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A budget for growth

As Pakistan prepares for its upcoming Budget 2025-26, it finds itself once again caught between the stringent demands of an International Monetary Fund (IMF) programme and the aspirations of a…

India’s Budget

The Indian economy, despite its resilience and potential, faces a multitude of challenges as it passes through the complexities of a rapidly changing global economic environment. Persistent inflationary pressures, rising…

IMF and provincial governments

Three provincial chief ministers from three competing political parties – Punjab (PML-N), Sindh (PPP) and Khyber Pakhtunkhwa (PTI) — are vying with each other to deliver more to their people…

Budgetary system & fiscal governance

Pakistan’s budget process, while clearly defined in the 1973 Constitution, subordinate legislations like the Public Financial Management Act (PFMA), 2019 and guided by detailed manuals e.g. Budget Manual 2020, suffers…

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…