Economy / Pakistan
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Budget Keeping An Eye On Elections
June 2007 | Economic AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The unveiling of Pakistan's federal budget for FY07/08 (starting July 1) on June 9 has met with somewhat of a mixed reception. The record PKR1.874trn (US$30.9bn) package has received plaudits for its focus on promoting economic growth, as the authorities target GDP growth of 7.2% in FY07/08 (up from an anticipated 7.0% this year), and also for its strong spotlight on welfare, but opinion is divided as to whether the populist budget will be capable of achieving the ambitious targets set by the government.