000.000
C03518 PAEC Cost of tender documents(PAEC) 3.000 3.500 3.600
Excise Duty on Minerals under Partnership
C03545 OCCI 0.700 0.700 0.750 Act (ICT)
Survey Fees - Mercantile Marine
C03560 60.000 45.000 60.000
Department, Karachi (MoMA)
Mercantile Marine Department, Gawadar
C03561 2.000 0.150 1.000
(MoMA)
C03561 Fees for the Engagement and Discharges - Se 25.000 20.000 25.000
C03565 Pakistan Marine Academy Karachi 7.500 7.500 8.000
C03571 Light Dues- Lighthouses & Light Ships (MoMA 600.000 1,000.000 2,000.000
Pakistan Post Office
C03581 Post Office Mail Operation - 5,000.000 6,000.000
C03582 Others (Post Office Receipts) - 311.000 338.000
C03586 C0mmision on Money Transfer - 314.000 326.000
C03587 Net Receipts from Other Postal Administration - 1,000.000 2,000.000
C03588 Agency Receipts - 9,000.000 10,000.000
TABLE 28
Foreign Grants
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C036 Grants 20,000.000 20,000.000 25,000.000
Foreign Grants- Dev. Grants from
C03601 20,000.000 20,000.000 25,000.000
Foreign Govt.Page 36
4.6.3 Other Receipts
4.6.3.1 These receipts are realized by different Ministries, Divisions and Departments. The
brief introduction of the main regular receipts under this head is given as under with a relevant
statistics in tables 29-30;
4.6.3.2 Receipts From UN, Staff Welfare and Accreditation
4.6.3.2.1 The major portion of receipts comes from United Nations in lieu of services rendered
by Pakistani troops taking part in various peacekeeping operations worldwide. The other receipts
are generated by various staff welfare initiatives and accreditation services. Budget Estimates are
given as under;
TABLE 29
Extraordinary Receipts
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C037 Receipts 48,004.403 35,467.840 45,650.909
C037 Extra Ordinary Receipts
C03707 PAEC Cost of ID/Penalities (PAEC) 0.200 0.100 0.110
C037 Other Recipts
Others- Receipts from UN (Military) M/o
C03725 MOI1 46,772.000 34,702.035 44,520.228
Defence
C03725 MOI2 Others- Receipts from UN (Civil) M/o Interior 587.643 587.643 500.000
C03727 AGP1 Recovery of Monetized Value (AGP) 0.560 0.562 0.571
Receipts of Staff Welfare Organization (Estb.
C03743 SWO1 32.000 14.500 15.000 Div)
Pak. National Accreditation Council (M/o
C03744 PANC 12.000 13.000 15.000
Science)
C03761 Surplus Profit of NADRA 200.000 50.000 200.000
C03762 Surplus Profit of Civil Aviation Authority 400.000 100.000 400.000
4.6.3.3 Citizenship, Naturalization and Passport Fees
4.6.3.3.1 These receipts are realized mainly by the Immigration & Passport Offices in Pakistan
and Pakistani Missions abroad on account of issuance, renewal and endorsement of passports
and visas.Page 37
TABLE 30
Citizenship, Naturalization, Passport and Copyright Fees
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C038 Passport Fees 35,000.000 25,000.000 35,000.000
Citizenship, Naturalization & Passport Fee
C03897 DGIP 35,000.000 25,000.000 35,000.000
(MOI)
4.6.3.4 Royalty, Pollution and Tracking Fees From Tourists
4.5.3.4.1 The royalty fee is charged from the tourists coming to Pakistan for climbing the
mountain peaks having a height of 7000 meters. Whereas, fee is charged from trackers climbing
the mountain on the established track less than the height of 7000 meters.
4.6.3.5 Receipts from Tourism Department
4.6.3.5.1 The receipts of the Tourism Department include Licenses Fee of Hotels, Restaurants
and Travel Agencies, Registration Fee of Hotels and Restaurants, Licenses Renewal fee of
Hotels, Restaurants and Travel Agencies and the Fines/Late fee of Hotels, Restaurants and
Travel Agencies within Capital Territory by Ministry of Interior.
4.6.3.6 Receipts Collected by Ministry of Foreign Affairs
4.6.3.6.1 It includes the receipts realized on the auction of vehicles, sale of used machinery
and equipment, gains on exchange against the remittances made by the Government for the
expenditure of the Pakistan's missions in various countries, recovery of overpayment made to the
Government servants posted abroad and the deduction of income tax, GP Fund, Benevolent
Fund, House Building and Motor Car Advances of the employees posted in various Pakistan's
missions abroad.
4.6.3.7 Kashmir Affairs and Gilgit Baltistan Division
4.6.3.7.1 These include the receipts from motor vehicles, forest revenues, agriculture income,
rent of buildings, electricity charges and other indirect taxes collected and deposited directly into
the Government Treasury by the administration of the Kashmir Affairs & Gilgit - Baltistan Division.
4.6.3.9 Receipts from Special Communication Organization
4.6.3.9.1 These receipts are collected by the Special Communications Organization for providing
telecommunication services in specific areas. The Special Communications Organization
primarily operates in the Azad Kashmir and Gilgit-Baltistan.Page 38
TABLE 31
Details of Other Receipts
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C038 Other Receipts 81,534.014 53,248.533 56,031.442
Civil Armed Forces (Unclaimed Deposits)
C03801 CAF1 5.189 3.654 4.050
(MOI)
C03801 Unclamed Deposits (Others) 18,000.000 - -
C03802 Sale of Stores & Material (ICT) 51.399 51.583 54.851
C03802 MSA1 Sale of stores Materials - Defence Div 1.000 0.900 1.000
C03802 PAEC Sale of Stores & Material (PAEC) 5.500 7.500 7.777
C03802 CGA Sale of Stores & Material (CGA) 0.430 0.608 0.600
C03802 MOFA Sale of Stores and Material (MoFA) 0.500 0.500 0.500
Sale publicity material & rent of
C03802 MOIB 0.150 0.300 0.400 documentaries (MOIB)
C03802 AGP1 Sale of Stores and Material (AGP) 1.000 0.936 1.023
Sale of Store and Material (ASF) Aviation
C03802 ASFH 6.885 3.690 7.000
Div.
Advance Yearly Rent for Exploration &
C03805 PETR 200.000 - - Prospecting Licensing (Petroleum Div.)
C03805 NCRD Rent, Rates & Taxes (AHK & NCRD) 2.000 1.900 2.800
C03805 MOI1 Rent, Rates & Taxes (Auqaf) - ICT 0.406 0.375 0.400
C03805 CGA Rent, Rates & Taxes (CGA) 0.680 0.415 0.200
C03805 AGP1 Rent, Rates & Taxes (AGP) 0.878 0.773 0.803
C03805 A.D Hostel Charges ( Aviation Division ) 0.100 0.100 0.200
C03805 Health Hospital Receipts (PIMS) 6.000 8.200 -
C03806 OCCI Citizenship Copyrights (ICT) 1.200 3.000 3.000
Realizations under the Monopolies &
C03807 CCP1 Restrictive (Competetion Commission of 520.292 800.000 450.000
Pakistan)
C03808 PTL Lease & License Rent,Fee 1,500.000 2,000.000 2,500.000
Receipts under Abandoned Properties Act
C0380B 35,000.000 5,200.000 11,500.000 1975
C03812 MOFA Gains on Exchange (M/o Foreign Affairs) 110.000 100.000 110.000
C03818 OCCI Fee for Registration of Societies (ICT) 0.010 0.020 0.750
C03821 DTS3 Receipts of Tourist Department (IPC Div) 22.000 13.000 22.000
Recovery of Overpayments (M/o Foreign
C03824 MOFA 25.000 35.000 40.000 Affairs)
Recoveries of Overpayment (ASF) Aviation
C03824 ASFH 0.300 0.345 0.250
Div.
Contd….Page 39
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C03824 CGA Recoveries of Overpayment (CGA). 0.420 0.076 0.150
C03824 AGP Recoveries of Overpayment (AGP). 0.430 0.595 0.591
C03825 OCCI Payment for services Rendered (ICT) 4.500 18.000 20.000
Collection of Payment for services Rendered
C03825 CGA 0.120 0.050 0.060
(CGA)
Collection of Payment for Service
C03825 Rendered,Helicopter Charges (Cabinet 1.000 2.129 1.000
Division)
C03829 PAEC Fees, Fines & Forfeitures (PAEC) 0.700 0.500 0.520
C03829 CGA1 Fees, Fines & Misc Receipts (CGA) 0.055 0.090 0.050
C03829 Fine/Forfeiters - 0.013 0.013
C03835 OCCI Arms License Fee (D.C ICT) 9.000 18.000 20.000
Airport Entry/ Tender Fees, Fines (ASF)
C03841 ASFH 3.638 3.823 3.860
Aviation Div.
C03841 Tender Fees / Misc Receipts 0.100 0.003 0.040
Sale Proceed of Darbar, Toshakhana
C03843 10.000 10.000 10.000
(Cabinet Division)
C03849 ASFH Contractor Penalty (ASF) Aviation Div. 1.000 0.050 0.100
C03850 NAB1 Recovery of National Accountability Bureau 50.000 100.000 200.000
C03853 PARC Sale of Publications (PPARC) 0.600 0.200 0.400
EIA Review (Pak. Environmental Protection
C03855 PEP2 1.800 1.800 2.000 Agency)
Others - National Academy of Performing
C03870 Arts (NAPA) Course Fee & Performance 2.000 2.000 -
Income.
C03870 PAEC Others (PAEC) 18.600 40.016 41.000
C03870 NHLH Quaid Azam Papers Wing 0.060 0.100 0.100
C03870 National Language Promotion Deptt 1.750 1.750 1.800
C03870 MOFA Other Receipts of M/o Foreign Affairs 315.000 500.000 800.000
C03870 CGA1 Others ( CGA) 0.620 0.070 0.075
C03870 NI Rehabilitation of Medicines 6.000 7.500 7.500
Miscellaneous Receipts of attached
C03870 20,000.000 40,000.000 35,000.000 departments
C03870 GSP 2 ( M/o Petroleum) 4.000 2.000 4.000
C03870 Others (ICT) 587.643 - -
C03870 Others (AGP) 0.059 0.069 0.079
C03870 Hostel Room Rent (MOFE&PT) 0.500 0.400 0.500
Income from Swing Pool, Ground Hall and
C03870 47.000 100.000 200.000
Membership Fee, (Hostel & Others) IPC Div.
Receipts of Special CommunicationsC03893 SCO1 5,000.000 4,200.000 5,000.000
Organization
C03895 MOIB Film Censorship Fee (MoIB&NH) 6.500 6.500 10.000Page 40
4.6.4 Receipts from Oil and Gas Sector 4.6.4.1 Petroleum Levy 4.6.4.1.1 Petroleum Products (Petroleum Levy) Ordinance, 1961 amended from time to time, provides imposition of Petroleum Levy. Ex-refinery/import price of oil is added with Inland Freight Equalization Margin (IFEM), Oil Marketing Companies (OMCs) distribution margin and dealer's commission as fixed by Government of Pakistan in Rs/per liter. On this accumulated price of oil, Petroleum Levy is fixed by Government of Pakistan in Rs. per liter from time to time is levied. 4.6.4.2 Natural Gas Development Surcharge 4.6.4.2.1 As per Natural Gas Development Surcharge Ordinance, 1967, every company as mentioned in the Schedule shall collect and pay to the Federal Government a development surcharge equal to the differential margin i.e the amount by which the fixed sale price exceeds the prescribed price, in respect of natural gas sold by it. 4.6.4.3 Royalty on Oil and Gas 4.6.4.3.1 According to Article 16(1) of the Constitution of Islamic Republic of Pakistan, the royalty collected by the Federal Government shall not form part of the Federal Consolidated Fund and shall be paid to the provinces in which the well-head of natural gas is situated. As per Clause 5 of 7th National Finance Commission Award notified vide President's Order No.5 of 2010, each of the provinces shall be paid in each financial year as a share in the net proceeds of the total royalties on crude oil an amount which bears to the total net proceeds the same proportion as the production of crude oil in the province in that year bears to the total production of crude oil. 4.6.4.3.2 Petroleum Exploration & Production Policy 2012 approved by Ministry of Petroleum & Natural Resources Government of Pakistan imposes Royalty on exploration and production of oil and gas. Clause 4.1of Section II of the said policy provides that royalty will be payable at the rate of 12.5% of the value of petroleum at the field gate. The royalty will be paid by the Federal Government to Provinces to the extent of their share of liquid and gaseous hydrocarbons (such as LPG, NGL, Solvent oil, gasoline and others) as well as all substances including sulphur, produced in association with such hydrocarbon. The lease rent paid during the year shall not be deductible from the royalty payment. A 10% of the royalty will be utilized in the district where oil and gas is produced for infrastructure development. 4.6.4.4 Discount on Local Crude Oil 4.6.4.4.1 Crude Oil and Natural Gas is explored/extracted by the Exploration and Production (E&P) Companies working under "Petroleum Concession Agreement (PCA)". E&P companies sell the crude oil to refineries at the rate prevailing in the international market based on the formula as per PCA. Under various agreements, E&P Companies agree to sell the crude oil to refineries at different discounted rate on attainment of certain milestones as per PCA. The amount of discount is retained by the refineries while making payment of crude oil to E&P companies and deposited in Government head of account.
Page 41
4.6.4.5 Windfall Levy on Crude Oil
4.6.4.5.1 As per Petroleum Exploration & Production Policy 2012, Windfall Levy (WLO) will be
applicable on crude oil and condensate using the formula i.e WLO = 0.4 x (M-R) x (P-B)
Where: WLO = Windfall Levy on crude oil and condensate; M = Net production (petroleum
produced & saved); R = Royalty; P = Market Price of crude oil and condensate; and B = Base
Price. All the benefit of windfall levy may be equally divided between the Federal Government
and Provincial Government concerned.
4.6.4.6 Gas Infrastructure Development Cess (GIDC)
4.6.4.6.1 Gas Infrastructure Development Cess Act 2015 provides legal framework to levy and
collect the Cess from gas consumers other than the domestic sector consumers at the rates as
provided in the Second Schedule to this Act. The gas company shall be responsible for billing of
cess to gas consumers, its collection and its onward payment to Federal Government in the
manner as prescribed by the Federal Government. As per Section 4 of the Act, the cess shall be
utilized by the Federal Government for or in connection with infrastructure development of Iran
Pakistan Pipeline Project, Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Project, and
LNG or other ancillary projects.
