{"id":17643,"date":"2022-05-31T11:28:24","date_gmt":"2022-05-31T06:28:24","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=17643"},"modified":"2022-05-31T11:28:26","modified_gmt":"2022-05-31T06:28:26","slug":"budget-dictionary-2022-23-a-one-stop-shop-for-financial-terms","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2022\/05\/31\/budget-dictionary-2022-23-a-one-stop-shop-for-financial-terms\/","title":{"rendered":"Budget Dictionary 2022-23: A one-stop shop for financial terms."},"content":{"rendered":"\n<p>Miftah Ismail, the Federal Minister of Finance and Revenue, will present the much-needed federal budget for the fiscal year 2022-23 on June 10. With the country&#8217;s current economic situation, the stakes are high.<\/p>\n\n\n\n<p>The budget comes amid a 6 percent (provisional) economic growth, and all eyes are on the new coalition government to see how it prioritizes spending to get the crisis-hit nation back on track. With only a few days until the PML-N government releases the budget for 2022-23, here&#8217;s a one-stop shop for all financial terms that will help you understand the contours of the finance bill.<\/p>\n\n\n\n<p>GDP<\/p>\n\n\n\n<p>Gross domestic product (GDP) is the total monetary or market value of all goods and services.<\/p>\n\n\n\n<p>The Public Sector Development Programme (PSDP) is an important public intervention to encourage private investment through human capital development and infrastructure improvement. The PSDP is consistent with the government&#8217;s overall long-term development goals.<\/p>\n\n\n\n<p>Revenue<\/p>\n\n\n\n<p>The revenue budget details the sources of revenue for the government. Tax revenue and non-tax revenue are two types of revenue receipts.<\/p>\n\n\n\n<p>Miftah Ismail, the Federal Minister of Finance and Revenue, will present the much-needed federal budget for the fiscal year 2022-23 on June 10. With the country&#8217;s current economic situation, the stakes are high.<\/p>\n\n\n\n<p>As the budget is released amid a 6% (provisional) economic growth, all eyes are on the new coalition government to see how it performs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Miftah Ismail, the Federal Minister of Finance and Revenue, will present the much-needed federal budget<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[215],"tags":[1204],"class_list":["post-17643","post","type-post","status-publish","format-standard","hentry","category-latest","tag-budget"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Budget Dictionary 2022-23: A one-stop shop for financial terms.<\/title>\n<meta name=\"description\" content=\"Miftah Ismail, the 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