Islamabad:
Analyst Shehbaz Rana says that the report has been prepared under the Financial Responsibility and Debt Limitation Act 2005. According to the law stated in the financial policy, the reasons for the violation of the Debt Limitation Act 2005 must be submitted to the National Assembly, the prepared report will be approved by the Federal Cabinet and then submitted to the Parliament.
Speaking in Express News’ program The Review, he said that the new report has revealed that per capita debt has increased by 31,500 rupees in one year, the government has failed to keep the budget deficit within the prescribed limit.
Analyst Kamran Yusuf said that in 2005, the Parliament of Pakistan passed the Fiscal Responsibility and Debt Limitation Act (Fiscal Responsibility and Debt Limitation Act 2005). Also, because you know that this country is running on debt, it is also important to ensure that the borrowings of Pakistan do not exceed a certain limit.
He said that if we talk about the relations between Pakistan and Afghanistan, there is bitterness in the relations, but it seems that Pakistan is reviewing some of the decisions it had taken.
One of the reasons for this is that despite the tension, the recent visit of Pakistan’s Special Representative for Afghanistan Mohammad Sadiq to Kabul, where the TTP issue is between the two countries, there are also issues of trade.
Especially the government of Afghanistan has objections to many decisions of Pakistan, now ECC has taken a big decision for Afghan transit trade through Gwadar port to build confidence.
