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Entries Tagged ‘Budget 2009-10’

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, rapidly declining foreign-exchange reserves and the rupee coming under severe pressures.
The government had two [...]

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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 severe pressure during fiscal 2007-08 and in the first four months (July-October) [...]

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