Development budget increased by 109% since 2002-2003

Such a huge increase in development funding in the last few years is unprecedented.


**Development budget increased to 272 billion: PM Shaukat

**Prime Minister Shaukat Aziz has said that better fiscal management enabled the government to allocate unprecedented amount of funds for the development projects and the development budget has been consistently increased from 130 billion in 2002-03 to 272 billion in 2005-05 which is 109% increase resulting in job creation ,poverty reduction and overall economic uplift. Addressing the meeting of the Economic Coordination Committee of the Cabinet (ECNEC) Saturday, the Prime Minister said that focus on development is one of the hall marks of the government and the government is perusing a policy of balanced development with necessary emphasis both on the strengthening of infrastructure and the social sector development. “Whereas the government has allocated funds for the construction of roads, dams ,bridges; the top priorities of the government also include improvement in facilities of education, health , sanitation, safe drinking water to people throughout the country”, the Prime Minister said.He said education is the key to development and the government is focusing on improving educational facilities at all tiers. **He said that the new National Finance Commission (NFC) award will provide additional 52 billion to the provinces in the next budget and will enable them allocate more funds for development projects. **

The Prime Minister said that the development expenditure was instrumental in creation of jobs, decline in poverty and overall economic uplift of the country. The amount of development expenditure to GDP ratio was enhanced to 3.9% this year from 2.6% last year. He said in the next budget government will further increase allocation for development projects. The Prime Minister said that this year all sectors of economy are exhibiting growth and the government will meet 6-8% annual growth target. He said that PSDP utilizations have shown an upward trend. In the first quarter, PSDP utilization was 60-65% and by the end of financial year over 90% development funds are expected to be utilized. Referring to government’s philosophy of deregulation, liberalization and privatization, the Prime Minister said that government wants increased involvement of private sector particularly in health and education sector. They will be further encouraged to more actively participate in power generation projects. The Prime Minister said that planning Division will be restructured to transform it from a reactive to a pro-active organization. Its monitoring and evaluation wings will be further strengthened to improve implementation of projects.

http://paktribune.com/news/index.php?id=141517

Re: Development budget increased by 109% since 2002-2003

^^ and some people on this board will still badmouth Pakistan and Islamabaad.

Re: Development budget increased by 109% since 2002-2003

And PSDP worth Rs 68 bn has been withdrawn from provinces making them net losers in the revenue sharing game. Good spin by the government.

Share of provinces has actually been reduced.

Re: Development budget increased by 109% since 2002-2003

RS 130 billion has been spent on development projects in Balochistan province alone.

Re: Development budget increased by 109% since 2002-2003

Khekhe will never be happy.

On a serious note, Federal government should be involved only in Motorways, big dams like Bhasah, and big ports like Gawader. Every thing else including education, smaller rural roads, clean water, sanitation etc. should be provincial responsibilty. Feds should only set the standard and may provide some kind of cost sharing for the bottom 10 localities.

As the Feds will be responsible for only a few things (motorways, dams, and ports), rest of the development money should be given back to provinces. Also provinces should be allowed to levi and collect their own income tax. This will fill the provincial-treasuries with more money.

Re: Development budget increased by 109% since 2002-2003

I will be happy the day federal govnt treats provinces with respect and stops hording the money generated by provinces.

Re: Development budget increased by 109% since 2002-2003

Provinces to receive Rs321bn from FDP

**The centre would transfer about Rs321 billion to the provinces during the next fiscal year (2006-07) as their share of the federal divisible pool, about 34 per cent higher than current year’s budgeted estimate of Rs240 billion, it is learnt. **The total size of the net proceeds of the divisible pool has been estimated at about Rs700 bn for the next year, after estimated deductions of collection charges and direct fiscal transfers to the district governments under 2.5 per cent general sales tax in lieu of octroi and zila tax, sources in the finance ministry told Dawn on Wednesday. The sources said the federal government has conveyed to the provinces the size of their share of net proceeds of the divisible pool for the next year at Rs321 bn and has asked them to prepare their budgets on the basis of these estimates. This does not include project aid to the provinces. The share of Rs321 bn also includes Rs27 bn subventions to be provided to the provinces. Balochistan would be the highest recipient of the subvention pool with a grant of about Rs9 bn, these sources said. The sources declined to divulge the province-wise details but said the provinces would get a sizable increase in their shares than last year under the revised national finance commission announced by the president a few months ago.

Balochistan’s share would go up to about Rs32 bn including subventions and share of the general sales tax directly going to the districts, compared with its current year share of about Rs18 bn. They said the figures have been worked out by the federal and provincial governments during a series of recent meetings of the provincial finance secretaries with federal secretary general and secretary finance. The last meeting of this series took place on Wednesday. The provincial governors and chief ministers also held meetings on the subject with the president and the prime minister in recent weeks. For the current fiscal year (2005-06), the provincial share out of net proceeds of the FDP was estimated at Rs240 bn, which may slightly go up at the end of the year on the basis actual revenue collection. Net provincial transfers including grants, project aid etc were, however, estimated at Rs315.5 bn in the current fiscal year. The budget 2004-05 had estimated Rs200.9 bn share to the provinces out of federal divisible pool which was later revised to Rs204.8 bn.

http://www.dawn.com/2006/05/04/top14.htm

Re: Development budget increased by 109% since 2002-2003

‘Provinces’ share in federal divisible pool increased’ - admits NWFP government.

http://www.dailytimes.com.pk/default.asp?page=2006\06\24\story_24-6-2006_pg7_21

The finance minister said that the provinces’ share in the federal divisible pool had now been increased from 37.5 percent to 41.5 percent. “We shall get Rs 3,566 million more than the previous year’s award,”

Re: Development budget increased by 109% since 2002-2003

Interesting article on Baluchistan:

Paddle-less and up the creek
By Dr Faisal Bari
Balochistan budget for 2006-07 was announced a few days ago. It was also the day that General Musharraf and Prime Minister Aziz made statements that the development of Balochistan was a priority for the federal government. If the proposed budget is any indication to go by, I wonder what the condition of Balochistan would have been if it was not a federal priority. **Although the provincial government has tried to cut own non-developmental expenditures as much as possible and even said that it has instituted many austerity measures, it is still expecting a deficit of Rs. 10.96 billion for 06-07. **

**This is slightly larger than the total development budget of the province, about 18 percent of the budget, four times taxes raised by the province directly and almost one third of the total receipts expected from federal government. The Rs. 10.96 billion deficit has been projected after figuring in and allowing for the Rs. 12 billion odd expected from the Asian Development Bank (ADB) as loan under Balochistan Resource Management Programme (BRMP) and Devolved Social Services Programme (DSSP).
If the ADB does not agree to release the money under either head, for one reason or another, or there are delays, Balochistan deficit is likely to be much larger. Furthermore, Balochistan already has significant loans from federal government under Cash Development Loans (CDLs) and other facilities, and from the State Bank of Pakistan - initially as overdrafts which were later turned into long term loans - so its loan bearing capacity is not going to be high as well, and if the deficit is Rs. 10 billion or larger, this surely spells trouble for the province. **

The federal government is insisting that it is doing a lot for the province by starting mega projects in Balochistan and by spending a lot through the federal PSDP. This might be true but it does not address the issue of provincial budget, provincial priorities and sustainability of provincial finances.
The province is in deep trouble and the budget 06-07 clearly shows that. The government of Balochistan (GoB) presented a budget of Rs. 59.7 billion, with current expenditures expected at Rs. 37.45 billion and development expenditures of Rs. 10.82 billion. The projected deficit is Rs. 10.96 billion, while last year’s deficit was Rs. 8.47 billion. With accumulated debt being high, it is going to be increasingly difficult for the government to finance this deficit. The government of Balochistan has announced that this deficit will be covered by the province through a) austerity measures, b) additional resources generated by the province, and c) grants from the federal government.
There are problems with all three. If Quetta could institute austerity measures to a certain tune, why did it not incorporate the expected benefit of these in the form of reduced expenditures in the budget figures itself? If it can generate additional tax money, why is it not already reflected in the budget figures? Federal grants can only be an expectation of course. What if Islamabad does not oblige with additional handouts? Balochistan government should be aware that just a few years ago instead of giving additional grants, the federal government had asked Balochistan to negotiate the BRMP loan with the ADB and it had taken more than a couple of years for that loan agreement to be reached. The problems that Balochistan is facing has many sources, we will discuss the main ones here. On the expenditure side Balochistan has a number of significant expenditures that do not make sense and need to be quickly restructured.
The wheat and tubewell subsidies are non-targeted, wasteful and very inefficient. They need to redesigned or phased out. The tubewell subsidy in particular is very anti-poor and wasteful even in terms of water and electricity usage. They constitute about Rs. 3-5 billion of GoB’s expenditures. Development expenditures are too spread out and there are far too many schemes in the provincial portfolio so that the throw-forward of even the current schemes is very long. If Balochistan decides not to start any new scheme from now on, it will still take Balochistan 5-7 years to complete the pending schemes, at current levels of development expenditure.
And there is high level of corruption and wastage in Balochistan’s development expenditure so that the effectiveness is also low. GoB has to prioritize its development spending, reduce the number of schemes, add only schemes that are high priority, and impose stricter completion timetables on schemes. On the revenue side GoB can raise some more funds by imposing better structured property taxes, road usage taxes and with better recovery on water and other usage charges. But the effect of all of these is not going to be more than a couple of billion rupees at best. Still this is important to achieve so that GoB can signal its seriousness in getting the provincial house in order. The most significant issues related to Balochistan come from its relationship with Islamabad. The federal government continues to favour a distribution formula for National Finance Commission (NFC) award that is based solely on population.
Balochistan has 40 plus percent of the area of Pakistan, only 5 percent of the population, and has the largest number of the least developed districts of Pakistan. Any population based formula is going to leave Balochistan with very little funds. The population based formula is also unfair since it does not take into account the need for fixed expenditure in creating the infrastructure needed to cater to a thinly spread out population over a very large area. So Balochistan gets a very small share in the NFC. The federal government has recently argued that in the current NFC they have given all the provinces more money. Since the additional funds have also been divided on the basis of population, the share of Balochistan is very small. Federal government does give some grants and subventions to Balochistan. But these are ad-hoc, at the whim of the federation and quite low. They do not address the issue of the unfairness of the award. An award that gives weight to backwardness and area, in addition to population, would be needed to address the imbalance.
The other imbalance comes from how gas and oil resources of the province of Balochistan are used by the federal government. It is strange that the Constitution of the country makes a distinction between major and minor minerals and asserts the rights of the federation over the provinces over all major minerals (oil and gas in particular), but it allows the province of the Punjab to impose Section 144 on the sale and transport of wheat across provinces and even district lines in order to allow the Punjab government to procure wheat at the cost of potential buyers from other provinces. Balochistan does get some royalty on major minerals, but the right to set royalties, any surcharges and even procurement prices lies with the federal government. The net result is that Balochistan has historically and is even currently getting much less for its resources than what market determined prices would have given them.
This is grossly and patently unfair to the people of Balochistan and citizens of Pakistan. The imbalance needs to be addressed and immediately, and through appropriate changes in pricing formulae, ownership rights as well as negotiation rights. If Balochistan were to get Rs 5-10 billion more per annum from gas and oil revenues, it could change the situation of the province significantly. I have always wondered why the people of Balochistan, the representatives of the people and the government of Balochistan do not raise these issues through the Council of Common Interest, and even the Supreme Court of the country. A number of hypotheses have been suggested by others. Some say that the people in power are there due to Islamabad and hence cannot take them on. Others say that the people of Balochistan do not trust that even these institutions will deliver justice. Neither of these explanations is very encouraging in terms of the future. GoB finances are in a mess and they are non-sustainable.
There needs to be a major restructuring. It is not enough for the federal government to just spend through federal PSDP and on mega projects; they have to help address the issues of the provincial government as well. NFC award needs to be made fairer and the issue of gas/oil pricing and provincial ownership needs to be addressed. GoB also needs to restructure its expenditures by removing inefficiencies, poorly designed subsidies and corruption, and increase its revenues by revamping its taxes. Only all of the above can save the provincial government from being in a crisis constantly. The consistent crisis situation probably favours some interest groups in Islamabad, but it can only spell disaster for the people of Balochistan and for the future of the country.
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