Pakistan Budget 2009-10

the entire farm income earned by the big feudal elite is exempt from taxes.

This condition reminds me of the First and Second Estates in pre-revolutionary France. Ultimately, we're gonna have a "Committee of Public Safety" and the Pakistani colons of Maximilien Robespierre will appear on the scene and do what wood chopping needs to be done before the smouldering ruins can give rise to some new phoenix.

...SR

Pakistan's budget represents only about 11% of nation's gdp. So, even a 5.4% budget deficit is minuscule in the overall national context.

Pakistan's problem is structural, with so few people paying taxes. For example, the entire farm income earned by the big feudal elite is exempt from taxes. It needs to be taxed like any other income to generate sufficient funds to deliver basic services like education, healthcare, infrastructure, sanitation, poverty alleviation etc.

At the same time, there is a need to incentivize and encourage a robust, well-funded private sector to address the monumental needs of human development in Pakistan.
Riaz Haq, PakAlumni Worldwide