State Minister for Finance Saleem Mandviwala on Thursday apprised the National Assembly that Pakistan had received $3.605 billion under the Coalition Support Fund (CSF) head so far during the last five years.
In response to various questions during question hour, he said that the receipts under CSF become as part of the federal consolidate fund, therefore its head wise utilisation was not possible. However, he said that some of it was given to armed forces and remaining was used for budgetary support.
Giving the breakup, the minister said that the country received Rs 20.370 billion CSF in 2007-08, Rs 17.600 billion in 2008-09, Rs 53.168 billion in 2009-10, Rs 44.595 billion in 2010-11 and Rs 28.600 billion in 2011-12.
To another question, the minister said that the government collected Rs 343,867 million petroleum levy for the last four years as reported by the AGPR through the federal civil accounts.
Giving the breakup, he said that Rs. 112,011 million petroleum levy was collected in 2008-09, Rs 88,742 million in 2009-10, Rs 82,745 million in 2010-11 and Rs 60,369 million in 2011-12.
The revenue from petroleum levy was a part of federal consolidated fund and it was not possible to correlate specific receipts with specific expenditure, he said. To another question, Saleem Mandviwala told the House that budget deficit during the period July-December 2012 was projected at 2.8 percent of GDP as against 4.7 percent of GDP estimated for the fiscal year 2012-13.
He said that federal net revenue receipt amounted to Rs 759 billion against target of Rs 1,775 billion for whole year while expenditure were Rs 1,497 billion against budgetary allocation of Rs 2,960 billion for whole year.