Reorienting Budget 2024-25
THE CONTEXT: Budget 2024-25 is being presented at a time when things are tough for millions of citizens. Exhausting inflation in fiscal years (FYs) 23 and 24, has eroded 40…
Democratizing the budget
The ruling coalition government in the country has submitted Budget FY25 to the national parliament. Pakistan’s budget-making and approval process, in its essence, is undemocratic and at times devoid of…
Budget FY25: Test of fiscal discipline
Walking a tightrope to balance income against expenditure without hurting the people and losing political capital has always remained a challenge for the finance minister of Pakistan who is making…
An appraisal of FY25 federal budget
The Federal budget for 2024-25 has been presented in a mixed economic environment characterised by both positive and negative developments. The GDP growth rate has turned positive to 2.4% from…
Budget: an analysis
Flanked by the Deputy Prime Minister, Muhammad Ishaq Dar, once hailed as the PM-N’s (Pakistan Muslim League-Nawaz’s) strategic brain, and Defense Minister Khawaja Muhammad Asif, the finance minister delivered his…
Budget: inflation must be top priority
Inflation is pushing an ever increasing number below the poverty line (currently estimated at 40 percent comparable to Sub-Sahara Africa) and the critical question that should, not likely to be,…
Budget: rationalise taxation
On the eve of another ritual exercise of announcing federal budget, official date has yet to be finalised, expected on June 12, 2024, there is a need to re-evaluate tax…
Budget projections for FY25
There is overwhelming evidence that approval of the budget for next fiscal year, reportedly to be presented to parliament on 7 June, will be a “prior” condition for the twenty…
Meaningless budget
Pakistan’s annual budget due this month is in danger of becoming meaningless unless backed by progressive and brave policy reforms. For years, successive governments have presided over largely inconsequential budgets…
Centre restores HEC’s Rs65bn recurring budget, says chairman
Higher Education Commission (HEC) Chairman Dr Mukhtar Ahmed said on Tuesday that the government has reversed the decision to cut the commission’s recurring budget from Rs65 billion to Rs25 billion…
