Wednesday, May 22, 2024
BusinessPrice range deficit reached 3902 billion rupees, Finance Ministry report

Price range deficit reached 3902 billion rupees, Finance Ministry report

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The Ministry of Finance launched the Fiscal Operation Report, the finances deficit from July to March 2024 was 3902 billion rupees.

In accordance with the report, the finances deficit was 3.7 p.c from July to March, whereas the full revenue was 9780 billion rupees and the full expenditure was 13 thousand 682 billion rupees.

The report states that the tax income from July to March was 7262 billion rupees, throughout which the federal authorities collected 6711 billion rupees and the provinces 550 billion rupees.

In accordance with the report, the non-tax revenue in 9 months was 2517 billion rupees, 12 thousand 333 billion rupees have been spent on ongoing bills, whereas 5517 billion rupees have been spent on paying curiosity on loans.

The report states that 1222 billion rupees have been spent on protection in 9 months.

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