The federal budget of Pakistan for the year 2013-2014 has been passed and as expected, it is being regarded as the worst budget in the history of the country.
The business friendly Rs. 3.985 trillion budget is expected to crush the middle class and make the poorer even poorer since it focuses more on business development, political economic development and power generation than on taxes.
Though some points of the document are somewhat positive such as the comparatively better allocation for Higher Education Commission (HEC) sector which had been ruthlessly ignored in previous years, it largely remains a business class-oriented budget. Let’s see if the newly-elected government under Prime Minister Nawaz Sharif is able to get on with it.
Let’s see what the Pakistan Twitterati has to say about the Budget 2013:
Why are we even surprised? The PML-N loves businessmen. This is a budget suited for them not the common man. #budget2013— Shoaib Taimur (@shobz) June 13, 2013
after 2 days of deep research i've come to conclude that lowest cc hybrid car is Toyota Yaris and that is 1371cc #budget2013 is a joke— Tanvir Akhtar (@mtanvira) June 14, 2013
Tax net needs to be widened & agricultural income brought in the fold, while increasing burden on existing taxpayers #Budget2013— IDEAS (@IDEAS_Pakistan) June 14, 2013
#budget2013 is a joke the poor will only become even more poor— Kashif Hameed (@KashifKHameed) June 14, 2013
Protests are being held:
Protest, led by PTI Punjab, against Budget 2013 outside Press club - right now. Protests in all district headquarters.— Sikander Fayyaz (@SikanderFyazPTI) June 14, 2013
But then there is good stuff:
Though allocation is at minimum in Education Sector, still its commendable to see HEC finally getting attention in #budget2013.— Usama Bin Ahmed (@shiranti2000) June 13, 2013
Sarcasm at its best:
The worst #budget2013 in Pak history. No increase in salaries for the first time. Tax slabs increased and GST incresed to 17%. Disaster.— Raheil M. Butt (@raheil331) June 13, 2013
Increase in GST from 16 to 17%,Which is going to further raise price of commodities for ppl,already battered by worst Price hike #Budget2013— M.Ramiz Khan (@EmmArKay) June 12, 2013
And last but certainly not the least, the Defense budget reaction:
Increasing the defence budget by 10% was a good move. Food is too mainstream anyway, people can eat missiles instead. #budget2013— Saad Hamid (@SaadGH) June 12, 2013
Turns out, the common man of Pakistan is not happy with what they have been allocated. But then again, it’s not unusual.