Article Type
Article
Description
The annual budgets of the federal and provincial governments should make a significant impact on the real economy, financial variables, social sectors, poverty and income distribution and finally make up the infrastructure deficit. The real economy is affected in terms of output level, employment, growth rate, investment and savings. The financial variables affected are fiscal balances, current account, debt-to-GDP ratio and taxto-GDP ratios, etc. Social sectors such as education, health, water supply, social safety nets are directly impacted while poverty and income distribution are indirectly impacted. Infrastructure deficit can be made up by complementary private investment.
Publication Source
Dawn
Publication Date
6-20-2015
Pages
1-4
Recommended Citation
Husain, Ishrat. (2015, June 20). Budgets and the Real Economy. Dawn, . 1-4. https://ir.iba.edu.pk/faculty-research-press/616
