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Pakistan Budget 2009 – 2010

Posted on June 13, 2009

Islamabad Ms. Hinna Rabbani Khar minister for treasury and Economic Affairs presented the Government of Pakistan Budget for 2009 – 2010. This was the first ever budget presented by a female Pakistani in the national Assembly. The minister expressed her pride for being the first woman to present the budget.

The minister announced 9 points agenda for social and economic development. The first pillar of the agenda she said is to strengthen the economy and second is to improve social security.

Other big challenges faced by the country are poverty, inflation, end of subsidy, price hike, agriculture developement and education.

Following are the key points of the budget 2009 – 2010

Rs 2253 million allocated for Environment Division

Rs 2253.886 million are allocated in Public Sector Development Programme (PSDP) for Environment Division in the budget for next financial year (2009?10).

These allocations include Rs 2203.155 from local resources and Rs 50.731 million as foreign loan to be incurred on various projects during 2009?10. The allocations include Rs 2227.886 million for ongoing schemes and just Rs 26 million for the new schemes.

The PSDP allocations show that Rs 17931.454 million have been thrown forward and expenditures till June 2009 have been 5360.845 million.

Estimated costs of the projects show a total sum of Rs 23246 million with Rs 1737.155 million as foreign loan.

In PSDP for 2009?10, the government will be initiating just three new schemes with one, the Media Advertising Campaign on Energy, Conservation and Institutional Strengthening, Capacity Building of ENERCON.

Other two schemes include Energy Conservation through Training and Mass Awareness Campaign and Development of Forestry Sector resources for Carbon Sequestration in FATA.

Figures show that only Rs 26 million have been allocated for the environment sector including Rs one million for Madia Advertising Campaign on Energy, Conservation and Institutional Strengthening and Capacity Building of ENERCON.

For other two schemes, Rs 5 million have been allocated for Energy Conservation through Training and Mass Awareness Campaign and Rs 20 million for Development of Forestry Sector Resources for Carbon Sequestration in FATA.? In all, 45 schemes have been mentioned in the PSDP including 42 ongoing and three new schemes.

Govt. servants to get 15% adhoc relief in salaries from July 1, 2009

The government on Saturday announced 15% adhoc relief allowance for the serving and retired government servants from July 1, 2009. Minister of State for Finance and Economic Affairs Hina Rabbani Khar while presenting the federal budget for fiscal year 2009?10 announced that ?to compensate government servants, I have the pleasure to announce an ad?hoc relief allowance of 15% of pay of serving government servants from 1st July, 2009?.

She also announced an increase in the allowance of armed forces deployed on the western front equal to one month?s initial basic pay with effect from 1st July 2009, as announced by the President of Pakistan.

For the remaining armed forces personnel, Ms Khar said an allowance equal to one month?s initial basic pay will be admissible from 1st January 2010 in line with the Presidential announcement; in the interim period, an adhoc relief allowance of 15% of pay will be allowed.

This adhoc relief allowance will be withdrawn w.e.f. 31st December 2009.

The retired government servants and armed forces personnel will also get 15% increase in their net pension from 1st July 2009, the State Minister said.

Hina Rabbani said ?We realize that the government servants are not adequately paid. In order to revise the compensation package a Pay and Pension Commission has already be constituted?.

Rs. 343.723mln allocated for 17 ongoing, 3 new schemes in Women Development sector under PSDP

The Women Development Division has been allocated Rs. 343.723 million for execution of 17 ongoing and three new projects under Public Sector Development Programme 2009?10.

According to the official document, Rs 5.3 billion have been earmarked for the on going schemes while the new projects get allocation of Rs 2.2 billion for the upcoming fiscal year.

Pak?China seismic network in the country will be established with allocation of Rs 180 million, development of CFIs to fly on?board communication satellite (Pak Sat?IR) in Lahore at Rs 267.262 million, development of labs for National Satellite Development Programme (NSDP) in Lahore with Rs 222.55 million, development of support facilities for NSDP, new airport at Gawadar Rs 750 million, Sialkot International Airport Rs 250 million and National Electronics Complex Rs 200 million.

The major allocations among the ongoing schemes include Rs 2.8 billion for Paksat?IR, Rs 420.47 million for design and development of Compact Antenna Test Range (CATR), Rs 292 million for Paksat project (Phase?I), Rs 179.84 million for Altitude and Orbital Control System (AOCS), Rs 161.20 million for Satellite Bus Development Facility, Rs 148 million for Development of Satellite Assembly Integration and Test (SAINT) Facility, Rs 145 million for development of Satellite Environmental Validation and Testing (EVT) Facility and Rs 122.63 million for Remote Sensing Data Transmission (RSDT) Facility.

Rs.35000 mln allocated for Peoples Works Programmes

ISLAMABAD, Jun 13 (APP): The government has allocated an amount of Rs.35000.00 millions in the Public Sector Development Programme (PSDP) for year 2009?10 for Peoples Works Programmes. An amount of Rs. 5000.00 millions has been allocated for People?s Works Programme?I. Rs.30000.00 millions has been allocated for People?s Works Programme?II.

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