4.6.4.6.2 The major billing companies are: (1) Sui Northern Gas Pipelines Limited, (2) Sui
Southern Gas Company Limited, (3) Mari Petroleum Company Limited (formerly Mari Gas
Company Limited),(4) Pakistan Petroleum Limited, (5) Tullow Pakistan Development Limited, (6)
Oil and Gas Development Company Limited. Rates of Cess (Rs./MMBTU) are Rs. 300 for
Fertilizer Feed, Rs. 200 for Captive Power, Rs. 100 for Industry, Rs. 100 for KESC/GENCO, Rs.
100 for IPPs, Rs.263 for CNG Region-I and Rs. 200 for CNG Region-1
4.6.4.6.2 The details of development surcharges and levies are given below table:-
TABLE 32
Receipts from Oil and Gas Sector
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
C03901 Petroleum Levy 610,000.000 135,000.000 855,000.000
C03902 Natural Gas Development Surcharge 36,000.000 30,000.000 40,000.000
C03905 Royalty on Oil 35,000.000 40,000.000 46,000.000
C03906 Royalty on Gas 65,000.000 60,000.000 70,000.000
C03910 Discount Retained on Local Crude Price 20,000.000 16,000.000 20,000.000
C03915 Windfall Levy against Crude Oil 10,000.000 12,000.000 10,000.000
C03916 Gas Infrastructure Development Cess 130,000.000 25,000.000 30,000.000
C03917 Petroleum Levy on LPG. 7,600.000 5,000.000 8,000.000
Total 913,600.000 323,000.000 1,079,000.000Page 42
Chapter 5: PROVINCIAL SHARE IN REVENUE RECEIPTS
5.1 The provincial share of revenues from the divisible pool taxes, straight transfers etc. is
governed in accordance with the provisions of 7th National Finance Commission Award notified
vide President's Order No.5 of 2010 issued on 10th May, 2010, which is reproduced as under:
PRESIDENT'S ORDER NO.5 OF 2010
AN
ORDER
to provide for distribution of revenues and certain grants
WHEREAS in pursuance of clause (1) of Article 160 of the Constitution of the Islamic
Republic of Pakistan (hereinafter referred to as the Constitution), the President, by the Finance
Division's Notification No.S.R.O. 739(I)/2005 dated 21st July, 2005, as modified by the said
Division's Notification No.S.R.O.693(I)/2009, dated 24th July, 2009, appointed a National Finance
Commission to make recommendations, among other matters, as to the distribution between the
Federation and the Provinces of the net proceeds of certain taxes;
AND WHEREAS the said Commission has also submitted its recommendations with
regard to the said distribution;
NOW, THEREFORE, in pursuance of clauses (4) and (7) of Article 160 of the
Constitution, the President is pleased to make the following Order:-
1. Short title and commencement: (1) This Order may be called the Distribution of
Revenues and Grant-in-Aid Order, 2010.
(2) It shall come into force on the first day of July, 2010.
2. Definitions: In this Order, unless there is anything repugnant in the subject or
context.---
(a) "Net Proceeds" means, in relation to any tax, duty or levy, the proceeds thereof
reduced by the cost of collection as ascertained and certified by the Auditor
General of Pakistan, and
(b) "taxes on income" includes corporation tax but does not include taxes on
income consisting of remuneration paid out of the Federal Consolidated Fund.
3. Distribution of Revenues. (1) The divisible pool taxes in each year shall
consist of the following taxes levied and collected by the Federal
Government in that year,
(a) taxes on income;
(b) wealth tax;
(c) capital value tax;
(d) taxes on sales & purchases of goods imported, exported, produced,
manufactured or consumed;
(e) export duties on cotton;
(f) customs duties;Page 43
(g) federal excise duties excluding the excise duty on gas charged at well-
head; and
(h) any other tax which may be levied by the Federal Government.
(2) One percent of the net proceeds of divisible taxes shall be assigned to
Government of Khyber Pakhtunkhwa to meet the expenses on War on Terror.
(3) After deducting the amount as prescribed in clause (2), of the balance amount of
the net proceeds of divisible pool taxes, fifty six percent shall be assigned to the provinces during
the financial year 2010-11 and fifty seven and a half percent from the financial year 2011-12
onwards. The share of the Federal Government in the net proceeds of the divisible pool shall be
forty-four percent during the financial year 2010-11 and forty -two and half percent from the
financial year 2011-12 onwards
4. Allocation of shares to the Provincial Governments. (1) The Province -wise
ratios given in clause (2) are based on multiple indicators. The indicators and their respective
weights as agreed upon are:-
(a) Population 82.0%
(b) Poverty or backwardness 10.3%
(c) Revenue collection or generation 5.0%
(d) Inverse population density 2.7%
(2) The sum assigned to the Provincial Governments under Article 3 shall be
distributed amongst the Provinces on the basis of the percentage specified against each:-
(a) Balochistan 9.09%
(b) Khyber Pakhtunkhwa 14.62%
(c) Punjab 51.74%
(d) Sindh 24.55%
Total: 100.00%
(3) The Federal Government shall guarantee that Balochistan Province shall receive
the projected sum of eighty-three billion rupees from the provincial share in the net proceeds of
divisible pool taxes in the first year of the Award. Any shortfall in this amount shall be made up by
the Federal Government from its own resources. This arrangement for Balochistan shall remain
protected throughout the remaining four years of the Award based on annual budgetary
projections.
5. Payment of net proceeds of royalty on crude oil : Each of the Provinces
shall be paid in each financial year as a share in the net proceeds of the total royalties on crude
oil an amount which bears to the total net proceeds the same proportion as the production of
crude oil in the Province in that year bears to the total production of crude oil.Page 44
6. Payment of net proceeds of development surcharge on natural gas to the
provinces : (1) Each of the Provinces shall be paid in each financial year as a share in net
proceeds to be worked out based on average rate per MMBTU of the respective province. The
average rate per MMBTU shall be derived by notionally clubbing both the royalty on Natural Gas
and Development Surcharge on Gas. Royalty on natural gas shall be distributed in
accordance with clause (1) of Article 161 of the Constitution whereas the development surcharge
on natural gas would be disrtributed by making adjustments based on this average rate.
(2) The development surcharge on natural gas for Balochistan with effect from Ist
July, 2002 shall be reworked out hypothetically on the basis of formula given in clause (1) and the
amount, subject to maximum of ten billion rupees, shall be paid in five equal installments by the
Federal Government as grants to be charged on the Federal Consolidated Fund.
7. Grants-in-Aid to the Provinces: There shall be charged upon the Federal
Consolidated Fund each year, as grants-in-aid of the revenues of the province of Sindh an
amount equivalent to 0.66% of the provincial share in the net proceeds of divisible pool as a
compensation for the losses on account of abolition of octroi and zila tax.
8. Sales Tax on services: NFC recognizes that sales tax on services is a
Provincial subject under the Constitution of the Islamic Republic of Pakistan, and may be
collected by respective Provinces, if they so desired.
9. Miscellaneous: (1) NFC also recommended increase in the rate of excise duty
on natural gas to Rs. 10.0 per MMBTU. Federal Government may initiate necessary legislation
accordingly.
(2) The NFC recommended that the Federal Government and Provincial
Governments should streamline their tax collection systems to reduce leakages and increase
their revenues through efforts to improve taxation in order to achieve a 15% tax to GDP ratio by
the terminal year i.e. 2014-15. Provinces would initiate steps to effectively tax the agriculture and
real estate sector. Federal Government and Provincial Governments may take necessary
administrative and legislative steps accordingly.
(3) Federal Government and Provincial Governments would develop and enforce
mechanism for maintaining fiscal discipline at the Federal and Provincial levels through legislative
and administrative measures.
(4) The Federal Government may assist the Provinces through specific grants in
times of unforeseen calamities.
(5) The meetings of the NFC may be convened regularly on a quarterly basis to
monitor implementation of the award in letter and spirit.
10. Repeal.- The Distribution of Revenues and Grant-in-Aid Order, 1997
(P.O.No.1 of 1997), and the Distribution of Revenues and Grants-in-Aid, Order, 2010. (P.O. 4 of
2010) are hereby repealed.
ASIF ALI ZARDARI
PresidentPage 45
5.2 Distribution of Revenues and Grants-in-Aid Order, 2010 (President's Order No. 5 of
2010) was slightly amended through President's Order No.6 of 2015, which is reproduced as
under;
PRESIDENT'S ORDER NO.6 OF 2015
AN
ORDER
To amend Distribution of Revenues and Grants-in-Aid Order, 2010 (President's Order
No.5 of 2010)
Whereas it is expedient to amend the Distribution of Revenues and Grants-in-Aid
Order, 2010 (P.O. No. 5 of 2010) for the purpose hereinafter appearing.
Now therefore in pursuance of clause (6) read with clause (7) of Article 16 of the
Constitution of the Islamic Republic of Pakistan, the President is pleased to make the following
Order:-
1. Short title and commencement: (1)This Order may be called the Distribution of
Revenues and Grants-in-Aid (Amendment) Order 2015.
(2) It shall come into force on the first day of July 2015.
(3) It will remain in force till further orders.
2. Substitution of Article-4(3) P.O No.5 of 2010: In the Distribution of Revenues
and Grants-in-Aid Order, 2010 (P.O. No. 5 of 2010) for Article 4(3) the following shall be
substituted;
3. The Federal Government shall guarantee that Balochistan Province shall receive
the projected sum of eighty-three billion rupees from the provincial share in the net proceeds of
divisible pool taxes in the first year of the Award and any shortfall in this amount shall be made up
by the Federal Government from its own resources. This arrangement for Balochistan shall
remain protected throughout Award period based on annual budgetary projections.
MAMNOON HUSSAIN
PresidentPage 46
5.3 The following table shows the estimated transfers to the provincial governments on
account of their share in Federal Taxes and by straight transfers during the year 2021-22 and
2022-23;
TABLE 33
Provincial Share in Revenue Receipts
2021-22 (Budget)
(Rs. In Million)
Object *Khyber
Description Balochistan Punjab Sindh Total
Code Pakhtunkhwa
(A) Divisible Taxes 295,728.384 532,789.246 1,683,276.849 798,694.371 3,310,488.850
B01108 Taxes on Income 110,133.800 198,418.913 626,878.200 297,446.073 1,232,876.986
B01809 Capital Value Tax 28.790 51.868 163.870 77.755 322.283
B02303
Sales Tax excl. GST
B02382 128,242.103 231,043.136 729,950.098 346,352.434 1,435,587.771
on services
B02383
B02408 Federal Excise (Net
17,623.652 31,751.069 100,313.284 47,597.432 197,285.437
B02503 of Gas)
B02170 Customs Duties 39,700.039 71,524.260 225,971.397 107,220.677 444,416.373
(B) Straight Transfers 17,567.225 26,467.575 7,821.065 49,513.756 101,369.621
Gas Development
C03904 5,560.226 4,156.748 2,021.425 4,730.001 15,866.613
Surcharge
Royalty on Natural
C03908 9,977.801 8,588.269 1,732.346 31,265.998 52,736.015
Gas
C03907 Royalty on Crude Oil 1.578 11,838.018 3,647.854 6,116.797 23,199.099
Excise Duty on
B03044 2,027.620 1,884.540 419.440 7,400.960 14,704.540
Natural Gas
Total (A+B) 313,295.609 559,256.821 1,691,097.914 848,208.127 3,411,858.471
* inclusive of 1% War on terrorPage 47
TABLE 34
Provincial Share in Revenue Receipts
2021-22 (Revised)
(Rs. In Million)
Object Khyber
Description Balochistan Punjab Sindh Total
Code Pakhtunkhwa
(A) Divisible Taxes 306,879.417 552,879.138 1,738,189.748 820,252.306 3,418,200.609
B01108 Taxes on Income 112,637.755 202,930.081 636,630.634 299,708.679 1,251,907.149
B01809 Capital Value Tax 22.540 40.609 128.297 60.875 252.321
B02303 Sales Tax excl. GST
B02382 135,817.761 244,691.570 769,012.068 362,754.104 1,512,275.503 on services
B02383
B02408 Federal Excise (Net
17,095.139 30,798.891 97,305.006 46,170.040 191,369.076
B02503 of Gas)
B02170 Customs Duties 41,306.222 74,417.987 235,113.743 111,558.608 462,396.560
(B) Straight Transfers 16,183.524 34,211.266 8,381.730 64,390.871 123,167.391
Gas Development
C03904 1,641.677 3,677.054 914.678 13,048.269 19,281.678
Surcharge
Royalty on Natural
C03908 12,434.808 10,306.395 1,429.311 34,692.833 58,863.347
Gas
C03907 Royalty on Crude Oil 276.399 18,601.997 5,686.901 10,373.849 34,939.146
Excise Duty on
B03044 1,830.640 1,625.820 350.840 6,275.920 10,083.220
Natural Gas
Total (A+B) 323,062.941 587,090.404 1,746,571.478 884,643.177 3,541,368.000
TABLE 35
Provincial Share in Revenue Receipts
2022-23 (Budget)
(Rs. In Million)
Object Khyber
Description Balochistan Punjab Sindh Total
Code Pakhtunkhwa
(A) Divisible Taxes 378,882.994 682,601.998 2,159,738.511 1,026,424.028 4,247,647.531
B01108 Taxes on Income 153,350.678 276,279.169 876,015.508 417,313.096 1,722,958.451
B01809 Capital Value Tax 26.382 47.531 150.166 71.252 295.331
B02303 Sales Tax excl. GST
B02382 157,346.322 283,477.789 895,610.419 424,956.238 1,761,390.768 on services
B02383
B02408 Federal Excise (Net 19,977.447 35,991.706 113,711.017 53,954.492 223,634.662
B02503 of Gas)
B02170 Customs Duties 48,182.165 86,805.803 274,251.401 130,128.950 539,368.319
(B) Straight Transfers 15,197.515 30,900.157 7,996.937 70,822.824 124,917.433
Gas Development
C03904 834.929 1,294.142 303.624 17,167.305 19,600.000
Surcharge
Royalty on NaturalC03908 11,948.101 11,310.013 1,712.932 36,147.006 61,118.052
Gas
C03907 Royalty on Crude Oil 275.145 16,395.782 5,570.741 10,174.193 32,415.861
Excise Duty onB03044 2,139.340 1,900.220 409.640 7,334.320 11,783.520
Natural Gas
Total (A+B) 394,080.509 713,502.155 2,167,735.448 1,097,246.852 4,372,564.964Page 48
Chapter 6: CAPITAL RECEIPTS
6.1 Capital receipts comprise Recoveries of Loans and Advances from Provinces and other
entities and Public Debt which includes Permanent Debt and Floating Debt. The net capital
receipts so realized by the Federal Government generally constitute the available resources for
the financing of its Public Sector Development Programme. External finances and un-funded debt
(primarily made up of the various instruments available under the National Savings Schemes)
also fall under the category of Capital Receipts, however, they are covered under separate
chapters of this publication.
