About the budget - News Summed Up

About the budget


Considering this was Asad Omer’s second budget in a few months, he could have reminded everybody a little less about the last government’s economic track record, and the opposition could have played less of a spoiler role. Also, the finance minister was right that this was less a budget and more an exercise in policy reform. And the tax concessions for the corporate and banking sectors is just the right thing to do to revive market confidence. Plus these populist measures have come when the ruling party has faced a lot of bad press. Without that elbow room, such populist measures, appreciated as they are, will only require a U-turn sooner or later.


Source: Pakistan Today January 24, 2019 09:33 UTC



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