Pakistan unveils new budget amid inflation, unemployment
Al Jazeera · 2 months ago
Al Jazeera
2 months ago
Pakistan has presented its national budget for the coming year, prioritizing a significant increase in defence spending. This comes as the country continues to grapple with high inflation, rising unemployment, and widespread economic hardship.
Breakdown
- Pakistan's new budget prioritizes increased defence spending.
- Opposition parties criticize the budget, citing lack of public relief and IMF influence. 22s
- The government aims to digitize transactions, but many citizens find this challenging. 50s
- Officials report improved inflation rates and higher tax-to-GDP ratio due to digital reforms. 1m 54s
- Despite government optimism, many Pakistanis continue to face unemployment and poverty. 2m 18s