6.2 The following table indicates the position of capital receipts for 2021-22 (Budget and
Revised) and 2022-23 (Budget).
TABLE 36
Capital Receipts
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
A. Capital Receipts (I+II) 1,439,878.908 2,507,711.222 2,375,059.538
I. Recoveries of Loans and Advances 273,351.815 305,696.576 253,576.000
E021 Provinces 95,361.474 99,674.033 243,576.000
E022-27 PSEs and Others 177,990.341 206,022.543 10,000.000
II. Public Debt (Net) 1,166,527.093 2,202,014.646 2,121,483.538
E031 Domestic Debt (Permanent) 1,974,557.513 3,021,003.627 1,970,328.966
E033 Foreign Currency Debt (Permanent) (63.000) (41.600) (63.000)
E032 Floating Debt (807,967.420) (818,947.381) 151,217.572Page 49
6.3 Recovery of Loans and Advances
6.3.1 The recovery of principal amount of loans and advances from provinces, public sector
enterprises, financial and non-financial institutions is reflected in this section.
6.3.2 The estimates of recoveries of loans and advances are given below tables :
TABLE 37
Recovery of Loans and Advances
(Provinces)
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
Province-Wise Break-up
E021 Punjab 49,058.002 52,638.154 63,977.267
Cash Loans 1,587.747 1,587.748 1,087.883
Foreign Loans 47,470.255 51,050.406 62,889.384
Sindh 30,253.831 29,866.356 30,255.727
Cash Loans 7,075.096 5,075.094 2,942.763
Foreign Loans 23,178.735 24,791.262 27,312.964
Khyber Pakhtunkhwa 11,386.015 12,155.253 15,702.620
Cash Loans - - -
Foreign Loans 11,386.015 12,155.253 15,702.620
Balochistan 4,663.626 5,014.270 5,256.002
Cash Loans 11.786 11.786 13.097
Foreign Loans 4,651.840 5,002.484 5,242.905
Total (Recovery of Loans) 95,361.474 99,674.033 115,191.616
Loan-wise Break-up
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
E021 Cash Loans 8,674.629 6,674.628 4,043.743
Punjab 1,587.747 1,587.748 1,087.883
Sindh 7,075.096 5,075.094 2,942.763
Khyber Pakhtoonkhwa - - -
Balochistan 11.786 11.786 13.097
Foreign Loans 86,686.845 92,999.405 111,147.873
Punjab 47,470.255 51,050.406 62,889.384
Sindh 23,178.735 24,791.262 27,312.964
Khyber Pakhtoonkhwa 11,386.015 12,155.253 15,702.620
Balochistan 4,651.840 5,002.484 5,242.905
Total - Loans 95,361.474 99,674.033 115,191.616Page 50
TABLE 38
Recovery of Loans and Advances
(Local Bodies)
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
E022 Cash Loans 15,773.635 15,764.678 17,655.591
PTV 58.753 58.753 58.753
Lahore Garment City 18.552 18.552 20.702
NHA 14,577.736 14,577.736 16,262.942
PBC 71.826 71.826 74.571
Capital Development Authority 130.502 130.502 139.637
State Engineering Corporation 2.143 2.143 3.491
Pakistant Machine Tool Factory 8.957 - -
Printing Corporation of Pakistan 183.485 183.485 195.631
Pakistan Steel Mil 715.755 715.755 887.167
Heavy Mechanical Complex 5.926 5.926 12.697
E022 Foreign Loans 50,064.522 52,984.208 78,557.640
Karachi Port Trust 834.527 912.008 968.828
NHA 22,446.623 23,026.192 46,717.223
GIK Institute 5.359 3.676 3.919
SSGC 1.501 1.501 1.501
Shaukat Khanum Memorial Trust 14.977 10.271 10.951
NEPRA 0.751 0.751 0.751
OGRA 0.623 0.623 0.623
P.A.E.C (Chashma Nuclear Power Plant) 26,760.161 29,029.186 30,853.844
Total (Local Bodies) 65,838.157 68,748.886 96,213.231
TABLE 39
Recovery of Loans and Advances
(Financial Institutions)
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
E023 Foreign Loans 97.314 97.314 411.131
IDBP 97.314 97.314 97.314
Pakistan Mortage Refinance Co Ltd (PMRC) - - 313.817
Total - Financial Institutions 97.314 97.314 411.131Page 51
TABLE 40
Recovery of Loans and Advances
(Non-Financial Institutions)
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
E024 (A) Power Sector
Cash Loans 2,947.171 2,948.151 3,651.613
WAPDA (power wing) 1,867.138 1,867.138 2,439.259
WAPDA (water wing) 39.136 39.135 43.584
TESCO 24.913 24.913 28.317
QESCO 62.474 62.471 77.697
MEPCO 17.902 17.902 20.220
GENCO-I 25.610 26.594 27.054
GENCO-II 216.270 216.270 245.918
GENCO-III 128.014 128.014 143.721
GENCO-IV 2.730 2.730 3.231
CPPA 40.100 40.100 40.100
NJHP 486.154 486.154 543.075
NTDC 36.730 36.730 39.437
E024 Foreign Loans 34,125.925 41,951.476 39,796.599
WAPDA (Power Wing) 7,727.664 8,232.703 8,732.970
WAPDA (water wing) - - -
Jamshoro Power Company Ltd (JPCL) - 5,296.438 3,163.296
LESCO 597.436 597.436 597.436
HESCO 651.227 651.627 651.227
PESCO 441.420 443.851 445.634
QESCO 676.672 676.672 676.672
GEPCO 345.792 893.121 528.235
IESCO 800.548 801.086 801.480
FESCO 375.607 375.607 375.606
MEPCO 875.186 875.186 875.186
NTDC 8,573.298 10,046.674 9,887.782
NJHP 13,035.379 13,035.379 13,035.379
PEPCO 25.696 25.696 25.696
Total - Power Sector (A) 37,073.096 44,899.627 43,448.212
E024 (B) Autonomous Bodies/Corporations
Foreign Loans 4,029.733 4,019.589 4,316.633
Pakistan Railways 1,316.317 1,306.176 1,059.965
Korangi Fisheries Harbour Authority (KFHA) 26.584 26.584 26.584
Contd….Page 52
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
PPAF 1,279.544 1,279.544 1,125.465
ERRA - - -
TEVTA 31.856 31.856 31.856
SUPARCO 1,123.307 1,123.307 1,816.759
Special Communication Organization 252.125 252.122 256.004
Total Autonomous Bodies/Corporations (B) 4,029.733 4,019.589 4,316.633
Total Non-Financial Institutions (A+B) 41,102.829 48,919.216 47,764.845
E025 Government Servants
Cantt/Garrison Educational Institutions 55.343 55.352 58.120
Office of the AGPR, Islamabad 4,163.702 4,678.009 5,145.810
AGPR sub-office, Lahore 1,279.670 1,148.648 1,263.513
AGPR sub-office, Karachi 1,084.565 1,159.253 1,275.178
AGPR sub-office,Peshawr 437.273 540.161 594.177
AGPR sub-office, Quetta 224.525 226.440 237.845
AGPR sub-office, Gilgit 195.476 387.743 422.640
Defence 648.585 725.031 732.534
Military Accoumtant General,Rawalpindi - 6.678 8.080
Pakistan Post Office Deptt 325.800 343.800 355.000
Pak PWD 146.455 126.075 126.560
Pakistan Mint 23.840 21.940 22.360
CAO (Ministry of Foreign Affairs) 111.062 203.084 223.393
Central Dte of National Savings 145.127 165.373 167.917
Geological Survey of Pakistan 61.207 47.481 52.229
Special Communication Organization 13.924 12.324 13.277
National Tariff Commission 15.248 14.934 41.323
NDMA 3.033 0.766 0.766
Total Government Servants 8,934.835 9,863.092 10,740.722
E027 Others
Ways & Means Advances to Provinces,AJK/ 15,000.0 72,700.000 10,000.0
Cash Loans- Govt of AJK 3,059.280 2,913.495 2,904.530
Foreign Loans-Govt of AJK 2,440.804 2,762.685 2,950.072
Foreign Loans-Govt of Gilgit,-Baltistan 2.622 2.471 2.625
Cash Loans - PNRA 14.500 15.384 17.691
Total - Others 20,517.206 78,394.035 15,874.918
Total Recovery Cash Loans (PSEs) 45,729.421 104,204.800 44,970.147
Total Recovery Foreign Loans (PSEs ) 90,760.920 101,817.743 126,034.700
Recovery from Arrears Stock 41,500.000 - -
Total (PSEs & Others ) 177,990.341 206,022.543 171,004.847
Estimated Shortfall - - 161,004.847
Net Lending (PSEs & Others) 177,990.341 206,022.543 10,000.000
Total Provinces 95,361.474 99,674.033 115,191.616
Recovery from Arrears Stock 128,384.384
Net Provinces 95,361.474 99,674.033 243,576.000
Grand Total - Recovery of Loans 273,351.815 305,696.576 253,576.000Page 53
6.4 Public Debt
6.4.1 Public Debt of the Federal Government is classified into two categories:
(i) Domestic debt, which includes permanent debt, floating debt and unfunded debt; and
(ii) Foreign currency debt, which includes long, medium and short term debt.
6.4.2 Domestic Debt (Permanent)
The main features of securities through which domestic debt (permanent) is raised are given
below:
6.4.2.1 Pakistan Investment Bonds
This security having maturity period of 2, 3, 5, 7, 10, 15, 20 and 30 years is in operation since
2000. Against the budgeted receipt of Rs. 751139.00 million for the year 2021-22, the revised
estimates for the year 2021-22 have been worked out at Rs. 1,279,062 million whereas the
budget estimates for the year 2022-23 are estimated at Rs. 747,860 million.
6.4.2.2 Government Ijara Sukuk Bonds
The Government of Pakistan Ijara Sukuk Bonds are issued through Pakistan Domestic Sukuk
Company Limited. The Sukuk are not redeemable before maturity. The profit on the Sukuk is
payable bi-annually on rental rate to be announced by State Bank of Pakistan. Against the budget
estimates of Rs. 1,200,000.00 million for the year 2021-22, the revised estimates have been
projected at Rs. 1,725,000.00 million. The budget estimates for the year 2022-23 are estimated at
Rs. 1,200,000.00 million.
6.4.2.5 The net receipts from domestic debt (permanent) during the year 2020-2021 (Budget &
Revised) and 2021-2022 (Budget) are estimated as under:
TABLE 41
Public Debt (Net)
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
E031 Domestic Debt (Permanent) 1,974,557.513 3,021,003.627 1,970,328.966
Pakistan Investment Bonds (Non-Bank) 751,139.000 1,279,062.294 747,860.326
Government Ijara Sukuk Bonds 1,200,000.000 1,725,000.000 1,200,000.000
Premium Prize Bond (Registered) 25,000.000 19,000.000 25,000.000
Pakistan Banao Certificate (3 Years) (1,580.887) (1,649.406) (2,150.392)
Pakistan Banao Certificate (5 Years) - (409.261) (308.441)
FADRA - - (72.527)Page 54
6.4.3 Foreign Currency Debt (Permanent)
It includes the following securities:
6.4.3.1 Foreign Exchange Bearer Certificates (FEBCs)
Budget estimates in case of repayment of Foreign Exchange Bearer Certificates for financial year
2021-22 were estimated at Rs. -5.000 million. Revised estimates for the year 2021-22 are
projected at Rs. -0.500 million whereas budget estimates for financial year 2022-23 have been
kept at Rs. -5.000 million.
6.4.3.2 Foreign Currency Bearer Certificates (FCBCs)
Repayment on account of Foreign Currency Bearer Certificates in the budget estimates for the
year 2021-22 was estimated at Rs. -5.000 million. Revised estimates for the year 2021-22 and
budget estimates for the year 2022-23 on account of repayment have been kept at Rs. -1.000
million and Rs.-5.000 million respectively. These certificates are in US$ and Pound Sterling. Profit
is payable half yearly at floating rates which is not liable to income tax. Investment in these
certificates is exempt from Wealth Tax and compulsory deduction of Zakat.
6.4.3.3 US Dollar Bearer Certificates (DBCs)
This security was introduced in 1991 and discontinued on 17th November, 1994. Against the
repayment of Rs. -3.000 million in the budget estimate 2021-22, revised estimates in 2021-22
and budget estimates for the year 2022-23 have been kept at Rs. -0.100 million and Rs.3.000
million respectively.
6.4.3.4 Special US Dollar Bonds
These bonds were issued under Special US Dollar Bonds Rules, 1998 to the Foreign Currency
Accounts holders or Foreign Currency Certificates holders with scheduled banks or non-bank
financial institutions out of their foreign currency deposits. Against the repayment of Rs. -50.000
million provided in budget estimates 2021-22, the revised estimates of repayment on account of
these bonds in 2021-22 have been estimated at Rs.-40.000 million and the budget estimates for
the year 2022-23 are estimated at Rs.-50.000 million. The details of foreign currency debt
(permanent) are tabulated below:-
TABLE 42
Public Debt (Foreign Currency Permanent) - Net
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
E033 Foreign Currency Debt (Permanent) (63.0) (41.6) (63.0)
Foreign Exchange Bearer Certificates (FEBCs (5.0) (0.5) (5.0)
Foreign Currency Bearer Certificates (FCBCs (5.0) (1.0) (5.0)
US Dollar Bearer Certificates (DBCs) (3.0) (0.1) (3.0)
Special US Dollar Bonds (50.0) (40.0) (50.0)Page 55
6.4.4 Floating Debt
In case of floating debt borrowing is purely temporary nature with currency of not more than
twelve months. Market Related Treasury Bills, National Prize Bonds and Bai-Muajjal Ijara Sukuks
are included in this category.
