Azmin: 14th year of deficit budget
- 9 years ago
PKR deputy president Azmin Ali says the central government is still trying to manage a deficit budget after 14 years.
Even though the situation of the global economy won't allow a balanced budget, but the government has to look into other issues such as prudent spending and efficiency to combat a deficit budget, he says.
Overall, Budget 2012 is an increase of 9.4 percent from the previous year, with an 11.5 percent increase in operational expenditure and 4.1 percent increase in development expenditure.
Even though the situation of the global economy won't allow a balanced budget, but the government has to look into other issues such as prudent spending and efficiency to combat a deficit budget, he says.
Overall, Budget 2012 is an increase of 9.4 percent from the previous year, with an 11.5 percent increase in operational expenditure and 4.1 percent increase in development expenditure.