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Question: Why the budget dificit in pakistan is gradually expanding and How budget difict can be removed?
Why the budget dificit in pakistan is gradually expanding?
How budget difict can be removed??
Tell in detail with at least 10 headings in each question
Please answer
Thanks in advance
Answer:
Answer by zuhaib
Well the answer is very simple……. three points exist here:
1) Corruption
2) Political instability
3) Natural disasters
4) Power crisis
5) Government’s non-productive expenditures and departments
The easiest way to remove all these problems is to form a government run by honest technocrats.It is a well known fact that the vision of a technocrat is far more than an illeterate politician… Technocrats as we can see can largely improve the planning of many areas of the country and give amazing vision to government departments so they can improve…. e.g. if we had planned for the power crisis 10-20 years ago. We might not have been facing these problems….If all departments are working in a planned manner under people who know and understand things and most importntly who are honest. They will produce in a better way and it will definitely help us escape the budget deficit…..
The federal government is presenting the budget for the fiscal year 2011-12 in the national assembly. Finance minister Hafeez Shaikh is presenting the budget. Earlier the finance minister had revealed that the economy had only grown by 2.4% against a target of 4.5% in the outgoing financial year. tribune.com.pk
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