6.4.4.1 Market Related Treasury Bills (Auction)
These reflect non-bank borrowing of the Federal Government.
6.4.2.3 National Prize Bonds:
These are of bearer type non-terminable securities freely en-cashable and transferable by
delivery. These are issued in denomination of Rs.100/-, Rs.200/-, Rs.750/-, Rs.1500/-, Rs.7500/-,
Rs.15000/-, Rs.25,000/- and Rs.40,000/-. Against the budgeted receipt of
Rs. -85,181.050 million for the year 2020-21, the revised estimates for the year 2020-21 are kept
at Rs. -268,462.08 million and budget estimates for the year 2021-22 are estimated at
Rs. -239,984.17 million.
6.4.4.2 Government Bai-Muajjal Ijara Sukuk
Government Bai-Muajjal Ijara Sukuk are issued through auction for a maturity period of one year
from date of issue. Bai-Muajjal Ijara Sukuk shall be repaid only on maturity. The profit earned on
Bai-Muajjal Ijara Sukuk shall be liable to income tax. Withholding tax shall be deducted at source
at the applicable rate. The estimates of receipts for floating debt during the year 2020-21
(Revised) and 2021-22 (Budget) are as under:-
TABLE 43
Floating Debt
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
E032 Floating Debt
A. Market Treasury Bills through Auction
(Non-Bank)
Receipts 19,115,475.00 17,298,469.00 17,355,713.00
Repayments 19,500,000.25 17,859,000.00 17,198,000.00
A. Market Treasury Bills (384,525.250) (560,531.000) 157,713.000
B. National Prize Bond (Net) (239,984.170) (80,591.381) 17,296.572
C. Govt Bai-Muajjal Ijara Sukuk (183,158.000) (177,825.000) (23,792.000)
D. Ways & Means Advances (300.000) - -
Net Total Floating Debt (A+B+C+D) (807,967.420) (818,947.381) 151,217.572Page 56
Chapter 7: PUBLIC ACCOUNT RECEIPTS 7.1 Article 78(1) of the Constitution of Islamic Republic of Pakistan provides that all revenues received by the Federal Government, all loans raised by that Government and all moneys received by it in repayment of loan, shall form part of the Federal Consolidated Fund. Article 78(2) provides that all other monies received by or on behalf of the Federal Government shall be credited into the Public Account of the Federation. Therefore, all the monies received by or on behalf of the Federal Government in terms of Article 78(2) are Public Account receipts which are not revenues in terms of Article 78(1) of the Constitution. However, such Public Account receipts cannot be operated without establishment of Special Purpose Funds, deposits, reserves etc under the authority of an Act of the Parliament or with the approval of the Federal Government. Moreover, as per Section 32 of the Public Finance Management Act, 2019, Special Purpose Funds, in which monies have been appropriated by the National Assembly shall be established under any law or with the approval of the Federal Government. 7.2 Public Account Receipts may be categorized as Deferred Liabilities and Deposit Receipts. 7.3 Deferred Liabilities These receipts represent the net proceeds of various savings schemes launched by the Government. Brief introduction of each saving scheme is given below. 7.3.1 Defence Savings Certificates 7.3.1.1 This is a ten years scheme. However, the investment can be encashed at any time. The rate of return on Defence Savings Certificates has been linked with the yield of Pakistan Investment Bonds of ten years maturity. The existing rate on this scheme is 12.40 % p.a. on maturity. Withholding tax is deducted from the profit payment. Apart from the individuals, institutions may invest their individuals' funds such as pension, gratuity, superannuation, contribtory provident funds and trusts etc.in this scheme. 7.3.2 Special Savings Certificates Special Savings Certificates (Registered/Accounts) is a three years scheme with profit payable on six monthly basis. The rate of return on Special Savings Certificats/Accounts has been linked with the yield of Pakistan Investment Bonds of three years maturity.The existing rate of profit in this scheme is 13.00 % per annum for first to fifth profits and 14.40 % for the last sixth profit. While average rate is 13.23 %. Withholding tax is deducted from the profit payment. Apart from individuals, institutions may invest their individuals' funds such as pension, gratuity, superannuation, contribtory provident funds and trusts etc.in this scheme.
Page 57
7.3.3 Regular Income Certificates
This scheme was introduced on 2-2-1993 to ensure payment of income on monthly basis. The
rate of return on Regular Saving Certificates has been linked with the yield of Pakistan
Investment Bonds of five years matuarity. The existing profit on this scheme is 12.36 % per
annum. The profit in this scheme is subject to withholding tax and the investment is exempt from
compulsory deduction of zakat at source. Apart from individuals, institutions may invest their
individuals' funds such as pension, gratuity, superannuation, contribtory provident funds and
trusts etc.in this scheme.Premature encashment on these certificates carry service charges as
under:-
(i) if encashed before completion of one year @ 2 % of face value
from the date of issue
(ii) Before two years @ 1.50 % of face value
(iii) Before three years @ 1% of face value
(iv) Before four years @ 0.5% of face value
7.3.4 Mahana Amdani Account
It is a five years scheme in which only individuals can invest from Rs.500/- to Rs.5000/- each
month consecutively for five years.Thereafter, the return was paid on monthly basis equal to the
amount of monthly deposit till the withdrawal of accumulated principal amount. However, the
account holders who opened accounts on or after 1.7.2000 and 1.7.2002 were required to
deposit monthly installment for six years and seven years, respectively, to get monthly profit
equal to the amount of monthly deposit so long as the account is not closed. The return upto
Rs.1000/- is tax free. Zakat is deducted on principal value at the time of payment of return if
declaration in this regard is not filed. However, Mahana Amdani Account Scheme has been
discontinued after 17th May, 2003.
7.3.5 Savings Accounts
This is the oldest saving scheme in operation which provides profit on non-checking
accounts.Zakat is deducted @ 2.50 % on credit balance on valuation date each year if
declaration in this regard is not filed.The existing profit on savings account is 12.25% p.a.
Withholding tax is deducted from the profit payment. Apart from individuals, institutions may
invest their individuals' funds such as pension, gratuity, superannuation, contribtory provident
funds and trusts etc.in this scheme. .Page 58
7.3.6 Pensioners’ Benefit Accounts This scheme has been launched with effect from 20-1-2003 to provide incentives to the retired officials of the Federal Government, Provincial Governments, Azad Government of the State of Jammu and Kashmir, Armed Forces, Semi Governments and Autonomous Bodies and in case of death the pensioner’s eligible member of the family. Only one account can be opened in the National Savings Centre with a minimum deposit of rupees ten thousand and in multiple of one thousand with the facility of seven subsequent deposits subject to the maximum limit of five million rupees. It is a ten years scheme and profit is payable on completion of each period of one month reckoned from the date of opening of an account till maturity or encashment whichever is earlier. The existing rate of profit on this scheme is 14.16 % per annum. Premature encashment before completion of one, two, three and four years carries service charges at the rate of 1.00%, 0.75%, 0.50% and 0.25% of principal amount respectively. Profit accrued from this scheme is exempt from compulsory deduction of withholding tax and Zakat. The scheme has been made more attractive as any upward revision in rate of profit notified after 09.03.2009 shall also be applicable to existing accounts holder whereas downward revision shall also be apply to fresh investment only. 7.3.7 Bahbood Savings Certificates Initially this scheme was introduced exclusively widows to cater for their needs with monthly profit payment facility. The scheme was further extended to the persons of age 60 years or above. The existing rate of profit on this scheme is 14.16 % per annum. The maximum investment limit in this scheme is five million rupees and ten million rupees for joint holders. It is only a compensatory package to enable widows and senior citizens to supplement their income to lead a respectable life. Service charges at the rate of 1.00%, 0.75%, 0.50% and 0.25% of the face value are deducted if certificates are encashed before completion of one, two, three and four years respectively. Profit accrued from this scheme is exempt from compulsory deduction of withholding tax and Zakat.The scheme has been made more attractive as any upward revision in rate of profit notified after 09.03.2009 shall also be applicable to existing certificate holders whereas downward revision shall apply to frash investment only. 7.3.8 Premium Prize Bonds (Registered): Premium Prize Bonds (Registered) of Rs.40,000/- denomination have been launched. These bonds offer biannual profit payment on completed period of six months as well as prize money on quarterly draws.The bond shall be registered against the name of purchaser. The Ownership of bond is transferable from one person to another person through an application on prescribed format.
Page 59
7.3.7 Shuhada's Family Welfare Account (SFWA)
A new savings scheme, namely Shuhada Family Welfare Account (SFWA), for the welfare of
eligible family members of Shuhada (martyrs) has been launched on 11th May, 2018. The eligible
family members can open the SFWA account in any National Savings Centre scross Pakistan
after fulfillment of required documentation. Preferential profit in line with the existing welfare
product i.e., Bahbood Savings Certificate and Pensioner Benefit Account shall be paid to the
investor of SFWA on monthly basis. Current profit rate is 14.16 % . Profit shall be exempted from
Withholding Tax and compulsory deduction of Zakat.
7.3.8 The Budget estimates of Public Account Receipts (Net) are given in below table
TABLE 44
Public Account Receipts (Net)
(Rs. In Million)
Object 2021-22 2021-22 2022-23 Description
Code Budget Revised Budget
Deferred Liabilites (Net) 58,136.630 (273,001.29) (128,865.49)
Deposits and Reserves (Net) 16,058.568 28,437.618 3,669.427
Total 74,195.198 (244,563.68) (125,196.06)
7.3.9 The Budget estimates of Deferred Liabilites on account of National Savings Schemes
(Net)are reported in below table,
TABLE 45
Deferred Liabilities (Net)
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
G03 Deferred Liabilities (A+B+C) 58,136.630 (273,001.294) (128,865.491)
Provident Fund (A) (8,000.000) (27,636.878) (15,129.426)
Saving/Deposit Acctt/Certificates (B) 66,136.630 (245,364.416) (113,736.065)
Saving Bank Accounts (12,549.470) 8,988.302 7,066.573
Khas Deposit Accounts (5.000) (5.000) (5.000)
Mahana Amdani Accounts (70.000) (70.000) (70.000)
Pensioners' Benefit Accounts 41,990.570 21,409.555 21,022.686
Defence Saving Certificates 9,358.670 (10,622.389) (10,353.988)
Bahbood Savings Certificates 43,343.200 12,694.163 29,314.096
National Deposit Certificates (1.000) (0.800) (1.000)
Khas Deposit Certificates (0.700) (0.700) (0.700)
Special Savings Certificates (Registered) (37,326.619) (128,299.306) (100,677.491)
Special Savings Accounts (Term Deposit) (51,783.761) (174,652.471) (137,051.190)
Shuhda Welfare Account 15.000 14.000 13.000
Regular Income Certificates 61,165.740 27,180.230 27,006.949
Short Term Savings Certificates (15,000.000) (2,000.000) (5,000.000)
New Savings Schemes 27,000.000 - 55,000.000
Postal Life Insurance Fund - - -Page 60
7.4 Deposits and Reserves
Deposits and Reserves represent all form of monies on the part of the Public Account of the
Federation as per Article 78(2) of the Constitution of Islamic Republic of Pakistan. The estimates
in table 46 are, however, subject to fulfillment of following stipulations;
(i) The funds appropriated by the National Assembly out of Federal Consolidated Funds in terms
of Articles 80 to 84 of the Constitution for a particular financial year (being lapsable) shall not be
deposited under these deposits and reserves heads of account (being non-lapsable) under the
Public Account.
(ii) The maintenance and operation of all these funds, deposits, reserves etc shall be subject to
their due establishment either under the authority of an Act of Parliament or with the approval of
the Federal Government, as the case may be.
(iii) Revenues as per Article 78(1) of the Constitution shall not be deposited in these deposits and
reserves heads of account under the Public Account. The revenues shall be deposited in the
respective heads of account of tax revenue and non tax revenue.
(iv) Receipt and withdrawal of funds into/from these deposits and resreves heads of account shall
only be allowed by the Accounting Offices subject to compliance of the stipulations at (i) to (iii)
above and to the extent of reconciled available balance under the respective head of account.
