PREFACE - finance.gov.pk

PREFACE budget in Brief presents an abridgement of the Federal budget 2018-19. It provides aggregated information on revenues and expenditures, budgeted for fiscal year 2018-19 alongwith budget estimates and revised estimates for the outgoing fiscal year 2017-18. Detailed information is available in the relevant budget documents. Budgeting and accounting classification system used in the budget remains the same, which was adopted under the New Accounting Model introduced in fiscal year 2004-05. The Medium Term Budgetary Framework (MTBF) process, initiated in the fiscal year 2009-10, has been strengthened. Indicative budget Ceilings for the current and development budgets are issued to all Principal Accounting Officers of the Federal Government on a three-year rolling basis.

PREFACE Budget in Brief presents an abridgement of the Federal Budget 2018-19. It provides aggregated information on revenues and expenditures, budgeted for fiscal year 2018-19 alongwith budget estimates and revised estimates for the

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