The budget is being closely watched by the International Monetary Fund as the South Asian country seeks further bailout money during an economic and balance of payments crisis.
Finance Minister Ishaq Dar was scheduled to attend meetings from 10 April and see top IMF officials and multilateral creditors in a bid to secure stalled funding.
In all fairness to Dar, fixing fundamental problems such as high indirect taxation and heavy consumption of imported luxury items is beyond his pay scale.
Insanity is doing the same thing and expecting different results, Albert Einstein said. But Paksitanis don't get it--Dar's been appointed FM for the fifth time.
Dar will steer Pakistan’s finances at a time when his country is struggling with an economic crisis worsened by deadly floods and is marked by high inflation.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
COMMENTS