Pakistan

Zardari says budget failed to address critical issues

Asif-Zardari

ISLAMABAD: Former president Asif Ali Zardari said the budgetary proposals failed to address critical issues in documenting economy, improving revenue collection, preventing tax evasion, and addressing the growing disparity between the rich and the poor.

He said Pakistan People’s Party (PPP) will also give its detailed observations both inside and outside the parliament, PPP media cell reported.

Spokesperson Senator Farhatullah Babar said that the co-chairperson of PPP was disappointed that the financial proposal failed to address some fundamental issues.

The PPP media cell press release said the federal budget 2016-17 had miserably failed in arresting the alarming downslide of agriculture sector, the growing frustration of government employees and wage earners and in tackling environmental degradation and climate change that were intricately linked to economic development, he quoted the former president as saying.

“Worst still, as already pointed out by leading economists, the government has manipulated figures like the GDP growth, tax to GDP ratio, unemployment and inflation rates and fiscal deficit,” it said.

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