2012 Pakistan federal budget
Emblem of Pakistan
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| Submitted | 3 June 2011 |
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| Submitted by | Dr Abdul Hafeez Shaikh |
| Submitted to | National Assembly |
| Passed | 1 July 2011 |
| Total revenue | 2.463 Trillion PKR (26.7 Billion USD) |
| Total expenditures | 3.767 Trillion PKR(39.9 Billion USD) |
| Deficit | 1.304 Trillion PKR (13.2 Billion USD) or 6.6 percent of GDP |
| Website | http://www.finance.gov.pk/ Ministry of Finance |
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The Pakistan federal budget of 2011–2012 was presented in the National Assembly with a total outlay of 3.767 trillion rupees for fiscal year 2011–12.Budget was prepared in accordance with the budgeting and accounting classification system that has been approved by the Government of Pakistan as an integral part of the New Accounting Model. The three years medium-term indicative budget ceilings for the current and development budgets were issued to all Principal Accounting Officers of the Federal Government. A new budget preparation method,called the 'Output Based Budgeting' has been introduced, which presents the federal budget by services and effects of services on target population and links these with performance indicators and targets over the 3-year period. The budget was called 'Pro-poor budget' by the parliamentarians
The budget 2011–12 has the following main salient features:
as compared to 89.7% in revised estimates for 2010–11.
Rs 730 billion. While for Other Development Expenditure an amount of Rs 97 billion has been allocated. The PSDP shows an increase of 58% over the revised estimates 2010–11.
Allocation of shares to the provincial governments are as follows.
Additional resources to be allocated for Khyber Pakhtunkhwa and Balochistan for development and to meet the expenses on war on terror, respectively.Any shortfall in Balochistan's amount shall be made up by the Federal Government from Federal Government's resources.
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