Unsustainable growth (opens original article in a new tab)

The budget focuses on populist measures and real estate-driven growth but lacks strategies for sustainable economic development.

• Finance Minister Muhammad Aurangzeb's budget includes tax relief for high earners and farmers but lacks relief for low- to middle-income households.
• The budget emphasizes real estate as a growth driver, a recurring strategy in Pakistan's economic management.
• The document lacks a coherent industrial policy to support sustainable, export-led growth.