Govt to spend Rs7.3tr on loans and interest in FY24

News Image

MG News | June 09, 2023 at 04:03 PM GMT+05:00

0:00

June 09, 2023 (MLN):  The government will spend Rs7.3 trillion on loans and interest in FY24, according to the official document available to MG Link News.

The estimated allocation for defense budget is Rs1,804bn while Rs1,464 billion have been allocated for grants in the budget for FY24.  The upcoming budget will earmark Rs1,074bn for subsideis. 

Meanwhile, the estimated allocation for pensions in the upcoming budget is Rs761bn. 

In addition,  Rs714bn, Rs950bn, and Rs200bn have been allocated to federal ministries' expenses, development projects, and emergency expenditures, respectively. 

Copyright Mettis Link News 
 

Related News

Name Price/Vol %Chg/NChg
KSE100 138,597.36
256.32M
-0.05%
-68.14
ALLSHR 85,286.16
608.38M
-0.48%
-413.35
KSE30 42,340.81
77.13M
-0.03%
-12.33
KMI30 193,554.51
76.19M
-0.83%
-1627.52
KMIALLSHR 55,946.05
305.11M
-0.79%
-443.10
BKTi 38,197.97
16.53M
-0.59%
-225.01
OGTi 27,457.35
6.73M
-0.94%
-260.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,685.00 121,165.00
117,335.00
-1605.00
-1.35%
BRENT CRUDE 69.21 70.77
69.14
-0.31
-0.45%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.00 67.54
65.93
-0.23
-0.35%
SUGAR #11 WORLD 16.79 17.02
16.71
0.05
0.30%

Chart of the Day


Latest News
July 18, 2025 at 07:21 PM GMT+05:00

Pakistan strengthens UK trade links


July 18, 2025 at 05:36 PM GMT+05:00

Pakistan, China set to advance agricultural innovation


July 18, 2025 at 05:10 PM GMT+05:00

PSX Closing Bell: Riding High, Ending Low



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg