For several years now, Balochistan’s budget has run into significantly large to massive deficits. This year, the deficit was over 17 per cent of its current and development expenditure combined. The deficit in the provincial budget for the next financial year is projected to be Rs47.7bn or 11.4pc of the total estimated spending. Usually, provincial deficits aren’t taken seriously because, …
Read More »Running a deficit is a cry for attention
June 24, 2019