Whenever the reign of a new party comes, expectations reach heights and there have been very few times when our expectations have actually met reality. As most of the times interest of rich and influential is given preference over the interest of a common man. This year too, similar picture came on surface and once again budget was met with disappointment and shattered expectations.
When Muslim league N came into power with such a huge clean sweep, many expected a pleasant change especially in the major factors that define economy of any country. But it was a big disappointment to see that how things turned up. Before the party announced its budget, many speculated that major decisions regarding the economic factors will be seen and things will move to positivity for Pakistan. But the results proved otherwise.
Before the budget was actually announced by the party representatives it was leaked through sources that the budget was there to please the industrialists that is the supporters and financers of the party and that nothing was there for a common man. Taxes are the main source of revenue for any government and so as expected Muslim League has hit this sector and has introduced a new tax level of Rs. 150 billion that is most likely to hit the middle class sector Pakistan.
On the other hand imports are made cheaper thus increasing profit margins for the industry sector. This is surely going to impact the employment opportunities as more profit means more is there to re invest and more labor will be require likewise. But as far as a common man is concerned he is being crushed under the burden of taxes. There are many loopholes in the tax system of our country. Major players of the country evade taxes while the common man belonging to middle class is pressurized and is made to pay more and more taxes.
The main question that came into my mind was that what this budget of 2013-2014 has for the youth of Pakistan? Is there anything that the people of Pakistan specially the youngster can feel good or satisfied about it? Are there enough jobs created in field like software engineering jobs in Pakistan? I don’t think so. The reason being that the politician of Pakistan is too taken up by his own interest and in making his supporters happy, and he just misses the point that the fueling power of the nation that is the young blood is left unfed.
Read more on this topic by clicking links below:
Tags: careers in public relation in Pakistan , jobs in Pakistan, economic growth