APPROPRIATION BILL FOR 2016 PRESENTED

The government yesterday presented the Appropriation Bill depicting state expenditure for the year 2016 which totals up of Rs. 1,954.4 billion compared to Rs. 1,600 billion, which was the approximate total expenditure in 2015.

The total recurrent expenditure for 2016 is Rs. 1,314 billion while the capital expenditure will be Rs. 626 billion.

The projected expenditure for the President will be Rs 2.3 billion (Rs 2. 392, 075, 000). The expenditure for the President was approximately Rs 9 billion more in 2015.

The total estimated spending of Prime Minister for 2016 is Rs 486.2 billion

As per the Bill, defence expenditure for the year 2016 is projected to be Rs 306.657 billion (Rs 306, 657, 824.000) which is a slight increase compared to the 2015 budget. The defence budget for 2015 was nearly Rs 263.02 billion.

The estimated expenditure for Education is Rs 186 billion which is projected as a huge increase as only Rs 47 billion was incurred the previous year.

Expenditure for health is Rs 174 billion while the government intends to spend Rs 156 billion for public administration. The amount which the government had allocated for spending for agriculture is Rs 54.2 billion. The intended spending for Local government and provincial council ministry is Rs 237 billion and is high compared to other expenditure heads.

The projected spending for Ministry of Megalopolis and Western Province Development is Rs 21.9 billion while the spending for the ministry of national policies and economic affairs is Rs 11.9 billion.

The estimated spending for the ministry of national integration is Rs 100.4 million while Rs 790,815 million is allocated for the spending of Ministry of National Dialogue. The estimated spending for Ministry of Law and order for 2016 is Rs 76,925 million.