TABLE 46
Deposits and Reserve Fund
(Rs. In Million)
Object 2021-22 2021-22 2021-22
Description
Code Budget Revised Budget
G06 FGE BENEVOLENT FUNDS 3,324.652 3,991.680 4,191.264
G06202 Civil 1,199.066 1,282.872 1,347.016
G06203 F.G.Employees Benevolent Fund (Defence) 1,899.494 2,562.288 2,690.402
G06205 Pakistan Post Office Department 200.234 82.500 86.625
G06206 Pak PWD 5.328 44.724 46.960
G06209 National Saving 11.952 12.144 12.751
G06210 Pakistan Mint 3.654 2.196 2.306
G06212 Geological Survey of Pakistan 4.924 4.764 5.002
G06214 Provincial Govt./Employee B. Fund. - 0.192 0.202
GROUP INSURANCE FUNDS 667.124 588.516 617.942
G06401 PAK PWD - 4.428 4.649
G06402 Foreign Office - - -
G06404 National Saving - 3.084 3.238
G06405 Pakistan Mint - 0.132 0.139
G06407 Geological Survey of Pakistan - 1.932 2.029
G06408 Provincial Govt Employees B.Fund - 0.180 0.189
G06409 Civil 387.162 394.164 413.872
Contd….Page 61
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
G06410 Defence 265.096 180.984 190.033
G07104 Fed. Govt. Empl. Group Insur. Fund 14.866 3.612 3.793
Main Department 219,919.338 63,357.772 66,524.411
Defence 2,572.130 3,409.992 3,580.492
G11224 Deposit Account with Defence 2,572.130 3,409.992 3,580.492
Pakistan Post 198,340.058 46.600 47.680
G07101 Post Office Renewal Reserve Fund 50.470 25.000 25.000
G07102 Pakistan Post Office Welfare Fund 36.936 21.600 22.680
G07106 PPO Miscellaneous 198,252.652 - -
Pak PWD 19,007.150 59,901.180 62,896.239
G10101 Pak. PWD Receipts & Collection Account 930.968 608.640 639.072
G10113 Public Works/Pak. PWD Deposits 18,076.182 59,292.540 62,257.167
OTHERS 311,253.990 421,950.032 27,233.842
G06304 Workers Welfare Fund 18,532.502 12,863.208 13,506.368
G06308 Staff Welfare Fund Balochistan Police - 0.024 0.025
G06315 Judicial Officers Welfare Fund. - 1.512 1.588
G12135 PM's Special Fund for victims of Terrorism - 0.060 0.063
G12140 PM Flood relief Fund 2010 - 0.024 0.025
G12150 PM Relief Fund for Thar 2014 3,925.608 1,921.020 2,017.071
G12157 PM COVID-19 Pandemic Relief Fund 2020. 929.238 77.424 81.295
G12205 Pakistan Minorities Welfare Fund 20.532 54.096 56.801
Special Fund for Welfare & Uplift of
G12206 92.330 68.544 71.971
Minorities
G12226 Federal Government Artists Welfare Fund 3.820 0.132 0.139
G12305 Export Development Fund 893.794 - -
Reserve Fund for Exchange Risk on Foreign
G12308 2,846.768 212.796 223.436
Loans
G12412 Pakistan Oil Seed Development Fund 133.642 146.124 153.430
G12419 Research & Development Fund 1,884.714 2,295.000 2,350.000
SCP Diamer Basha and Mohmand Dam
G12421 3.974 0.236 0.239
Fund
G12504 Workers Children Education Fund - 0.240 0.252
G12612 Fund for Urdu Science Board - 3.540 3.717
G12712 Trust Interest Fund (Charitable Endowment) - 2.952 3.100
G12722 Other Miscellaneous Fund - - -
Contd….Page 62
(Rs. In Million)
Object 2021-22 2021-22 2022-23
Description
Code Budget Revised Budget
G12738 National Fund for Control of Drug Abuse 35.934 32.688 34.322
G12783 Universal Service Fund 5,945.880 6,850.000 7,100.000
G14100 Pakistan Mint - 405.000 1,570.000
G10104 Mint Receipt and Collection Account 93.714 50.000 60.000
G10102 Foreign Office Receipts & Collection Account 7,625.368 14,231.544 -
G10106 Deposit Works of Survey of Pakistan 46.116 251.052 -
Deposits of Department of Minieral
G10107 - 132.360 -
Development
G10304 Zakat Collection Account 2,152.754 2,379.432 -
G11215 Revenue Deposits 10,295.300 3,585.756 -
G11216 Civil & Criminal court Deposits 46.014 720.144 -
G11217 Personal Deposits 60,366.612 79,380.264 -
G11218 Forest Deposits - 19.788 -
G11220 Deposit in connection with Election 92.162 2.784 -
G11225 Deposits Accounts with AGPR 372.362 198.660 -
G11230 Special Remittances Deposits 5,251.478 754.044 -
Deposit local bodies to meet Claims of
G11237 - 0.252 -
contractors
G11240 Security Deposits of Cashiers etc. 386.420 45.684 -
G11255 Defence Services Security Deposits. 3,857.140 3,994.728 -
G11256 Defence Service Misc. Deposits. 177,999.000 271,540.332 -
G11276 Security deposit of Private Co. - - -
Contribution to Govt servants Housing
G11278 - 0.996 -
Foundation from its members
Withholding Tax on Profit from investment in
G11280 6,786.142 18,425.724 -
NSC
G11281 Deposits on account of fee realized by PNAC 59.146 51.192 -
G11290 Security deposit of Firms/Contractors 236.700 198.444 -
G12713 Income Tax deduction from Salaries 20.898 55.416 -
Income Tax deduction from
G12714 108.344 218.316 -
Contractors/Suppliers
Federal Civil Servant's subscription to
G12741 10.590 13.980 -
Services Book Club
G12777 Sales Tax deduction special procedure, 2007 16.686 24.960 -
Contd….Page 63
(Rs. In Million)
Object 2021-22 2020-21 2022-23
Description
Code Budget Revised Budget
Grants and Tech. Assistance from US
G13127 140.470 698.256 -
Government
G13140 GSP Receipt and Collection Account 31.022 41.304 -
Other 10.816 - -
Gross Receipts 535,165.104 489,888.000 98,567.459
Less Expenditure 519,106.536 461,450.382 94,898.032
Deposits and Reserves (Net) 16,058.568 28,437.618 3,669.427Page 64
Chapter 8: PRIVATIZATION PROCEEDS
8.1 Privatization in Pakistan is an important economic reform policy tool, for generating growth
and to expunge structural inefficiencies, by removing false barriers and opening up the economy
to competition. The Privatization is part of the economic and structural reforms agenda of
Government of Pakistan that emphises to enhance the growth and productivity of Pakistan's
economy through deregulation and good governance ,while harnessing the private sector as
engine of economic growth. It takes an integrated approach towards enhancing the private
sector’s role and goes beyond the transfer of public assets to the private sector, by identifying the
linkages and role of regulation, good governance, market competition in fostering conditions that
provide incentives for the private sector to invest in providing goods and services efficiently.
8.2 The Privatization Commission Ordinance, 2000 was promulgated on 28th September, 2000 to
establish "Privatization Commission" for implementation of privatization policy of the Federal
Government.
8.3 Section 16(2) of the said Ordinance envisages that the privatization proceeds shall be
utilized by the Federal Government as follows:-
(a) ten percent shall be used for poverty alleviation programmes ; and
(b) the remaining ninety percent for retirement of the Federal Government
debt
8.4 The estimates of privatization proceeds are given in below table
TABLE 47
Privatization Proceeds
(Rs. In Million)
2021-22 2021-22 2022-23
Description
Budget Revised Budget
E01501-02 Privatization Proceeds 252,000.000 - 96,410.000
*subject to successful process
**It also includes assets of PDFLPage 65
PART-II
EXTERNAL RECEIPTS
(ESTIMATES OF FOREIGN ASSISTANCE)Page 66
No text layer on this page, see the official PDF.
Page 67
Chapter 9: ESTIMATES OF FOREIGN ASSISTANCE
8.1 External Resources comprise Project Loans and Grants, Programme Loans and Other
Loans. A brief description is given as under;
8.1.1 The aim and objective of seeking foreign or external financial assistance may be stated
as "promoting economic and social development in the developing conuntries". It can also be
defined as "Administered transfer of resources from a donor country or international agency to
the developing countries with a view to encourage economic growth". Foreign Aid can be in the
form of money, goods or technical assistance and can be between two (bilateral) or many
(multilateral) countries/ institutions.
8.1.2 Foreign aid is also looked for to meet both economy's balance of payments gap and
investment gap. That is why project and technical assistance alone are not sufficient. A large part
of assistance is required in the shape of food and commodity aid. Project assistance does not
simply finance import of capital goods and related services but also meets a part of local currency
expenditure. Thus aid flow [project, programme and technical assistance] accompanied by
commodity imports may generate counterpart local currency funds that are used to finance
development expenditures.
8.1.3 In fact, many developing countries do not have sufficient funds to provide public goods
such as education or transportation systems or clean water and waste disposal facilities.
Although such goods are essential for development, their economic rate or return is so uncertain
that provate invertors are unwilling to provide them on a large scale. Foreign aid can substitute
for private capital in those instances, providing the funds for investment in public goods that the
international capital market will not supply to those developing countries or would supply at a high
interest rate. In principle foreign aid could be a major source of capital, fueling the growth of
development countries and helping to promote economic and human development.
8.1.4 Foreign aid is good only if it is the result of financing investment in appropriate productive
capacity. Increasing output allows debt and interest to tbe repaid. If the aid is used to finance
current account deficits/ consumption, then there is no net investment and resultant future
economic growth. Aid becomes a burden. It, therefore, entails an effective and efficient external
debt management with the objective to ensuring that the government's.
8.1.5 Foreign aid is useful if utilized productively and efficiently otherwise developing countries
are likely to face financial crises and are caught up in debt trap. The sequence of events could be
as under:-
a) As debt service liabilities rise without corresponding increase in revenue, the
government would need to set aside increasing share of budgetary resources for
debt services;
b) The level of debt service would soon begin to affect routine government
expenditure, often requiring additional borrowings to meet rising contractual
payment obligations;Page 68
c) The country would slowly slide into debt trap. More and more borrowings would
be required to service the accumulated debt, creating a vicious circle;
d) The rising debt service obligations eventually lead to default i.e. the inability to
honour principal and interest payment commitments; and
e) The default is generally followed by prolonged negotiations with the creditors
individually or collectively [Paris Club/ London Club], leading to rescheduling/
restructuring/ write off the external debt. The relief programmes generally include
reform conditions to redeem government finances and put the economy back on
the track.
8.2 Project Loans and Grants
8.2.1 Project loans and grants are received from specialized International Financial Institutions
and friendly countries with specific purposes falling under the following broad categories;
8.2.2 Project Loans & Grants for Public Sector Development Programme (PSDP)
8.2.2.3 Project loans and grants for PSDP are received for various projects being executed by
Federal Government, Provincial Government and various Autonomous Bodies such as WAPDA,
PEPCO, NHA etc.
8.2.3 Project Loans and Grants for Other than PSDP Projects
8.2.3.1 There are certain projects kept out of PSDP, which are executed by Federal Government,
Provincial Government and Autonomous Bodies by receiving project loans and grants.
8.3 Programme Loans
8.3.1 Programme loans are provided for budgetary support and are linked/tied with achievement
of specific targets and goals. Programme Loans not only stabilize foreign exchange reserves but
also generate rupee counterpart to meet country's development needs.
8.4 Other Loans
Other loans comprise loans from Islamic Development Bank, Sovereign Bonds, Sukuk Bonds, etc
received from non-traditional sources generally by way of payment as well as for budgetary
support.
8.5 The estimates of external resources for the year 2021-22(budget and revised) and 2022-23
(budget) are tabulated on the following page.Page 69
Table 1
Summary of Foreign Assistance
(Rs. In Million)
Budget Revised Budget
Description Estimate Estimate Estimate
2021-22 2021-22 2022-23
(1) PSDP Projects (A+B) 291,079.357 272,381.769 296,000.000
A. Project Loans 259,443.359 239,465.049 266,536.980
Federal Projects 20,096.104 38,620.189 13,328.810
Autonomous Bodies 73,116.528 66,427.530 43,273.430
Provinces 166,230.727 134,417.330 209,934.740
B. Project Grants 31,635.998 32,916.720 29,463.020
Federal Projects 6,028.368 12,050.180 3,397.760
Autonomous Bodies 259.000 372.280 0.000
Provinces 25,348.630 20,494.260 26,065.260
(2) Projects (Outside PSDP) 22,817.190 118,938.827 13,404.450
A. Project Loans 22,138.960 115,418.050 12,906.800
Federal Projects 22,138.960 115,418.050 12,906.800
B. Project Grants 678.230 3,520.777 497.650
Federal Projects 673.190 3,520.777 447.610
Provinces 5.040 0.000 50.040
(3) Programme Loans 438,195.100 656,092.400 1,243,141.160
(4) Other Loans 1,995,200.000 2,880,691.643 3,993,792.000
Total External Resources (1+2+3+4) 2,747,291.647 3,928,104.639 5,546,337.610Page 70
Table 2
(i) Programme Loans (Donor-Wise)
(Rs. In Million)
Budget Revised Budget
Description Estimate Estimate Estimate
S.No. 2021-22 2021-22 2022-23
1 ADB 134,088.200 136,697.050 494,284.440
2 AIIB 48,000.000 0.000 83,700.000
3 IBRD 182,550.000 20,524.000 199,578.000
4 IDA 63,636.900 181,246.350 159,608.720
5 IFAD 1,920.000 2,100.000 2,790.000
6 Pakistan Certificate 0.000 306,775.000 303,180.000
7 OFID 8,000.000 8,750.000 0.000
Total Proramme Loans 438,195.100 656,092.400 1,243,141.160
(ii) Programme Loans for Federal
and Provinces
Federal 394,305.600 600,468.030 1,182,009.720
Provinces 43,889.500 55,624.370 61,131.440
Punjab 35,689.500 34,505.800 39,455.440
Sindh 160.000 4,143.570 0.000
KPK 8,040.000 16,975.000 21,676.000
Balochistan 0.000 0.000 0.000
Total Proramme Loans 438,195.100 656,092.400 1,243,141.160Page 71
Table 3
Other Loans
(Rs. In Million)
Budget Revised Budget
S.No. Description Estimate Estimate Estimate
2021-22 2021-22 2022-23
1 IDB (Short-term) 160,000.000 232,225.000 223,200.000
2 Saudia Arabia (Oil Facility) 0.000 70,000.000 148,800.000
3 Saudia Arabia (Time Deposit) 0.000 530,249.870 558,000.000
4 Euro Bond/ International Sukuk 560,000.000 342,544.273 372,000.000
5 Commercial Banks 779,200.000 821,922.500 1,389,792.000
6 Safe China Deposit 0.000 700,000.000 744,000.000
7 IMF Loan for Budgetary Support 496,000.000 183,750.000 558,000.000
Total Proramme Loans 1,995,200.000 2,880,691.643 3,993,792.000Page 72
Table 4
Foreign Assistance for PSDP Projects
Federation and Provinces
(Rs. In Million)
Budget Revised Budget
Description Estimate Estimate Estimate
2021-22 2021-22 2022-23
(a) Federal Departments 26,124.472 50,670.369 16,726.570
Loans 20,096.104 38,620.189 13,328.810
Grants 6,028.368 12,050.180 3,397.760
(b) Autonomous Bodies 73,375.528 66,799.810 43,273.430
Loans 73,116.528 66,427.530 43,273.430
Grants 259.000 372.280 0.000
(i) WAPDA 11,010.000 29,984.970 11,044.430
Loans 10,778.000 29,615.400 11,044.430
Grants 232.000 369.570 0.000
(ii) NTDC 34,262.000 10,315.000 8,179.000
Loans 34,262.000 10,315.000 8,179.000
(iii) PPMC 5,912.000 2,984.700 1,550.000
Loans 5,885.000 2,981.990 1,550.000
Grants 27.000 2.710 0.000
(iv) NHA 22,191.528 23,515.140 22,500.000
Loans 22,191.528 23,515.140 22,500.000
(c) PROVINCES 191,579.357 154,911.590 236,000.000
Loans 166,230.727 134,417.330 209,629.960
Grants 25,348.630 20,494.260 26,065.260
(i) PUNJAB 50,114.240 50,692.129 58,524.968
Loans 47,803.024 47,090.309 56,182.488
Grants 2,311.216 3,601.820 2,342.480
(ii) SINDH 70,758.696 45,139.470 91,544.940
Loans 65,315.421 42,556.100 77,793.030
Grants 5,443.275 2,583.370 13,751.910
(iii) KHYBER PAKHTUNKHWA 53,729.121 47,306.290 71,515.400
Loans 41,812.282 35,246.320 63,254.200
Grants 11,916.839 12,059.970 8,261.200
(iv) BALOCHISTAN 16,977.300 11,773.701 14,414.692
Loans 11,300.000 9,524.601 12,705.022
Grants 5,677.300 2,249.100 1,709.670
Total External Resources for PSDP 291,079.357 272,381.769 296,000.000
Loans 259,443.359 239,465.049 266,536.980
Grants 31,635.998 32,916.720 29,463.020Page 73
Table 5
Foreign Assistance for PSDP Projects
(Loans and Grants Wise Break-up)
(Rs. In Million)
Budget Revised Budget
Description Estimate Estimate Estimate
2021-22 2021-22 2022-23
a) Project Loans for PSDP 259,443.359 239,465.049 266,536.980
(i) Federal Projects 20,096.104 38,620.189 13,328.810
(ii) Autonomous Bodies 73,116.528 66,427.530 43,273.430
(iii) Provinces 166,230.727 134,417.330 209,934.740
b) Project Grants for PSDP 31,635.998 32,916.720 29,463.020
(i) Federal Projects 6,028.368 12,050.180 3,397.760
(ii) Autonomous Bodies 259.000 372.280 0.000
(iii) Provinces 25,348.630 20,494.260 26,065.260
Total Loans and Grants for PSDP 291,079.357 272,381.769 296,000.000
Table 6
Foreign Assistance Projects (Outside PSDP)
(Rs. In Million)
Budget Revised Budget
Description Estimate Estimate Estimate
2021-22 2021-22 2022-23
Loans/Grants Wise Break-up
Federal Government 22,812.150 118,938.827 13,354.410
Loans 22,138.960 115,418.050 12,906.800
Grants 673.190 3,520.777 447.610
Provinces 5.040 0.000 50.040
Grants 5.040 0.000 50.040
Total Project Loans 22,138.960 115,418.050 12,906.800
Total Project Grants 678.230 3,520.777 497.650
TOTAL:- PROJECT LOANS AND 22,817.190 118,938.827 13,404.450
GRANTS OUTSIDE PSDPPage 74
Project Loans
Federal PSDP Projects
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
FEDERAL PROJECTS
ADB 2,489.690 2,416.342 110.000
Water Resource Development Project
1,269.690 0.000 0.000
(Meged Districts of KP)
Pakistan Single Window (PSW)
500.000 0.000 50.000
Programme.
