Pakistan Government Budget

Pakistan recorded a Government Budget deficit equal to 6.40 percent of the country's Gross Domestic Product in 2012. Government Budget in Pakistan is reported by the Government of Pakistan. Historically, from 1990 until 2012, Pakistan Government Budget averaged 3.76 Percent of GDP reaching an all time high of 8.80 Percent of GDP in December of 1990 and a record low of -6.40 Percent of GDP in December of 2012. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes a chart with historical data for Pakistan Government Budget.

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Pakistan Government Budget
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Government Budget | Notes

A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.






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