Budget Execution Report 2nd QUARTER 2020-21 31th December, 2020 Government of Sindh Finance Department Table of contents: Introduction ............................................................................................................................................................................. 2 Table 1 Interim Fiscal Statement .......................................................................................................................................... 3 Table 2 Revenue by Object .................................................................................................................................................... 4 Table 3 Revenue by Department........................................................................................................................................... 7 Table 4 Expenditure by Department .................................................................................................................................... 9 Table 5 Recurrent Expenditure by Department, Grant and Object ............................................................................... 20 Table 6 Provincial ADP by Sector and Sub-sector .......................................................................................................... 41 Table 7 Development Expenditure by Sector, Subsector and Scheme ....................................................................... 42 Table 8 Current Capital Expenditure ................................................................................................................................ 196 Glossary ............................................................................................................................................................................... 197 End Note ............................................................................................................................................................................... 198 Introduction In order to foster economic development, achieve strategic and social goals, and better service delivery, Government of Sindh has adopted a road map for short-to-medium term policy interventions. These interventions also recommend core and subsidiary activities to achieve the overall goal of transparency, accountability, efficiency, and fiscal discipline in the management of public resources for improved service delivery and economic development. Government is eager; to ensure efficient and effective budget utilization, accurate and timely accounting and reporting and effective scrutiny and review of the expenditure of public resources at all levels of government; to ensure accountability of public resources and the effectiveness and lawfulness in the collection and application of public funds; to improve internal control including enhanced accountability in new emerging areas of budget making, revenue collection and accounting, reporting on results and monitoring and evaluation through improved capacity. As part of the PFM reform agenda Government of Sindh is striving to bring improvements in the in- year reports and year-end reports. One of the in-year reports is the Budget Execution Report (quarterly report) for the Provincial Assembly. This budget execution report presents the progressive actual revenue and expenditure in the 1ST quarter of the fiscal year 2020 -21 compared to the budget (revenue target and expenditure allocations). Moreover, the report presents the developments in the public account and food account, as well as the utilization of the financing instruments. The report aims to be one of the tools for the Provincial Assembly to exercise oversight on the operations of the executive. The report is also placed on the website (www.finance.gos.pk)) so as to inform the public about implementation of the budget of the Government of Sindh. The Government of Sindh has embarked on a comprehensive 10-year Public Financial Management Reform Trajectory. One of the reform activities is to improve the comprehensiveness, quality and availability of budget execution reports. This quarterly budget execution report issued by the Finance Department has been improved in accordance with the reform agenda and is planned to undergo further improvements in the near future. (SYED HASSAN NAQVI) Finance Secretary Government of Sindh TABLE 1 FISCAL STATEMENT 31.12.2020 ( Rs. in billion ) Description Original Modified Actual Variance Actual Budget Budget To date Modified against 2020-21 2020-21 against Modified Original Budget(%) Budget 1. TOTAL REVENUE (A=B+C) 1,142.7 1,142.7 437.0 0.0 38% FEDERAL TRANSFER (B) 775.0 775.0 328.2 0.0 42% Federal PSDP 14.4 14.4 0.7 0.0 5 Other Grants (OZT) 18.3 18.3 7.7 0.0 42 Revenue Assignment 680.0 680.0 285.2 0.0 42 Straight Transfers 62.3 62.3 34.6 0.0 56 PROVINCIAL REVENUE (C) 367.7 367.7 108.8 0.0 30% Foreign Project Assistance 54.6 54.6 1.1 0.0 2 Non-Tax Revenue 49.8 49.8 4.8 0.0 10 Other Tax Receipts 128.3 128.3 48.2 0.0 38 Sales Tax on Services 135.0 135.0 54.7 0.0 41 2. TOTAL EXPENDITURE 1,201.9 1,234.9 422.4 16.2 34% Current Revenue Expenditure (E) 969.0 970.9 373.5 1.9 38% Pension Payments 145.1 145.1 76.5 0.0 53 Employee Related Expenses 413.0 412.0 181.8 -1.0 44 Operating and Maintenance Expenses 153.2 152.7 32.5 -0.5 21 Grants, Subsidies and write off loan 222.0 225.7 78.6 3.7 35 Physical Assets & Project Pre-Investment 16.1 15.8 0.4 -0.3 2 Interest 19.6 19.6 3.8 0.0 19 Development Expenditure (F) 232.9 264.0 48.9 14.3 19% PROVINCIAL ADP 155.0 156.9 38.2 1.9 24% On-Going Schemes 120.3 121.4 38.1 1.0 31 New Schemes 34.7 35.6 0.0 0.8 0 District ADP 28.8 28.9 0.2 0.1 1 Foreign Projects Assistance 54.6 63.6 7.1 9.0 11 Federal PSDP 11.1 14.6 3.5 3.5 24 3. OPERATING BALANCE (G=A-D) -59.2 -92.2 14.6 -16.2 4. NET LENDING ITEMS(H) 13.1 13.1 11.2 0.0 Net Food Account - State Trading -11.9 -11.9 -8.8 0.0 Net Public Account 25.0 25.0 20.0 0.0 5. FISCAL BALANCE (I=G+H) -46.1 -79.0 25.8 -16.2 6. FINANCING (J=K+L) 15.8 50.9 59.1 35.1 Net Capital Receipts and Expenditure (K) -14.2 -14.2 -6.0 0.0 General Capital Receipts 25.0 25.0 7.3 0.0 Current Capital Expenditure -39.2 -39.2 -13.3 0.0 Carry Over Cash Balance (Opening) (L) 30.0 65.1 65.1 7. CLOSING BALANCE (N=I+J) -30.3 -28.1 84.9 TABLE 2 REVENUE BY OBJECT 31.12.2020 ( Rs. in million ) Description Original Modified Actual Variance Actual Budget Budget To date Modified against 2020-21 2020-21 against Modified Original Budget(%) Budget TOTAL REVENUE (A=B+C) 1,142,725 1,142,725 437,022 0 38 FEDERAL TRANSFER (B) 775,025 775,025 328,205 0 42 B01-DIRECT TAXES 279,678 279,678 112,014 0 40 B011-TAXES ON INCOME 278,945 278,945 111,993 0 40 B017-CAPITAL VALUE TAX ON 733 733 21 0 3 IMMOVEABLE PROPERTY B02-INDIRECT TAXES 410,207 410,207 176,052 0 43 B020-SEA CUSTOMS 87,326 87,326 42,871 0 49 B023-SALES TAX 265,126 265,126 114,344 0 43 B024-FEDERAL EXCISE 47,867 47,867 16,008 0 33 B025-FEDERAL EXCISE ON NATURAL 9,888 9,888 2,829 0 29 GAS C03-MISCELLANEOUS 85,140 85,140 40,139 0 47 RECEIPTS C036-GRANTS 32,684 32,684 8,339 0 26 C039-DEVELOPMENT SURCHARGE 52,456 52,456 31,800 0 61 AND ROYALTIES PROVINCIAL REVENUE (C ) 367,700 367,700 108,818 0 30 B01-DIRECT TAXES 30,788 30,788 2,273 0 7 B011-TAXES ON INCOME 3,874 3,874 326 0 8 B013-PROPERTY TAX 9,376 9,376 815 0 9 B014-LAND REVENUE 750 750 113 0 15 B015-WORKERS WELFARE TAX 10,000 10,000 0 0 0 B016-TAX ON PROFESSION, TRADES 1,100 1,100 339 0 31 AND CALLINGS B017-CAPITAL VALUE TAX ON 5,688 5,688 680 0 12 IMMOVEABLE PROPERTY B02-INDIRECT TAXES 159,074 159,074 67,689 0 43 B021-LAND CUSTOMS 0 0 0 0 0 B023-SALES TAX 125,000 125,000 54,702 0 44 B026-PROVINCIAL EXCISE 7,620 7,620 2,553 0 34 B027-STAMP DUTY 18,000 18,000 6,158 0 34 B028-MOTOR VEHICLES 8,454 8,454 4,275 0 51 B029-SALE OF OPIUM 0 0 0 0 0 B03-INDIRECT TAXES 73,413 73,413 32,969 0 45 B030-OTHER INDIRECT TAXES 73,413 73,413 32,969 0 45 C01-INCOME FROM 101 101 0 0 0 PROPERTY AND ENTERPRISE C010-PROFITS 0 0 0 0 0 C013-INTEREST ON LOANS TO 101 101 0 0 0 DISTRICT GOVT. / TM C013-INTEREST ON LOANS TO LOCAL/ 0 0 0 0 0 AUTONOMOUS B TABLE 2 REVENUE BY OBJECT 31.12.2020 ( Rs. in million ) Description Original Modified Actual Variance Actual Budget Budget To date Modified against 2020-21 2020-21 against Modified Original Budget(%) Budget C014-INTEREST ON LOANS & 0 0 0 0 0 ADVANCES TO FIN. INS C016-INTEREST ON LOANS & 0 0 0 0 0 ADVANCES TO GOVT. SE C017-INTEREST ON LOAN & 0 0 0 0 0 ADVANCES - OTHERS C02-RECEIPTS FROM CIVIL 7,715 7,715 2,421 0 31 ADMIN. AND OTHER FUNC C021-GENERAL ADMN. 213 213 62 0 29 RECEIPTS-ORGANS OF STATE C022-GENERAL ADMN. 1,111 1,111 551 0 50 RECEIPTS-FISCAL ADMN. C023-GENERAL ADMN. 0 0 45 0 0 RECEIPTS-ECONOMIC REGULATI C023-GENERAL 505 505 0 0 0 ADMN.RECEIPTS-RECEIPT ECO. REGUL C024-GENERAL ADMINSTRATION 0 0 0 0 0 RECEIPTS - STATIST C025-DEFENCE SERVICES RECEIPTS 0 0 0 0 0 C026-LAW & ORDERS RECEIPTS 3,933 3,933 0 0 0 C026-LAW AND ORDER RECEIPTS 0 0 1,460 0 0 C027-COMMUNITY SERVICES 719 719 122 0 17 RECEIPTS C028-SOCIAL SERVICES 1,234 1,234 174 0 14 C029-SOCIAL SERVICES 0 0 7 0 0 MISCELLANEOUS C03-MISCELLANEOUS 41,968 41,968 2,345 0 6 RECEIPTS C031-ECONOMIC SERVICES RECEIPTS 505 505 23 0 5 FOOD & AGRICU C032-ECO. SERVICE REC.FISHERIES, 0 0 15 0 0 ANIMAL HUSBA C032-ECONOMIC SERVICES RECEIPTS 62 62 0 0 0 FISHERIES & A C033-ECONOMIC SERVICES RECEIPTS 370 370 0 0 0 FOREST C033-ECONOMIC SERVICES RECEIPTS 0 0 24 0 0 FORESTS C034-ECO.