Constitution of the Islamic Republic of Pakistan, 1973 — Article 120

120. Annual Budget Statement..—(1) The Provincial Government shall, in respect of every financial year, cause to be laid before the Provincial Assembly a statement of the estimated receipts and expenditure of the Provincial Government for that year, in this Chapter referred to as the Annual Budget Statement.

(2)The Annual Budget Statement shall show separately

(a)the sums required to meet expenditure described by the constitution as expenditure charged upon the Provincial Consolidated Fund; and 1 Subs. by the Constitution (Eighteenth Amendment) Act, 2010 (Act No. X of 2010), s. 38. 2 Ins. by the Constitution (Eighteenth Amendment) Act, 2010 (Act No. X of 2010), s. 38.

(b)the sums required to meet other expenditure proposed to be made from the Provincial Consolidated Fund; and shall distinguish expenditure on revenue account from other expenditure. 121. Expenditure charged upon Provincial Consolidated Fund. The following expenditure shall be expenditure charged upon the Provincial Consolidated Fund:

(a)the remuneration payable to the Governor and other expenditure relating to his office, and the remuneration payable to

(i)the Judges of the High Court; and

(ii)the Speaker and Deputy Speaker of the Provincial Assembly;

(b)the administrative expenses, including the remuneration payable to officers and servants, of the High Court and the Secretariat of the Provincial Assembly;

(c)all debt charges for which the Provincial Government is liable, including interest, sinking fund charges, the repayment or amortisation of capital, and other expenditure in connection with the raising of loans, and the service and redemption of debt on the security of the Provincial Consolidated Fund;

(d)any sums required to satisfy any judgement, decree or award against the Province by any court or tribunal; and

(e)any other sums declared by the Constitution or by Act of the Provincial Assembly to be so charged.