2017–18 Pakistan federal budget
2017–18 Pakistan federal budget
The 2017–18 Pakistan federal budget, announced on May 26, 2017, by Finance Minister Ishaq Dar, outlined the government’s fiscal policies and priorities for the financial year beginning July 1, 2017. The budget emphasized infrastructural development and social welfare, allocating significant funds to sectors such as education, health, and energy. Notably, defense spending reflected ongoing tensions with India, with increased military allocations amidst regional security challenges. The budget projected a growth rate of 6%, aiming to address high inflation and fiscal deficits while managing relations with India in light of persistent geopolitical disputes. It introduced various reforms intended to stimulate economic growth and attract foreign investment.