Fiscal and monetary policies are in contradiction to each other, which has negative implications for achieving the macroeconomic and fiscal targets presented by the government in the Federal Budget 2023-24.
The budget portrays a weak resource mobilisation strategy, where net revenue receipts of the federal government are not enough to cover even the interest payments.
These remarks were made by experts at a seminar that was organised by the Applied Economics Research Centre (AERC) and the Social Policy & Development Centre (SPDC) at the University of Karachi.
https://www.thenews.com.pk/print/1082851-federal-budget-portrays-weak-resource-mobilisation-strategy
