2020–21 Pakistan federal budget
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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. The budget was presented in the Parliament by the Federal Minister Hammad Azhar.[1] It is also called Corona budget as it was presented during the Corona Crisis.[2] The government called the budget a Relief budget but major opposition parties PPP and PML-N called it People's enemy budget.[3]
| |
| Submitted by | Hammad Azhar |
|---|---|
| Submitted to | National Assembly |
| Presented | 12 June 2020 |
| Country |  Pakistan |
| Parliament | Pakistan |
| Party | Pakistan Tehreek e Insaf |
| Finance minister | Abdul Hafeez Shaikh |
| Treasurer | Ministry of Finance |
|
‹ 2019–20 | |
Features
The total size of the budget is Rs. 7136 (US$26) billion.[2]
Rs. 1289 (US$4.60) billion for defense,Rs. 83.3 (30¢ US) billion for education (7.9 per cent from higher than the last budget), Rs. 70 (25¢ US) billion were allocated for preventing coronavirus, Rs. 80 (29¢ US) billion for special economic zones. No new taxes were introduced in the budget.[2] Foreign Minister Shah Mehmood Qureshi confirmed that defence spending was not raised for the second consecutive year.[4]