Budget presser (opens original article in a new tab)

Pakistan's finance minister highlighted growth and relief measures in the budget, but the plan relies on untested tax collection methods and lacks structural reforms, raising concerns about fiscal stability.

• Finance Minister Muhammad Aurangzeb's post-budget presser emphasized growth after a stabilisation phase with relief measures for taxpayers and businesses.
• The budget includes tax cuts and subsidies but relies on untested mechanisms to meet a high tax collection target, raising concerns about fiscal stability.
• No significant tax base expansion or structural reforms were introduced, leaving key economic issues unresolved.