The Pakistan federal budget of 2011–2012 was presented in the National Assembly with a total outlay of 3.767 trillion rupees for fiscal year 2011–12. The budget was prepared in accordance with the budgeting and accounting classification system approved by the Government of Pakistan as an integral part of the new accounting model. The three year's medium-term indicative budget ceilings were issued to all principal accounting officers of the federal government. A new budget preparation method, called the 'output based budgeting' was introduced, which presented the federal budget by services and effects of services on target population and linked them with performance indicators and targets over the 3-year period. The budget was called 'pro-poor budget' by the parliamentarians.
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