10/06/2023
How will the gap between income and expenditure be met in this era of inflation? In response to this question, the government has presented the federal budget for the next financial year, which will have an impact on the entire country. This budget has come out at a time when Pakistan is facing political and economic crisis. A major problem is that the internal and external loans taken by the government have to be returned and installments of some have to be paid. Pakistan already has very little foreign exchange, especially the US dollar. In such a situation, the government of Pakistan is willing to enter into an agreement with the International Monetary Fund (IMF) for the loan, from which it is expected to receive about two billion dollars