Naulong Storage Dam Project. 50.000 0.000 10.000
Development of Integrated Transit
670.000 2,416.342 50.000
Management System.
IDA 4,830.396 13,590.630 6,827.700
Disaster & climate resilience Multi
720.000 832.490 0.000
Sector Projects in AJK
Pakistan Financial Inclusion and
200.000 200.000 227.700
Infrastructure Project
Higher Education Development
1,750.000 875.000 1,000.000
Programme in Pakistan.
Response, Recovery & Resilience in
1,000.000 0.000 0.000
Education Program in Post Covid-19
Pandemic Response Effectiveness
160.396 266.370 500.000
Project.
Locust Emergency & Food Security
1,000.000 3,500.000 800.000
Project.
Pakistan Raises Revenue Project 0.000 134.770 50.000
Tarbala 4th Extension Hyd Power Proj 0.000 3,500.000 700.000
Dassu Hydro power proj 0.000 4,282.000 3,000.000
Digital Economey Enhancement Project 0.000 0.000 100.000
Policy Investment statistics Support Proj 0.000 0.000 200.000
National Health Support Programme 0.000 0.000 250.000
IDB 1,230.000 0.000 0.000
Reconstruction & Rehabilitation of 277
Flood Damaged School Buildings in 10 615.000 0.000 0.000
Districts of AJK
Basic Education for all 615.000 0.000 0.000Page 75
Project Loans
Federal PSDP Projects
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
TURKISH EXIM BANK 0.000 0.000 0.000
35 MW Nagdar HPP 0.000 0.000 0.000
40 MW Dowarian HPP 0.000 0.000 0.000
CHINA 7,246.018 915.390 1,403.110
Gawadar Smart Enviromental and
400.000 0.000 0.000
Sanitation System and land fill.
26 MW Shagarthang HPP Skardu 0.000
Construction of Expressway on Eastbay
1,856.544 915.390 0.000
of Gawadar Port
Upgradation of Pakistan Railway
existing main line-1 (ML-1) and
2,989.474 0.000 100.000
Establishment of Dry Port near Havelian
(2018-2022)
Pakistan Multi Missions Satellite (PAK
100.000 0.000 498.040
SAT. MM1)
Pakistan Space Centre, Islamabad,
1,900.000 0.000 805.070
Lahore and Karachi.
KUWAIT 0.000 235.217 179.620
35 MW Nagdar HPP 0.000 0.000 64.810
40 MW Dowarian HPP 0.000 0.000 64.810
Reeconstruction of 30 Colleges 0.000 49.217 0.000
10 University
Agreement for a supplimentary loan 0.000 186.000 0.000
for the financing of the Golen HPP
Establishment of 40 MW Dpwarian 0.000 0.000 50.000
Hydero poer Project
FRANCE 512.798 3,175.000 757.570
48 MW Jagran HPP-II, AJK 500.000 1,400.000 500.000
Capacity building of AJK Power
12.798 7.000 5.570
Development Organization
Warsak Hydropower Project-II 441.000 60.000
Darigai HPP 0.000 70.000
Rehabilitation of Mangla Hydro Power
1,312.000 0.000
Proj.
Chitral Hydro Power Proj. 10.000 50.000
Keyal Khwar 0.000 64.000
Harpo HPP 5.000 8.000Page 76
Project Loans
Federal PSDP Projects
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
IFAD 2,000.000 1,837.500 200.000
Economic Transformation ETI-GB. 2,000.000 1,837.500 200.000
KOREA 1,250.000 2,704.110 499.000
Establishment of IT Park,Karachi 0.000 0.000 90.000
Technology Parks Development Project
at Islamabad. 1,250.000 2,704.110 409.000
SAUDI ARABIA 537.202 395.300 414.810
48 MW Shouter HPP 0.000 0.000 64.810
Diamer Bhasha Dam 500.000 0.000 0.000
220MW Jagran-IV HPP 37.202 0.000 300.000
Golden Gol Hydero Power Proj 0.000 395.300 50.000
AIIB
Terbala 5th Extension HPP 0.000 6,750.000 1,704.000
IsDB
Recostruction & Rehabilitation of 277
Flood damage School Building in 10 0.000 1,586.000 0.000
Distric of AJK
OFID
Golen Gloe Hydro Power Proj 0.000 3.700 150.000
Germany 0.000 1,478.000 288.000
Harpo hydero Power Proj 0.000 5.000 2.000
Warsak HPP ( Rehab:Phase-2) 0.000 1,215.000 50.000
Keyal Khwar Poewer hyderopower proj 0.000 258.000 236.000
IBRD
Terbala 5th Extension HPP 0.000 2,988.000 0.000
JAPAN
Covid-19 Emergency ICT 0.000 0.000 500.000
EIB
Warsak HPP ( Rehab:Phase-2) 0.000 545.000 295.000
Total Loans for Federal Projects 20,096.104 38,620.189 13,328.810Page 77
A. Project Loans for PSDP
Loans for Autonomous Bodies
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
(i) WATER & POWER DEVELOPMENT
AUTHORITY (POWER)
ADB 0.000 22,955.400 7,535.260
Thermal For Installation of New Coal
Fired Power Plant having Capacity
2x660 MW at Jamshoro. 0.000 19,250.000 4,085.260
500 KV Faisalabad New (2*750)(Now
500 Kv Faisalabad west 0.000 600.000 250.000
i. 200kv Jauharabad G/S (ii) 500 KV
Lahore North (iii) 500 KV Maria St. 0.000 3,100.000 1,300.000
i.DI khan Zhob T/L and Zhob S/S
(ii)220 KV Mirpur khas
(iii) Guddu-Sibbi T/L
(iv) upgradation of NTDC 0.000 5.400 1,900.000
OPEC 32.000 0.000 0.000
Golan Gol HPP 32.000
Neelum Jhelum HPP
GERMANY 734.000 0.000 5.000
220 KV Grid station Ghazi Road 0.000 5.000
Establishment of Pakistan Glacier 70.000 0.000 0.000
Keyal Khawar HPP 214.000 0.000 0.000
Keyal Khawar HPP 450.000 0.000 0.000
KUWAIT 201.000 0.000 0.000
201.000 0.000 0.000 Golan Goal HPP.
IDA 3,950.000 510.000 3,000.000
Addl. Finance for CASA 0.000 500.000 350.000
CASA 1000 800.000 10.000 350.000
Dargai HPP 3,150.000
Electricity Distribution Efficiency Impro. 0.000 0.000 2,300.000
SAUDI ARABIA 64.000 0.000 0.000
Neelum Jhelum HPP (11/506)
Golan Gol HPP-Additional (14/609) 64.000 0.000 0.000
Contd….Page 78
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
FRANCE 1,012.000 0.000 54.170
Rehabilitation of Mangla Hydropower
Project. 540.000 0.000 0.000
Warsak Hydropower Project-II 200.000 0.000 0.000
Dargai HPP 50.000 0.000 0.000
Dargai HPP 20.000 0.000 0.000
AFD Support to PPIB for Tariff Bas
0.000 0.000 54.170
Bidding & Review of Feasibility Study.
Warsak Hydropower Project-II 103.000 0.000 0.000
34.5 MW Harpo.HPP Skardu
(Co.Financing KFW) 10.000 0.000 0.000
Chitral Hydel Power Station Capacity
Enhancement from 1 MW to 5 MW 89.000 0.000 0.000
IBRD 3,254.000 3,950.000 0.000
Terbela 5th Extension HPP. 3,254.000 0.000 0.000
Addl. Finance Dasu Hydro (Solar) 0.000 3,950.000 0.000
AIIB 1,394.000 0.000 0.000
Tarbela 5th Exten. HPP (1410 MW)
1,394.000 0.000 0.000
Sawabi
IsDB 0.000 2,000.000 350.000
0.000 2,000.000 350.000
Electricity Trans and Trade Pro (CASA)
JAPAN 0.000 200.000 100.000
2nd Source of Supply 200KVI/Abad
University S/S (Now 220 KV
Transmission System Network
Reinforcement in Islamabad & Burhan)
0.000 200.000 100.000
EIB 137.000 0.000 0.000
Warsak HPP Rehabilitation Phase-II. 137.000 0.000 0.000
Keyal Khwar HPP.
