2014–15 Pakistan federal budget: Difference between revisions
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Revision as of 00:14, 3 August 2024
2014–15 Pakistan federal budget
The 2014–15 Pakistan Federal Budget, presented by Finance Minister Ishaq Dar on June 6, 2014, aimed to promote economic stability and growth amidst regional challenges, including tensions with India. The budget totaled approximately PKR 3.9 trillion, with a projected deficit of PKR 1.5 trillion, or 5.8% of GDP. It prioritized social sectors, defense, and infrastructure development, with significant allocations for education, health, and security. The budget's presentation coincided with strained diplomatic relations with India, marked by boundary disputes and ceasefire violations. The government’s focus on economic reforms and trade relations was seen as a strategic move to enhance regional cooperation and mitigate tensions with its eastern neighbor, thereby seeking a balance between security and development.