A Very Good Budget
Every Federal Budget is usually better than the previous year, this year even more so. Presented by the Federal Minister of State for Finance Omar Ayub on June 9, 2007, it had a three-fold purpose viz (1) to try and alleviate the poverty of the common man (2) provide incentives for greater investment, and lastly (3) provide a favourable environment for general elections at the end of this year. Glaring anomalies exist, bigger incentives should have been given for the agriculture sector, the mainstay of Pakistan’s economy.
