Government of Pakistan, Finance Division has issued the Notification on 14-01-2022 regarding Date of Announcement of Budget 2022-23 (Budget Call Circular). According to this letter, the tentative schedule of the announcement of Budget 2022-2023 is as under:
Date of Announcement of Budget 2022-23
Tentative Date of announcement of Budget 2022-2023: 1st Week of June 2022
According to Dunya News (dated 22-04-2022, the Budget Presentation in National Assembly, the Government has decided in the first week of June 2022. The budget session will remain open throughout the month.
This is a tentative date and there are chances that there may be an amendment on this date and the final date they will decide just a few days before the presentation of the Budget. As as soon as I get the updates, I shall keep updating here.
Contents of the Federal Budget
This budget calendar for the year 2022-2023 includes the following:
- Federal Receipts
- Current and Development Expenditures on revenue & capital Accounts
- Foreign Exchange Budget
For You: Public and Optional Holidays 2022 Pakistan
Schedule of the Budget 2022-2023
| Submission of proposed Current & Development Expenditure Budget Estimates (Form-II and Form-III) |
| PAOs |
| 15th March 2022 |
| Budget Review Committee’s meetings |
| Finance Division |
| 4th week of March 2022 |
| Budget Strategy Paper |
| Finance Division |
| 15th April 2022 |
| Issuance of IBCs for current and development budget |
| Finance Division |
| 3rd week of April 2022 |
| APCC & NEC meetings |
| Planning Division & Finance Division |
| April – May 2022 |
| Submission of BO/NIS Forms for the current budget |
| PAOs |
| 25th April to 10th May 2022 |
| Submission of BO/NIS Forms by Ministries / Divisions for development budget |
| PAOs |
| 10th to 17th May 2022 |
| Completion of all Budget Documents, Schedules, and Summaries for the Cabinet, etc. |
| Finance Division |
| End of May 2022 |
| Presentation of Budget to the Cabinet and the Parliament |
| Finance Division |
| 1st Week of June, |
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The expectation of Employees from the Coming Budget
The employees of Pakistan are expecting much from this budget. This is mainly the last budget to utilize by this Government. The employees hope that Government will do much for the employees in this coming budget. The employees demanding the following to increase/grant:
- Revision of Basic Pay Scales 2022
- Merging of All Adhoc Relief /Disparity Reduction Allowance/ Special Allowance
- Upgradation of various pay scales to remove disparity of all employees
- Grant of Time Scale
- Increase in House Rent Allowance for All Employees
- Increase in Pension
- Enhancement in Medical Allowance
- Increase in Conveyance Allowance
As the Government now in Pakistan changed, Now the combined Government of PMLN, PPPP, JUI, MQM, BAP, and other political parties in Pakistan exists.
The track record of the past shows that PPP always increased the salaries. However, if we look into the matter of Revised Pay Scales, then PMLN played a vital role in this regard.