PML(N)-led coalition govt struggles to strike a delicate balance between outright populism & fiscal discipline
* Dar presents Rs14.5trn budget * Budget closely watched by IMF * 3.5% economic growth target set * Fiscal deficit target set at 6.54% of GDP * Govt targets inflation at 21% * Total spending target of 14.46 trillion rupees set * Defence expenditure estimated at 1.8 trillion rupees * Targets total tax revenue of 9.2 trillion rupees * Targets total non-tax revenue of 3 trillion rupees * $30 billion export target set * No new tax on industrial sector
Source: brecorder.com
