Bloated Budget for 2023 Written on . Posted in Finance.

Bloated Budget for 2023

The Cabinet of Ministers has approved to present the draft of the Appropriation Bill with enhanced expenditure for the financial year 2023 in Parliament. As per the draft of the Appropriation Bill for 2023, the total expenditure estimated for 2023 is a staggering Rs. 7.8 trillion as against Rs. 6.1 trillion for 2022. Recurrent Expenditure has been estimated at Rs. 4.6 trillion, while total Capital Expenditure at Rs. 3.24 trillion. The gross bor

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