Article Type
Article
Description
The anticipation about national budget creates a lot of hype, particularly among the news channels, which have swollen in numbers and work in a highly competitive environment. However, by the time the actual budget is announced most of the information becomes already available in the public domain through trickles and dribs. The budget announcement, itself, comes as an anti-climax as it does not contain much that is not already known. Commentators and observers make superficial points about the realism of the budget targets and numbers. What is really important is to understand the dynamics and the context — particularly, the political economy of budget making.
The main considerations affecting the budget are: external and domestic conditions, the expectations of the public at large and most importantly, the interests of the major ruling party.
Publication Source
The News
Publication Date
6-13-2011
Pages
1-2
Recommended Citation
Husain, Ishrat. (2011, June 13). Political Economy of Budget. The News, . 1-2. https://ir.iba.edu.pk/faculty-research-press/514
