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The Development Budget

The development budget

During the first nine months of FY 2015-16, the Punjab government utilised only around Rs189.8 billion (51.4 percent) out of a total development outlay of Rs369.1 billion provided in the…

The Budget And Development

The budget and development

The budget is not just an accounting exercise that brings government expenditures and revenues in line with what is considered a prudent deficit target. For it to be meaningful, the…

Budgeting chaos

‘STABILISATION’ is the favourite word of mainstream economists. The IMF loves it, and has recently hinted that Pakistan’s economy has ‘stabilised’ enough for it to dole out another three-year handout…

Budgets to empower women

HOW much do governments in Pakistan spend to empower women? What are the trends in allocating and expending budgets for facilities and institutions that help women and girls get equal…

Budgeting without people

BUDGET time is here again, with unending discussions of money in amounts most of us cannot fathom. Numbers amounting to billions and arabs — not to be mistaken for the Saudi…

Dead end budget

DOES anyone even take the finance ministry seriously anymore? With each passing year, this question becomes less and less rhetorical, as our notionally sovereign economy turns into a plaything of…

Budget and parliament

IN Pakistan, this time of the year is a regular reminder of how farcical the role of parliament has become when it comes to ensuring that the annual budget reflects…

Budget repair

THE federal budget for fiscal year (FY) ‘24 will be presented against a complex domestic environment and a challenging global economy. There has never been a more critical time to…

Budget and parliament

ALTHOUGH an intense public debate had been going on about the contents and quality of the recently passed federal budget, there has not been much discussion on the deeply flawed…

Medium-term budget strategy

The Federal Ministry of Finance has released the Medium-Term Budget Strategy Statement for the period, 2024-25 to 2026-27. The Fiscal Responsibility and Debt Limitation Act of 2005 states that the…