Share. Also on home.kpmg. 1000. In the annual budget that was announced by the federal government yesterday, the Public Sector Development Programme (PSDP) budget for the financial year 2020 to 2021 was set at Rs 650 billion; this figure includes foreign assistance of Rs 72.5 billion. No new tax in Budget 2020-21. The budget was presented in the Parliament by the Federal Minister Hammad Azhar. It is also called Corona budget as it was presented during the Corona Crisis. Annual Budget Statement 2020-21 (English) Annual Budget Statement 2020-21 (Urdu) Demands for Grants and ... Competition Commission of Pakistan (CCP) Click here for details. Recommend 0. Despite all this, Islamabad allocated $7.85bn for defence and merely $151m for health in the budget for the financial year 2020-2021. The current account deficit to be reduced to 4.4%. the budget philosophy and approach have been briefly explained. The budget 2020-21 has the following salient features: –Total outlay of budget 2020-21 is Rs 7,294.9 billion. This size is 11 percent lower than the size of budget estimates 2019-20. These were all the main points of the Budget 2020-21. Islamabad, June 13 (IANS) The Pakistan government unveiled its budget for the fiscal 2020-21 amid an economic slowdown and challenges triggered by the ongoing COVID-19 pandemic. Pakistan Budget Brief 2020 PK Budget Brief 2020 The budget brief 2020 contains highlights of the Finance Bill 2020 as they relate to direct and indirect taxes and certain other fiscal laws. Any body knows ? What is the figure total budget of Pakistan in US dollar ? Pakistan Budget 2020-21 – Finance Minister Hammad Azhar announce Pakistan Federal budget 2020-21, Read budget speech from National Assembly. The government called the budget a Relief budget but major opposition parties PPP and PML-N called it People's enemy budget. The Federal budget 2020-2021 is the federal budget of Pakistan for the fiscal year beginning from 1 July 2020 and ending on 30 June 2021. 35 government-owned organizations to be privatized, suggested taskforce. National tax collection increased by record 27%. Pakistan unveils $44 billion 2020-21 national budget Economic activity in the country slowed down due to lockdown imposed by the government Published: June 13, 2020 07:43 IANS Mr. Kamran Butt Partner. Budget 2020-21 Editorial June 13, 2020 The economic hardship the country has been facing for the past two years called for a radical change in the approach to budget … Budget 2020-21: The impact of COVID-19 on Pakistan and the govt plan to overcome it Nearly all industries and businesses were impacted. Despite all this, Islamabad allocated $7.85bn for defence and merely $151m for health in the budget for the financial year 2020-2021. ‘Budget at a Glance’ offers a quick overview of the federal budget 2020-21 while information on fiscal deficit and financing has also been tabulated. Federal Budget Publications 2020-21. KPMG in Pakistan Contact. Also find budget copy and key features of budget. Pakistan Budget Brief 2020 PK Budget Brief 2020 The budget brief 2020 contains highlights of the Finance Bill 2020 as they relate to direct and indirect taxes and certain other fiscal laws. The tax to GDP ratio of Pakistan is 11%. Inflation to be reduced from 9.1% to 6.5%. Disclaimer: All information on this page are taken from third party reliable sources of relevant industry channels, with simple aim just for general information for our users. 2020-2021 () Federal Budget 2020-2021 Submitted by Hammad Azhar Submitted to National Assembly Presented 12 June 2020 Parliament Pakistan Party Pakistan Tehreek e Insaf The Federal budget 2020-2021 is the federal budget of Pakistan for the fiscal year beginning from 1 July 2020 … Title. Jun 13, 2020 10:46am. Syed A. Mateen.