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FY 2019-20: The Mind Boggling Budget Math

• by Islamabad Policy Institute
• June 10, 2019

[vc_row][vc_column][vc_column_text] The announcement of Rs5.55tn tax revenue target is disconcerting at the very least. Even under a nominal GDP growth rate assumption, marginal revenues would land between Rs400-500bn, leaving us with a