Highly skewed income distribution promotes luxury production while adequate distribution leads to mass production

This is an unprecedented situation in the history of Pakistan

Revenue collection estimate is unrealistic as govt expects 27% growth

Extreme crisis can be managed through astute planning by govt

State Bank will try to cut rate slowly to avoid capital outflow

People are facing unemployment and underemployment along with high inflation

Increase in number of tax return filers will not push up revenue receipts

In emerging scenario, govt faces daunting task of cutting expenses

May attract global fund managers but it will be at the cost of economy

Business activity has slowed down markedly in FY19