NA approves over Rs500bn in supplementary budget for FY25, Rs475bn for FY26

The National Assembly on Wednesday approved a supplementary budget of Rs593.64 billion for the fiscal year 2024-2025 (FY24-25) and a sum of Rs475.05bn for the outgoing fiscal year (FY25-26).

Finance Minister Muhammad Aurangzeb moved a series of papers for approval during Wednesday’s session.

Under the Constitution, the government must secure parliamentary approval for the federal budget before any spending. This approval allows the government to spend specified funds for different heads. However, the government often seeks retrospective approval for additional amounts already spent, leaving the parliament with no choice but to regularise these expenditures.

The NA’s X account said Aurangzeb laid the Supplementary Authorised Expenditure 2024-2025 and 2025- 2026, along with other papers, before the house under Article 83 of the Constitution.

Dawn provides a breakdown of the additional amounts approved for spending during FY24-25 and FY25-26, which will conclude on June 30.

The following supplementary grants were approved for FY24-25 (July 2024- June 2025):

Rs430.10bn for Power Division

Rs37.89bn for miscellaneous expenditure

Rs22.84bn for defence services

Rs22.15bn capital outlay on civil works

Rs5.79bn for both civil and armed forces

Rs5.61bn for Commerce Division

Rs5.60bn for development expenditure of Finance Division

Rs3.82bn for National Health Services

Rs2.69bn for Federal Board of Revenue (FBR)

Rs1.80bn for Information and Broadcasting Division

Rs1.43bn for educational institutions under the federal government, cantonments and garrisons

Rs1.26bn for other development expenditure

Rs1.25bn for Defence Division

Rs1.10bn for development expenditure of Interior Division

Rs750m for the development expenditure of Power Division

Rs300m for Cabinet Division

Rs250m was approved for the federal education and professional training division

Rs238.42m for National Food Security and Research Division

Rs207.97m capital outlay on Petroleum Division

Rs160.46m for Pakistan Agricultural Research Council

Rs90.27m in respect of foreign missions

Rs64.82m for Airports Security........

© Dawn Business