Pakistan budget, hit by Iran war and IMF, to squeeze middle class (opens in new tab)

Pakistan’s government will propose a budget on Friday that hits the middle class and registered businesses as it seeks to raise revenue and ​cut spending while shielding the nation’s poorest. Under pressure to meet austerity conditions from the International Monetary Fund, Finance Minister Muhammad Aurangzeb will submit a delayed ‌17.1-trillion-rupee ($61-billion) spending plan for the […] The post appeared first on <a href="