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coal power plants

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