Budget and the economy
Courtesy:- Malik Muhammad Ashraf The National Assembly, after a two-week long debate, passed the Rs. 4. 3 trillion budget for 2015-16 on Tuesday, giving it a legal cover. Managing an economy and preparation of budget is indeed a very complex and arduous undertaking, especially with a resource-constrained country like Pakistan. The budgets are not only the statements of revenue raised and expenditures on running the government, but are also an embodiment of an overall economic vision. This is in regards to putting the economy on the path of sustained economic growth, with the ultimate goal of promoting the economic well being of the people through generations of more employment opportunities.