Total-Loans for WAPDA(Power) 10,778.000 29,615.400 11,044.430
(ii) NTDC
JAPAN 670.000 500.000 0.000
2nd Source Supply 200KV Abad
670.000 500.000 0.000 University S/S
Contd…Page 79
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
ADB 17,150.000 150.000 1,109.000
500/220 kv Sialkot Sub-Station (NTDC) 0.000 0.000 100.000
Jamshoro Power Generation Project 17,000.000 0.000 0.000
220KV Head Faqiran G/S alonwith allied
T/L 0.000 0.000 5.000
220KV Mastung G/S alonwith allied T/L
0.000 0.000 2.000
500 KV Vehari Grid Station
150.000 0.000 100.000
220 KV Dharki Rahimyar Khan
Bahawalpur (NTDC) 0.000 0.000 2.000
Installation of Pilot Battery Energy
Storage System at 220 KV Jhimpir 0.000 0.000 150.000
Evacuation of Power from Suki Kinari
Kohala, Mahal HPPs (NTDC)
0.000 0.000 600.000
220 KV Arif Wala Sub Station 0.000 0.000 100.000
2nd Power Trans. Enh. Invest 0.000 150.000 0.000
Improvement & Upgration of Protection
System to avoid the Frequent Tripping in
South Area 0.000 0.000 50.000
GERMANY 160.000 50.000 110.000
220KV G/S Ghazi Road 10.000 0.000 0.000
Evacuation of Power from 500 MW
Wind Power Plants Jhimpir Clusters. 0.000 50.000 100.000
500 KV Chakwal Grid Station alongiwth
150.000 0.000 10.000
Allied Transmission Lines
IDA 6,000.000 4,725.000 1,500.000
Evacuation of power from 2160MW
4,000.000 4,375.000 1,500.000
Dasu HPP Stage-I
Dasu Transmission Lines 2,000.000 350.000 0.000
IBRD 10,282.000 4,890.000 5,455.000
Evacuation of Power from Tarbella 5th 1,782.000 350.000 3,000.000
capacity of NTDC System. 900.000 4,540.000 1,600.000
500 KV Islamabad West 5,000.000 0.000 650.000
220 KV Mustung Grid Station alongwith 1,500.000 0.000 0.000
Conversion from 220-KV AIS Grid 500.000 0.000 5.000
220-KV Jamrud G/S alongwith Allied T/Ls 100.000 0.000 0.000
T/Ls
National Transmission Project. Moder. 1 500.000 0.000 200.000
AIIB
220KV Head Faqirian G/S alongwith T/L 0.000 0.000 5.000
Total:- Loans for NTDC 34,262.000 10,315.000 8,179.000
Contd…Page 80
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
(iii) PPMC
IDA
Electricity Distribution efficiency
Improvement Project (MAPCO) 0.000 0.000 50.000
ADB 5,885.000 2,981.990 1,500.000
Jamshoro Power Generation Project 0.000 0.530 0.000
Jamshoro Power Generation Project 0.000 731.500 0.000
Zohob Tranmission Line 1,500.000 0.000 0.000
MFF-II: Power Distribution Enhancement
Investment Program Tranche-1
(Advance Metering Project for LESCO
50.000 49.960 0.000
Wind Power Plan
25.000 0.000 0.000
MFF-II: Power Distribution Enhancement
Investment Program SC (Advance
Metering Project for IESCO
10.000 0.000 1,500.000
MFF-II: Power Distribution Enhancement
Investment Program SC (Advance
Metering Project for IESCO
0.000 2,200.000 0.000
500-KV Lahore, North 1,000.000 0.000 0.000
Evacuation of Power from Suki Kinari,
Kohala, Mahal HPPs (500 KV Maira
Switching Station) 50.000 0.000 0.000
200-KV Jauarabad G/S alongwith allied
T/Ls 250.000 0.000 0.000
220KV Mirpurkhas G/S
900.000 0.000 0.000
Transmission Line for Improvement of
Supply System 900.000 0.000 0.000
Telecommunication & SCADA
1,200.000 0.000 0.000
Total:- Loans for PPMC 5,885.000 2,981.990 1,550.000
Contd…Page 81
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
(iv) NATIONAL HIGHWAY AUTHORITY
ADB 10,550.000 4,555.140 10,500.000
Motorway M-4 Gojra Shorkot Section 0.000 530.140 0.000
D.G Khan - D.I Khan (N-55) -245 Km
CARREC Corridor). 1,000.000 0.000 1,000.000
CARREC-DIP -Project 3,500.000 1,750.000 4,000.000
Construction additional Carriage Way
Shakarpur-Rajanpur Section N-55. 4,000.000 0.000 3,500.000
Post-Flood National Highways
Rehabilitation of National Highways due
to unprecedented rains & flash Floods
2010 (Revised) 1,800.000 2,275.000 1,000.000
Construction of Rajanpur-DG Khan as a
Fourlane Highway 250.000 0.000 1,000.000
CHINA 2,500.000 18,000.000 6,500.000
Dualization of Yarik-Mughalkot-Zhob
Section of N-50 (210 km) CPEC
Western Alignment including Zhob
Bypass and Land Acquisition 600.000 0.000 3,000.000
Havelian to Thakot KKH Phase-II 1,000.000 2,000.000 500.000
Multan- Sukkur Section (387 km) Credit
Financing (90:10) (PKM) 900.000 16,000.000 3,000.000
JAPAN 700.000 400.000 0.000
East West Road =Rakhi-Gaj-Bewata. 700.000 400.000 0.000
KOREA 850.000 210.000 1,500.000
Construction of Malakand Tunnel on N-
45 200.000 0.000 500.000
Improvement & widening of Chakdara
Chitral Section N-45 (141Km) 650.000 210.000 1,000.000
IDA 7,541.528 350.000 2,000.000
Khyber Pass Eco. Corridor 7,541.528 350.000 2,000.000
SAUDIA ARABIA 50.000 0.000 2,000.000
Construction of Highway from
Athmuqam to Taobutt including two
tunnels in Neelum Valley 50.000 0.000 1,000.000
Construction of Muzaffarabad Mansehra
Road. 0.000 0.000 1,000.000
AIIB 0.000 0.000 0.000
Motorway M-4 Shorkot Khanewal
Section 0.000
Total-Loans for NHA 22,191.528 23,515.140 22,500.000
Total-Loans for Autonomous Bodies 73,116.528 66,427.530 43,273.430
WAPDA 10,778.000 29,615.400 11,044.430
NTDC 34,262.000 10,315.000 8,179.000
PPMC 5,885.000 2,981.990 1,550.000
NHA 22,191.528 23,515.140 22,500.000Page 82
A. Project Loans for PSDP
Loans for Provinces
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
(i) PUNJAB
IDA 11,789.874 11,094.650 14,435.020
Disaster & climate resilience Multi
4,269.834 5,356.400 0.000
Sector Projects
Drought Mitigation & Climate Resilience
0.000 0.000 186.000
Project,
Punjab Urban Land system
0.000 0.000 930.000
Enhancement Project.
Punjab Tourism for Economic Growth
2,430.000 1,750.000 2,840.000
Project
Punjab Urban Land Record 0.000
GRADES 0.000 0.000 3,720.000
Punjab Human Capital Investment
5,090.040 3,900.750 4,618.380
Project.
Punjab Rural Sustainable water supply 0.000 87.500
2,140.640
ADB 24,916.866 14,766.099 35,734.788
Trimmu & Punjnand Improvement
1,500.000 1,800.000 1,175.000
Project
Construction of Jalalpur Irrigation
5,483.000 3,797.500 5,952.000
Project
Trimmu & Punjnand Improvement
1,050.000 700.000 1,325.000
Project
Punjab Water Reso.Mana. Project 0.000 143.849 260.408
Enhancing PPPs in Pakistan (Punjab) 1,286.280 1,557.500 5,449.800
Project Readiness Financing for Punjab 280.000 0.000 0.000
Punjab urbal Development Projects 991.440 329.000 805.380
Improving workforece readiness in
16.200 0.000 0.000
Punjab
Punjab Agriculture Markets Devlopment
4,860.000 0.000 0.000
Projects.
Punjab Agriculture Roads
810.000 0.000 9,300.000
Improvements Programme
Greater Thal Canal Project 1,957.446 0.000 2,827.200
Punjab Intermediate Improvement
6,682.500 6,438.250 8,640.000
Investment Programme
Contd…Page 83
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
IBRD 5,224.500 4,900.000 558.000
Punjab Irrigated Agriculture Productivity
5,224.500 4,900.000 0.000
Improvement (Additional Financing)
Punjab Resilience & Inclusive Agri.
0.000 0.000 186.000
Transformation
Punjab RES IMP&DIGI EFF(PRIDE) 0.000 0.000 372.000
IFAD 2,880.000 2,262.840 2,950.050
Southern Punjab Poverty Alleviation
2,560.000 1,956.150 2,625.050
Project
Rural Employment & Agriculture
0.000 0.000 325.000
Promotion
Southern Punjab Poverty Alleviation
320.000 306.690 0.000
Project
CHINA 0.000 13,978.870 0.000
Orange Line in Lahore Project.(34377) 0.000 13,978.870 0.000
France 991.784 87.850 1,648.890
Extension of Water Resources,
343.784 87.850 1,395.000
Faisalabad City face-II
Heritage & Urban Regenration in
648.000 0.000 253.890
Walled city of Lahore.
AIIB 2,000.000 0.000 2.000
Sewerage Scheme for Lorech Colony to
1,000.000 0.000 1.000
Ghulshan-e-Ravi
Construction of Surface water treatment
1,000.000 0.000 1.000
plant at BRBD
DANIDA
Construction of Eastern Wast Waster
0.000 0.000 853.740
Treatment Plant at Faisalabad City
Total-Loans for Punjab 47,803.024 47,090.309 56,182.488
Contd…Page 84
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
(ii) SINDH
IDA 20,719.147 25,969.500 36,534.000
Sindh Resilence Project (Irrigation
Component) 1,000.000 13,640.750 9,855.000
Sindh Irrigated Agriculture Productivity
Enhancement Project 1,935.660 2,768.150 50.000
Sindh Barrages Improvement Project 3,710.000 1,629.330 0.000
Sindh Resilience Project 1,203.940 2,904.540 4,787.000
Karachi Neighbourhoods Improvement
Project 3,673.550 3,033.760 6,492.000
Sindh Solar Energy Project 4,500.000 860.980 4,600.000
Karachi Water & Sewerage Services
Improvement Project 1,958.862 834.240 1,750.000
Sakkhar Barrages Additional Financing
2,737.135 297.750 9,000.000
IBRD 11,104.110 9,748.130 18,541.220
Karachi Mobility Project 4,640.000 300.000 5,000.000
Competitive and Livable City of Karachi
(CLICK) 5,664.110 9,212.660 11,586.040
Solid Waste Emergency Efficiency
Project 800.000 235.470 1,955.180
ADB 22,616.810 3,720.260 15,018.000
Karachi Sustainable Bus Rapid Transit
Project. 9,743.365 2,000.000 4,954.000
Sindh Province Road Improvement
Project 50.000 904.320 0.000
Enhan.Public Private Partnership in
Sindh 10,313.685 727.940 8,000.000
Sindh Secondary Education
Improvement Project. 2,509.760 88.000 2,064.000
KOREA 2,704.800 1,686.970 2,321.810
Establishment of children Hospital 2,704.800 1,686.970 2,321.810
Sukkur
AIIB 5,064.708 834.240 1,750.000
Karach Water & Sewerage Services
1,958.862 834.240 1,750.000
Improvement Project (WB Co-Finance)
Karachi Bus Rapid Transit Facility 3,105.846 0.000 0.000
France 3,105.846 597.000 3,628.000
Karachi Bus Rapid Transit Facility 3,105.846 597.000 3,628.000
Total-Loans for Sindh 65,315.421 42,556.100 77,793.030
Contd…Page 85
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
(iii) KHYBER PAKHTUNKHWA
ADB 25,619.716 17,460.360 20,956.800
FATA Water Resource Dev. Project 0.000 875.000 1,287.000
Peshawar Bus Rapid-Terminal 6,311.596 962.500 911.400
Balakot HPP (300 Mw) District
Mansehra 5,000.000 9,900.350 5,000.000
Provincial Roads Rehabilitation Project 5,000.000 1,120.000 5,280.000
Access to Clean Energy (MHP) 2,100.000 0.000 -
Detailed Design and Const. of Pehur
High Level Canal Extension District
Swabi 1,421.000 1,225.000 1,500.000
KP Intermediate Cities Improv. Project-
787.120 0.010 500.000
Phase-II
KP Intermediate Cities Improv. Pproject
0.000 262.500 280.000
(PRF-I)
KPK Rural Roads Dev. Project 0.000 0.000 2,000.000
KPK Roads Improvement Project 0.000 52.500 167.400
KP Provincial Roads Improvement
Project (Additional Financing) 5,000.000 3,062.500 4,031.000
JAPAN 3,189.220 0.000 100.000
KP Emergency Road Rehabilitation
Project. 109.220 0.000 0.000
KP Rural Roads Improvement &
Rehabilitation Project-II 3,080.000 0.000 100.000
IDA 10,491.346 7,970.460 15,893.800
KP Irrigated Agriculture Improvement
Project 4,109.336 4,037.000 3,393.800
Preparation Advance Facility of World
Bank proposed KPK Hydro Power Dev.
Project 300.000 0.000 0.000
KP Urban Management 0.000
KP Human Capital Project 1,500.000 500.000 2,700.000
KP Renewable Energy Project 1,632.000 0.460 0.000
Integrated Tourism Area Development
Program 1,050.000 3,000.000 4,500.000
National Health Support Programme 0.000 0.000 1,000.000
Khyber Pass Eonomic Corridor Project
0.000 352.000 800.000
Kyber Pakhtunkhwa Cities Digital
Transformation Centres 0.010 0.000 0.000
KPK Rural Accessibility Project 0.000 0.000 1,500.000
Refugees & Host Communities under
IDA-18-Regional Sub Window 1,900.000 81.000 2,000.000
Contd…Page 86
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
SAUDI ARABIA 480.000 480.000 1,586.000
Construction of Infrastructure Malakand
Region Project 480.000 480.000 1,586.000
GERMANY 500.000 0.000 0.000
Land fill and STP sites for KPCIP
WSSC's 500.000 0.000 0.000
KP Hydro & Renewable Energy
IBRD Development 1,032.000 750.000 3,085.000
1,032.000 750.000 3,085.000
CHINA 400.000 500.000 1,110.000
Reconstruction / Rehabilitation of fully
damaged schools in Bara District 400.000 500.000 1,110.000
ITALY 100.000 20.000 250.000
Promotion of Olive in Khyber
Pakhtunkhwa 100.000 0.000 0.000
Establishment of Heritage Field Schools
in KPK 0.000 20.000 250.000
FRANCE
Peshawar Sustaiable Bus Rapid 0.000 7,715.500 5,961.600
AIIB 0.000 350.000 13,811.000
KP Cities Improvement Project 0.000 350.000 5,811.000
Balakot Hydropower Dev. Project. 0.000 0.000 8,000.000
IFAD
Rural Economic Transformation Project 0.000 0.000 500.000
Total-Loans for Khyber Pakhtunkhwa 41,812.282 35,246.320 63,254.200
(iv) BALOCHISTAN
IDA 9,000.000 6,993.800 7,220.620
Balochistan Integrated Water Resource
Project 7,000.000 6,507.600 5,220.000
Balochistan Human Capital Project 2,000.000 486.200 2,000.620
IFAD 800.000 255.801 1,764.402
Gawadar Labella Livelihood Project 800.000 255.801 1,764.402
ADB 1,500.000 2,275.000 3,720.000
Water resource management project 1,500.000 2,275.000 3,720.000
Total-Loans for Balochistan 11,300.000 9,524.601 12,705.022
Total-Loans for Provinces 166,230.727 134,417.330 209,934.740
Punjab 47,803.024 47,090.309 56,182.488
Sindh 65,315.421 42,556.100 77,793.030
Khyber Pakhtunkhwa 41,812.282 35,246.320 63,254.200
Balochistan 11,300.000 9,524.601 12,705.022
Total-Project Loans 259,443.359 239,465.049 266,536.980
Federal Projects 20,096.104 38,620.189 13,328.810
Autonomous Bodies 73,116.528 66,427.530 43,273.430
Provinces 166,230.727 134,417.330 209,934.740Page 87
A. Projects Grants for PSDP
Grants for Federal Projects
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
FEDERAL PROJECTS
USA 669.610 7,347.770 2,114.080
US-Need Based Merit Scholarships for
Pakistani University Students
Programme (Phase-II) 250.000 0.000 0.000
Mohmand Area Development Project
Strengthening of Health Services 0.000 56.000 56.580
US-Need Base Merit Scholarship for
0.000 253.870 250.000
pakistani university students
Mangla Refurbishment & Upgration 0.000 2,483.000 1,200.000
Bajaur Area Development Project
Strengthening of Health Services
92.000 0.000 0.000
Academy
Rennovation & Construction of Offices,
Women Barracks and Multipurpose 127.610 56.100 107.500
Training Rooms.
