Policy
Budget FY2026-27: The Three Numbers That Matter
Beneath hundreds of pages, three figures decide credibility: the revenue target, the primary balance, and debt servicing.
Beneath hundreds of pages, three figures decide credibility: the revenue target, the primary balance, and debt servicing.
Track-and-trace, POS integration, faceless assessment — auditing the reform scorecard honestly.
Every government pledges divestment; few close transactions. Why the pipeline stalls, case by case.
Provincial jurisdiction, political cost, and a tax base that remains largely untouched. The state of play.
Pakistan's effective protection rates shape what gets built here. The trade-offs deserve daylight.
Devolution moved money; capacity followed unevenly. Where provincial budgets actually go.
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