Pakistan Considers Supplementary Budget Amid Economic Challenges
Pakistan is reportedly considering a supplementary budget, a move that has been described as a potential trap, as the country grapples with economic challenges.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Low (19/100)Sources
Cutting out the middleman
Every federal budget is a stark reminder of how much Pakistan’s federal government is unable to spend within its means. Therefore, the burden to keep fiscal balance somewhat manageable falls on the same few sacrificial lambs, typically the formal sector in terms of collection and development needs for expenditure. Troublesome as it may be, the country’s gross public debt ratio of 70 per cent is not outrageously high by developing economy standards. However, one big problem is its concentratio...
By none@none.com (Mutaher KhanShahzaib Abbasi)
Read full article →The supplementary budget trap
It mocks fiscal discipline as parliament approves spending after money is spent
By Faran Mahmood
Read full article →Coverage Timeline
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