Budget Commentary Series – Dr. Mohsin Khan
Dr. Mohsin Khan is the Advisor to the Board of Directors at the Institute of Development & Economic Alternatives (IDEAS).
Key Takeaways from podcast:
“The budget is a stop-gap measure, enough to meet the conditions of the ninth IMF review & to appeal to voters. Pakistan’s larger macroeconomic issues remain unaddressed. For longer term growth and stability, and for the budget to be effective and transformational, needs to expand its tax base, rationalise expenditures (esp subsides), & reduce the fiscal deficit which is close to 7% of GDP.”