While center has been crying for short of revenue to meet rising expenses after the 18th amendment in constitution, the provinces are set to receive 17 per cent more share from the federal divisible pool in the next financial year as the government has estimated to transfer Rs4.099 trillion to the four federating units as compared to Rs3.511tr last year.
As per the budget documents, Punjab will get over 50 per cent of the share from the federal divisible pool leaving behind the same amount to be distributed among the three remaining provinces, shows a document of the federal budget for the financial year 2022-23.
According to the budget document, out of the total Rs4.099 trillion estimated federal divisible pool for the next fiscal year starting from July 1, Punjab will get Rs2.029tr, followed by Sindh which will receive Rs1.029tr. The two other smaller provinces Khyber Pakhtunkhwa (KP) and Balochistan will get Rs670.46 billion and Rs370.23 billion, respectively. Note: Access to the full article is limited to paid subscribers only. If you are already a paid subscriber, please Login here Otherwise, you can choose to purchase a subscription package below for as low as Rs 275/month:
