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NA approves over Rs500bn in supplementary budget for FY25, Rs475bn for FY26

NA approves over Rs500bn in supplementary budget for FY25, Rs475bn for FY26

The National Assembly on Wednesday approved a supplementary budget of Rs593.64 billion for the fiscal year 2024-2025 (FY24-25). a sum of Rs475.05bn for the outgoing fiscal year (FY25-26).

Finance Minister Muhammad Aurangzeb moved a series of papers for approval during Wednesday’s session.

Under the Constitution, the government must secure parliamentary approval for the federal budget before any spending. This approval allows the government to spend specified funds for different heads. However, the government often seeks retrospective approval for additional amounts already spent, leaving the parliament with no choice. to regularise these expenditures.

The NA’s X account said Aurangzeb laid the Supplementary Authorised Expenditure 2024-2025. 2025- 2026, along with other papers, before the house under Article 83 of the Constitution.

Dawnprovides a breakdown of the additional amounts approved for spending during FY24-25 and FY25-26, which will conclude on June 30.

The following supplementary grants were approved for FY24-25 (July 2024- June 2025):

The following grants were approved in “excess authorised expenditure” during FY24-25

These amounted to a total of Rs593.64bn in supplementary grants and excess expenditure for FY24-25.

Charged expenditure for FY24-25

These totalled to Rs2,644.48bn.

Excess expenditures for FY24-25

These totalled to Rs2,087.57bn.

For FY25-26 (July 2025-June 2026), the following supplementary grants were approved:

These amounted to a total of Rs475.05bn in supplementary grants for FY25-26.

Source: https://www.dawn.com/news/2010552/na-approves-over-rs500bn-in-supplementary-budget-for-fy25-rs475bn-for-fy26

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