ISLAMABAD The Finance Bill 2025, which the Pakistan Muslim League-Nawaz (PML-N)-led government submitted to the National Assembly on Wednesday, was referred to by the Pakistan Tehreek-e-Insaf (PTI) as a “poisonous budget” and a “bundle of contradictions”.
The federal budget for FY25, according to a PTI spokesman, was presented “against the nation, employment, and economic development”.
The former ruling party further accused the PML-N administration of being “actually dictated” by the International Monetary Fund (IMF) and lacking control over the finalization of the budgetary measures.
The party created by Imran Khan declared the growth rate of the gross domestic product (GDP) to be unrealistic, stating that it was set at 3.6% and would not even increase to 2.4%, as estimated by the World Bank.
The PTI spokesperson stated that the government’s announcement to maintain the inflation rate at 12% was unachievable and that the new taxing policies will therefore unleash a “tsunami of inflation” on the country.
Additionally, the opposition party attacked the current administration for raising taxes on real estate, which would “only promote cash transactions,” and for eliminating tax breaks for exporters.
It further stated that the federal government “cracked a joke by only allocating Rs5 billion” for the farm sector after making grandiose claims of a relief package, suffocating the salaried class.
