A. Rs.101.781 bn
B. Rs.103.781 bn
C. Rs.105.781 bn
D. None of these
Answer
Correct Answer: B. Rs.103.781 bn
Detail About MCQs
In the FY 2024-25, overall spending on education stands at Rs.103.781 bn. Higher education will receive Rs.79 bn, which decreases Rs 2 bn. Furthermore, it will also get a Rs.66 bn receipt as part of PSDP. The Federal Ministry of Education will be allocated Rs.25 bn to fund Islamabad’s local education and development. For instance, Punjab, Sindh, KP, and Balochistan have allocated Rs.669.7 bn, Rs.454 bn, Rs.362.68 bn, and Rs.32 bn respectively in their provincial budgets. Overall, the federal and provincial governments are set to spend around Rs.1622.161 bn on education in the next fiscal year.