Treasury outflows surpass inflows by Rs. 650.8 bln
View(s):The Treasury is barely managing daily public financial affairs with the cash outflow surpassing inflows, Finance Ministry data shows.
During the first four months of this year cash inflows by way of revenue and other receipts amounted to
Rs. 598.5 billion as against the estimation of Rs. 613.7 billion, achieving
97.5 per cent from the estimate.
But cash outflow (for this period) for both recurrent and public investment amounted to Rs. 1,249.3 billion as against the estimate of Rs. 1,210.2 billion. This was a 22.2 per cent increase compared to Rs. 1,022.7 billion over the same period of 2021.
Total cash deficit as at 30th April 2022 was Rs. 650.8 billion, an increase of 15.5 per cent compared to Rs. 563.6 billion deficit as at end April 2021 mainly due to increase in the operational expenditure and public investment by 14.8 per cent and
64.5 per cent, respectively.
However, the closing negative cash and bank balance as at 30th April 2022 was recorded as Rs. 230.3 billion against the Rs. 620.5 billion which prevailed as at 30th April 2021, the data indicated.
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