Salient Features of National Budget 2017-18

 ISLAMABAD: Following are the salient features of National Budget 2017-18, announced by Minister for Finance, Muhammad Ishaq Dar in the National Assembly on Friday:

 The total outlay of the budget 2017-18 is Rs 5,103 billion.

-- The size is 4.3 percent higher than the size of the budget 2016-17. - The resource availability during 2017-18 has been estimated at Rs 4,681.2 billion.

-- The net revenue receipts for 2017-18 have been estimated at Rs 2,926 billion.

-- The provincial share in federal taxes is estimated at Rs 2,348.2 billion.

The net capital receipts for 2017-18 have been estimated at Rs. 552.5 billion.

-- The external receipts in 2017-18 are estimated at Rs 837.8billion, showing an increase of 2.2 percent.

-- The overall expenditures during the 2017-18 have beenestimated at Rs 5,103.8 billion.

-- The share of current and development expenditures respectively in total budgetary outlay for 2017-18, is 73.7 percent and 26.3 percent.

-- The expenditure on general public service is estimated at Rs 2,553.6 billion.

-- The expenditure on general public service is estimated at 2,553.6 billion.

-- The development expenditure outside PSDP has been estimated Rs 152.2 billion.

-- The size of PSDP is Rs 2113 billion.

-- Out of this Rs 1112 billion has been allocated to provinces, Federal PSDP has been estimated at Rs 1001 billion,

-- Rs 377.9 billion allocated for federal ministries and divisions

-- Rs 380.6 billion allocated for corporations

-- Rs 30 billion allocated for Prime Minister SDG achievement programme

-- Rs 40 billion earmarked for special federal development programmes

-- Rs 12.5 billion allocated for energy

-- Rs12.5 billion earmarked for clean drinking water-- Rs 7.5 billion allocated for earthquake reconstruction

-- Rs 5 billion for special provision for competition of CPEC projects

-- Rs 45 billion allocated for IDPs

-- Rs 45 billion earmarked for security enhancement

-- Rs 20 billion allocated for Prime Minister's initiatives

-- Rs 25 billion for Gas Infrastructure Cess

To meet expenditure, bank borrowing has been estimated for 2017-18 at Rs 390.1 billion, which is significantly lower than revised estimates of fiscal year 2016-17.