Islamabad, May 26 -- Pakistan, which is set to unveil its upcoming federal budget, has decided to break from tradition and alter its economic outlook, with the new budget being more "strategic" in nature and focusing on long-term economic reforms rather than mere fiscal balancing.
Due on June 10, the country's Finance Minister Muhammad Aurangzeb said that the new plan would chart a clear path for recovery amid ongoing negotiations with the International Monetary Fund (IMF) and mounting economic pressures, reports Dawn.
"This time, we are going to bring some bold measures during the budget because budget is not just about revenue and expenditure but has to be providing the strategic direction where the economy is and where it is heading,"...