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Annual budget: a useless exercise

GOVERNMENTS create a lot of waste. Pakistan recently witnessed this in the form of the sugar scandal (courtesy of government subsidies and regulations), a recurrent theme in our economic history.…

The Culture Of Annual Country Budget

The culture of annual country budget

Every year it is the repeat of the last year's budget - rationalisation and rhetoric abound. This year was no different. The budget speech I am told is of 66…

Healthcare and Budget 2021-22

PAKISTAN is a known low-spender on health. To put things into perspective, according to estimates done in 2017-18, Pakistan spent $45 per person on health, while Iran spent $484 and…

Poverty and the budget

Low economic growth, resulting from contractionary fiscal stabilisation policies, is a serious issue – but it is far overshadowed by debilitating poverty and unemployment. An unemployment rate of 4.5 percent…

Budgeting with constraints

PAKISTAN has been struggling with low economic growth for three decades. Since 1990, real GDP growth has averaged 4.2 per cent. By comparison, South Asia has averaged economic growth of…

Small-ideas budget

OUR long desire to emulate the Asian Tigers’ progress remains unsuccessful so far, reflecting an inability to craft a viable development strategy. So our budgets too, like the new PTI…

The KP budget

On a positive note, the Khyber Pakhtunkhwa budget documents format has been added nuance with quality paper and infographic presentation. The budget speech is a powerpoint presentation. The white paper,…

Budget: a futuristic story

Pakistan’s Budget 2022 has to be a convincing story for the nation that beyond the clouds the sun is shining. It has to be a story that unveils, in-order of…

HEC budget shortfall puts varsities in a fix

Pakistan - a 220 million population’s country with more than 1.8 million undergrad and graduation students enrolled in 135 public sector universities has spent only Rs64 billion ($400 million) on…