budget

PML(N)-led coalition govt struggles to strike a delicate balance between outright populism & fiscal discipline
Print

PML(N)-led coalition govt struggles to strike a delicate balance between outright populism & fiscal discipline

  • Dar presents Rs14.5trn budget
  • Budget closely watched by IMF
  • 3.5% economic growth target set
  • Fiscal deficit target set at 6.54% of GDP
  • Govt targets inflation at 21%
  • Total spending target of 14.46 trillion rupees set
  • Defence expenditure estimated at 1.8 trillion rupees
  • Targets total tax revenue of 9.2 trillion rupees
  • Targets total non-tax revenue of 3 trillion rupees
  • $30 billion export target set
  • No new tax on industrial sector
Published 10 Jun, 2023 05:00am
Budget strategy for FY2023-24
Opinion

Budget strategy for FY2023-24

The budget for 2023-24 will be presented by the federal government in the Parliament in the next few days. There has...
Published 06 Jun, 2023 05:33am
‘Plan B’!
Editorials

‘Plan B’!

EDITORIAL: Federal Finance Minister Ishaq Dar’s repeated claim that the Ministry of Finance has a ‘Plan B’ in...
Updated 06 Jun, 2023 06:01am