, May 13 -- The upcoming national budget will not be based on large-scale borrowing from banks or money printing, Finance Adviser Dr Salehuddin Ahmed said on Tuesday.

"We will implement the budget in a fairly realistic manner. We will not design it with a huge gap. We won't go forward with massive deficit financing for mega projects by borrowing heavily or printing money. Of course, there will be some deficit, but we plan to negotiate project-related support with the IMF and the World Bank," Dr Ahmed said.

Businesses, experts call for business-friendly policies in upcoming budget

Speaking to journalists following a meeting of the Advisory Committee on Government Procurement at the Cabinet Division of the Secretariat, he stressed a more...