Pakistan’s parliament Sunday approved the budget for the new fiscal year starting next month, a day after the government made several changes to meet stiff conditions dictated by the International Monetary Fund (IMF). Fighting tooth and nail to revive a stalled IMF lending programme and rescue the flailing economy, the government introduced additional taxes along with cuts in public spending to shrink the deficit. The budget was passed during a National Assembly session that lacked quorum, with only 70 lawmakers on the treasury benches and two opposition MPs present in the 342-member house…
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