Gomal Zam Dam Irrigation
Kurram Tangi Dam-I (Katu Weir) 200.000 4,498.800 500.000
GERMANY 50.000 59.990 120.000
Social health Protection (P-II) 0.000 4.480 100.000
Social health Protection (GB) 0.000 5.510 0.000
Safe Blood transfusion Program Ph-II. 50.000 50.000 20.000
SAUDI ARABIA 500.000 666.700 50.000
Reconstruction Projects in Education
Governance and health 0.000 666.700 0.000
Islamabad General Hospital at
Tarlai,ICT Islamabad 500.000 0.000 50.000
Islamabad General Hospital at
Tarlai,ICT Islamabad
JAPAN 3,722.650 2,178.520 303.530
Installation of Weather Surveillance
RADAR in Karachi 235.000 0.000 0.000
Installation of Weather Surveillance
RADAR in Multan 515.000 0.000 5.000
Installation of Weather Surveillance
RADAR in Sukkur. 350.000 101.520 5.000
The Project for the Extension of
Initiative Care Centre at PIMS 2,077.000 2,077.000 0.000
Establishment of Business Park at
Korangi Fish Harbour 281.050 0.000 245.860
Establishment of Cold Stroage &
Freezing Tunnesl. 170.100 0.000 41.930
Modification of Auction Hall 94.500 0.000 5.740
Contd…Page 88
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
ADB 0.000 0.000 50.000
Kurram Tangi Intagrated Water
Resources Development Project 0.000 0.000 50.000
IsDB 86.108 25.200 0.000
Reverse linkage Project between Pakistan
Meteorological Deptt. & Marmara Research
Centre (MRC). (Turkey-IDB) 86.108 25.200 0.000
Basic Education for All 0.000
CHINA 500.000 0.000 105.150
New Gawadar International Airport.
PTV Terrestrial Digitalization of DTMB
through Grant in Aid 500.000 0.000 100.000
Establishment of New Generation 0.000 0.000 5.150
Geodetic Datum of Pakistan
Establishment of SINO Pak 0.000 0.000 0.000
for Artifical Integance
KOREA 0.000 0.000 50.000
Establishment of Pak Korea Nutritution
Centre (PKNC) to improve chidi and
community nutrition 0.000 0.000 50.000
OMAN 500.000 0.000 0.000
New Gawadar International Airport. 500.000
UNICEF
Child Labour survey, Islamagad ICT. 0.000 0.000 40.000
FRANCE 0.000 309.000 65.000
Warask Rehabilitation HPP 0.000 309.000 65.000
High Impact Skills Boot Camp Islamabad
& Karachi. 0.000 0.000 0.000
IDA
Response Recovery & Resilience in
Education Programme in Post Covid-19 0.000 1,463.000 500.000
Total-Grants for Federal Projects 6,028.368 12,050.180 3,397.760Page 89
A. Projects Grants for PSDP
Grants for Autonomous Bodies
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
(i) WATER AND POWER DEVELOPMENT
AUTHORITY (POWER)
USA 232.000 369.570 0.000
Mangla Refurbishment & Upgradation
Project 232.000 0.000 0.000
Tarbela Dam Rapir and Maintenance 0.000 369.570 0.000
Total:- Grants WAPDA (Power):- 232.000 369.570 0.000
(ii) PPMC
ADB
Sector Power Transmission
0.000 2.710 0.000
Enhancement Investment PP-II
FRANCE
AFD support to PPIB for Tariff based
bidding and review of feasibility studies
and capacity building 27.000 0.000 0.000
ADB
Sector Poweer Transmission
Enhancement Investment PP-3 0.000 2.710 0.000
Total:- Grants PPMC- 27.000 2.710 0.000
Total-Grants for Autonomous Bodies 259.000 372.280 0.000
WAPDA(Power) 232.000 369.570 0.000
PEPCO 27.000 2.710 0.000Page 90
A. Project Grants for PSDP
Grants for Provinces
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
(i) PUNJAB
ADB 259.000 0.000 0.000
Enhancing Public Private Partnership in
Punjab 259.000 0.000 0.000
UK 259.200 1,795.500 0.000
Enhancing PPPs in Pakistan (Punjab) 259.200 0.000 0.000
Punjab Education Sector Programm-II 0.000 1,795.500 0.000
JAPAN 202.500 192.500 1,357.800
Enhancing PPPs in Pakistan (Punjab) 202.500 192.500 1,357.800
IDA 1,346.544 0.000 0.000
National Immunization Support
Programme. 1,346.544 0.000 0.000
IFAD 243.972 259.000 166.280
Southern Punjab Poverty Alleviation
Project. 243.972 259.000 166.280
IBRD
National Immunization Support
Programme. 0.000 1,354.820 818.400
Total- Punjab Grants:- 2,311.216 3,601.820 2,342.480
(ii) SINDH
JAPAN 100.000 90.100 1,332.400
Estt. Of Maternal & Child Health Care
Centre at Liaquat University, Jamshoro
0.000 40.100 1,232.400
Project for Improvement of Livelihood
and well being of female Home Based
Workers. 100.000 50.000 100.000
USA 4,703.275 1,370.270 2,996.750
Municipal Service Delivery 3,000.000 700.000 1,228.000
Strengthining of Technical Capacity of
Government of Sindh 88.275 82.270 75.580
Sindh Basic Education Project 1,615.000 588.000 1,693.170
IDA 0.000 0.000 5,200.000
Sindh human capital Project (SELECT) 0.000 0.000 5,200.000
Contd…Page 91
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
AIIB 640.000 1,088.000 3,574.760
Karachi Water & Sewerage Improvement 640.000 640.000 21.760
Karachi Bus Rapid Transit Facilit-Red.
Lines 0.000 448.000 3,553.000
IBRD
Sind Human Capital Project- Sindh Early
0.000 35.000 648.000
Learning Enhancement
Total Grants for Sindh 5,443.275 2,583.370 13,751.910
(iii) KHYBER PAKHTUNKHWA
GERMANY 1,238.449 1,038.900 2,011.000
Social Health Protec. Initiatives for KP 322.000 0.000 100.000
Establishment of Blood Transfusion
Centres in KP, Phase-II 166.449 166.000 89.000
Regional Infrastructure Fund. 0.000 0.000 200.000
Billion Tree Aforestation Project. 0.000 0.000 300.000
Social Health Project. 0.000 22.900 0.000
Promoting Sustainable Urban
Development through Resilient
Resource Management. 300.000 300.000 825.000
Regional Infrastructure Fund KPK. 450.000 550.000 497.000
MDTF 3,394.400 4,458.000 2,131.000
Economic Revitalization of KP 0.000 758.000 0.000
Digital Jobs for KP 224.000 530.000 0.000
CASA CSP 1000. 1,978.400 1,978.000 1,558.000
KP Southern Area Dev. Project 1,192.000 1,192.000 573.000
UK 0.000 1,073.000 10.000
KPK Education Sectore Programme 0.000 1,073.000 10.000
USA 7,083.990 3,262.250 933.000
KP Reconstruction Program. 1,150.560 780.000 428.000
Municipal Service Delivery 956.000 0.000 0.000
KP Municipal Service Programme 0.000 2,252.000 20.000
Gomal Zam Dam Command Area Dev. 600.000 210.250 386.000
UNICEF Multi-Year Work Plan 2,000.000 0.000 0.000
Torghar Integrated Area Dev. Project 20.000 20.000 99.000
Merged Areas Infrastructure Programme 2,357.430 0.000 0.000
GAVI 0.000 0.000 0.000
Strengthening of Expanded Program on
Immunization. 0.000 0.000 0.000
Contd…Page 92
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
Japan 200.000 0.000 100.000
Gravity flow Water Supply Scheme for
Haripur City. 0.000 0.000 100.000
The Restoration of Livelihoods in
Merged Areas of KP 200.000 0.000 0.000
KOREA
Gravity Based Safe Drinking Water
Supply System in Havelian Abbatabad
0.000 0.000 300.000
IBRD 0.000 822.820 228.000
Pak.Comm.Support Project-II 0.000 367.140 0.000
Pak.Comm.Support Project 0.000 170.680 0.000
FATA Governance and Policy Prog. 0.000 285.000 228.000
EU
KP District Governance and Community
Dev program 0.000 1,300.000 2,418.000
ADB
KP City Improvement Project 0.000 105.000 130.200
Total Grants for Khyber Pakhtunkhwa 11,916.839 12,059.970 8,261.200
(iv) BALOCHISTAN
MDTF 3,680.000 1,291.280 372.000
Enhance. Nutrition for Mother & Children.
Governance & Policy Reform Program 1,280.000 1,203.780 186.000
Balochistan Livelihood and
Entrepreneurship Project 2,400.000 87.500 186.000
SAUDI ARABIA 461.300 0.000 0.000
Reconstruction of Permanent Houses in
Awaran, Balochistan 461.300 0.000 0.000
EU 0.000 93.240 191.740
Growth for Rural Advancement
0.000 5.740 5.740
Balochistan Rural Development and
Community Empowerment Project 0.000 87.500 186.000
ADB 0.000 131.810 93.000
Water Resources Management Project 0.000 131.810 93.000
GAVI 0.000 0.000 0.000
Strengthening of Expanded Program on
Immunization 0.000 0.000 0.000
OMAN 1,536.000 647.500 930.000
Small Development Project in District
Gawadar 1,536.000 647.500 930.000Page 93
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
IFAD
Gwadar Lasbela Livelihood Support. 0.000 85.270 122.930
Total-Grants for Balochistan 5,677.300 2,249.100 1,709.670
Total-Grants for Provinces 25,348.630 20,494.260 26,065.260
Punjab 2,311.216 3,601.820 2,342.480
Sindh 5,443.275 2,583.370 13,751.910
Khyber Pakhtunkhwa 11,916.839 12,059.970 8,261.200
Balochistan 5,677.300 2,249.100 1,709.670
Total-Project Grants 31,635.998 32,916.720 29,463.020
Federal Departments 6,028.368 12,050.180 3,397.760
Autonomous Bodies 259.000 372.280 0.000
Provinces 25,348.630 20,494.260 26,065.260
Total-Project Aid (Loans + Grants) 291,079.357 272,381.769 296,000.000Page 94
B. Project Loans Outside PSDP
Loans for Federal Government
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
IDA 6,400.000 3,911.250 7,068.000
National Immuni.support Proj. (BISP) 0.000 350.000 0.000
FATA-TDPs Emergency Recovery
Project. 6,400.000 3,561.250 7,068.000
ADB 8,800.000 97,913.290 1,040.920
Social Development Project (BISP) 1,440.000 7,140.000 0.000
Social Development Project (BISP) 7,360.000 8,015.000 40.920
Covid-19 Vaccine support Project 0.000 82,758.290 0.000
Covid-19 Vaccine support Project 0.000 0.000 1,000.000
ISDB
Ivac Covid-19 Vacine Support 0.000 12,425.000 279.000
Total Loans for Federal Government:- 15,200.000 114,249.540 8,387.920
NDRMF
ADB 4,007.080 599.760 3,588.880
National Disaster Risk Managt. Fund 1,602.830 212.380 1,756.880
National Disaster Risk Managt. Fund 801.420 212.380 1,646.000
Emergency Assistance for Fighting
1,602.830 175.000 186.000
COVID-19.
IDA 2,931.880 568.750 930.000
Strengthening of early warning System
of Pak Metrological Department.
2,931.880 568.750 930.000
Total Loans for NDRMF:- 6,938.960 1,168.510 4,518.880
PAKISTAN POVERTY ALLEVIATION FUND
IFAD 0.000 0.000 0.000
National Poverty Graduation Programme 0.000 0.000 0.000
Total Loans for PPAF:- 0.000 0.000 0.000
Total Loans for Federal Government:- 22,138.960 115,418.050 12,906.800
Total Loans Outside PSDP:- 22,138.960 115,418.050 12,906.800Page 95
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
POVERTY ALLEVIATION AND SOCIAL
SAFETY DIVISION
GERMANY 0.000 249.297 26.970
Dev. Renewable Energy Hydro Power 0.000 80.000 26.970
Livelihood Support (PPAF) 2 0.000 169.297 0.000
Total Grants for PPAF:- 0.000 249.297 26.970
NDRMF
ADB 673.190 616.600 314.230
National Disaster Risk Management
Fund Project No. 0519-Pak & 639-Pak
352.620 616.600 128.230
Emergency Assistance for Fighting
COVID-19. 320.570 0.000 186.000
IBRD 0.000 2,654.880 106.410
Pak Readlines Prep. Proposal 0.000 578.110 106.410
Addl. Financing for FATA TDPs 0.000 204.270 0.000
Addl. Financing for FATA TDPs 0.000 1,872.500 0.000
Total:- Grants for Federal Government
Outside PSDP 673.190 3,520.777 447.610
Grants for Provinces
GERMANY 5.040 0.000 50.040
KP Equipment Basic Health Program.
Reinteg. And Rehabi. Of TDPs FATA 5.040 0.000 50.040
KP TB Control Program
Total:- Grants for Provinces 5.040 0.000 50.040
Total:- Grants Outside PSDP:- 678.230 3,520.777 497.650Page 96
B. Project Loans and Grants Outside PSDP
Summary of Foreign Assistance Loans and Grants
(Rs. In Million)
Lending Budget Revised Budget
Country/ Project Estimate Estimate Estimate
Agency 2021-22 2021-22 2022-23
Total:- Grants for PPAF 0.000 249.297 26.970
Total:- Loans for NDRMF 6,938.960 1,168.510 4,518.880
Total:- Grants for NDRMF 673.190 616.600 314.230
Total Grants for Provinces:- 5.040 0.000 50.040
Total: Loans and Grants outside
22,817.190 118,938.827 13,404.450
PSDP
Total Loans for Federal Government 22,138.960 115,418.050 12,906.800
Total Grants for Federal Government 678.230 3,520.777 497.650
Loans for Federal Government 22,138.960 115,418.050 12,906.800
Grants for Federal Government 673.190 3,520.777 447.610
Grants for Provinces 5.040 0.000 50.040