The first budget of the new PA Government will be presented in Parliament today. This budget has drawn the keen attention of the working class, business community, and opposition political parties than at any time before.
Most expectations are for relief from the rising cost of living.
The government recently introduced a floating exchange rate and imposed a surcharge on non-essential imports. These decisions of the Government were subject to intense dialogue. Defence expenditure is expected to increase further from last year's Rs. 83 billion. The country is keenly awaiting the measures that would be adopted to bridge the deficit according to the appropriation bill introduced in Parliament last January. The anticipated expenditure of the Government is Rs.