The recently announced national budget of Rs17.57 trillion for the fiscal year 2025-26 has left a large segment of the population disillusioned and burdened. While the government boasts about macroeconomic stabilisation, the ground realities tell a different story.
The budget lacks substantial relief for the common man, particularly for the salaried class, daily wage earners, and small farmers. Inflation continues to surge, yet no effective measures have been introduced to counter rising utility prices, food costs, and transport expenses.
Tax exemptions for the elite and increased indirect taxation on the masses have widened the gap between rich and poor. The budget also falls short in allocating meaningful resources to critical sectors like education, healthcare, and employment generation.
A national budget should reflect the priorities and pain points of the people—not just economic statistics or IMF compliance. Unfortunately, this budget seems detached from the struggles of ordinary Pakistanis.
Policymakers must revisit this financial plan and introduce people-centric reforms that promote equity, sustainability, and inclusive growth.
Wajih-ul Islam
Rawalpindi
