Analysing budget 2009-10

The government has presented its second budget in the backdrop of a difficult economic situation. Like the previous fiscal, fiscal year 2008-09 has also been a challenging year. The government was faced with unsustainable fiscal and current-account deficits, rising inflation,...

Pakistan Budget 2009-10

The present government will be presenting its second budget on June 13. Before one analyses the expected policy stance for the 2009-10 fiscal year, it is essential to review the current policy stance pursued by the government. Pakistan’s balance of payments came under...