Pakistan Budget 2021-22 A comparison

Budget 2021-22 of Four Provinces of Pakistan: A Comparison

Budget is a complex phenomenon for an individual as well as for a country. A lot of effort is needed to present the budget. There are some apps and software for the budget. Though the state does not use it but prefers to make it manually.

Be moderate in expanses, spend lavishly in peace Ibkhalil

YNAB

You Need A Budget is an American-origin multi-platform personal budgeting software program based on the principle of envelope method. YNAB is a personal budgeting software for windows, mac, android, etc. In 2013 YNAB was the most widespread personal finance software among Lifehacker readers. It is also registered by Wirecutter for 2021 as a “great pick for committed budgeters. Though country budget is different from a personal budget and that cannot be planned through software.

YNAB Working

Apart from a lot of other budgeting apps, YNAB works by making you assign each free dollar to a category. You may plan where your money will go before you spend it this way.

To actively modify your spending patterns, YNAB believes that you must be intentional about developing a plan and sticking to it. As a result, the app keeps you focused on the money you have before you spend it, giving you complete control over how it is spent. You need to download an app or visit a website, sign up and it will be ready to make an easy budget for you.

Budget Planner

Pakistan has presented its fiscal budget on June 11, 2021. And thus all four provinces also presented the 2021-22 budget. This article analyses the data of the budget and compares the data to all four provinces. The main purpose of this article is to enable the general public about the performance of the provinces and second who is best in what sector. The data which will be analyzed and compare are;

Pakistan

Pakistan is the 5th biggest country by population in the world. 11 June 2021 Pakistan has presented a budget for the year of 2021-22. The allocation of money for different sectors are;

  1. Area 881,913 km2
  2. Population 207.77 million
  3. Total budget volume 8478 B
  4. Education 118 B
  5. Health 21.72 B
  6. Development Projects 900 B
  7. Pay raise 10%
  8. Minimum Monthly salary 20000 RS
  9. Deficit 4 T

 

Khyber Pakhtunkhwa (Kpk)

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Khyber Pakhtunkhwa (KPK) is the Northwestern province of Pakistan. It is also called the city of flowers. Peshawar is the capital of the Kpk. Major Cities are swat, Narran, khagan, Malam Jaba, Mardan, Sawabi, etc. The literacy rate in the province is 53 %.

  1. Area 101,741 km²
  2. Population53 million (2017)
  3. Total population
  4. Total Budget Volume 1118B
  5. Received NFC award portion from the Centre 559B
  6. Education 206+236 primary education+ higher education= 442
  7. Health 142b
  8. Pay raise 10/37 %
  9. Development projects 371b
  10. Minimum monthly salaries 21000RS
  11. Balanced

Punjab

Punjab is the biggest province by population in Pakistan. It is called the land of 5 rivers. Lahore is the capital of Punjab. The literacy rate in Punjab is 63 %. It has half of Pakistan’s population.

  1. Area 205,344 km2
  2. Total population 110 million
  3. Total revenue 2232.7B
  4. Received NFC award portion from the Centre 1691.70B
  5. Education 424 B
  6. Health 369.3 B
  7. Pay raise 10 %
  8. Development projects 560B
  9. Minimum monthly salaries 20000RS
  10. Surplus 125B

Balochistan

Balochistan is the largest province by area in Pakistan. It is the least populated area. Quetta is the capital of Balochistan. It is located in southwestern in Pakistan. Gwadar is the new and deep-sea in the province.

  1. Area 347,190 km2
  2. Total population 12 million
  3. Total Revenue 584.1 B
  4. Received NFC award portion from the Centre 313B
  5. Education 71.9 B
  6. Health 56.57B
  7. Pay raise 10%
  8. Development projects 237.221 B
  9. Minimum monthly salaries 20007
  10. Deficit 84B

Sindh

Sindh is the second-largest province by population in Pakistan. Karachi is the capital city of the province. It is the business hub of Pakistan. Major companies’ main offices are located in Karachi. It is famous that Karachi never sleeps.

  1. Area 140,914 km2
  2. Population 47million
  3. Total population
  4. Total Revenue 1478B
  5. Received NFC award portion from the Centre 848B
  6. Education 277B
  7. Health 172B
  8. Pay raise 20%
  9. Development projects 329B
  10. Minimum monthly salaries 25000 RS
  11. Deficit 25B

Education Comparison

Education Comparison among Provinces in Budget 2021-22
Education Comparison among Provinces in Budget 2021-22

Health Comparison

Health Comparison among Provinces in Budget 2021-22
Health Comparison among Provinces in Budget 2021-22

Development Projects Comparison

Development Projects Comparison among Provinces in Budget 2021-22
Development Projects Comparison among Provinces in Budget 2021-22

Summary

It is now a journey towards a bright future of Pakistan because the provinces are competing in all sectors, which is a very good sign. I hope, one day we will provide the world, the future, peace, tranquility, and equity inshallah.

 

 

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