Finance Adviser Saluhuddin Ahmed on Tuesday said the interim government has moved away from previous emphasis on high growth figures and focused on people's welfare in the proposed budget for FY2025-26.
"We have stepped back from the constant focus on growth. Who has really achieved such remarkable growth in the past?" he questioned while speaking at a post-budget press conference.
He explained that instead of chasing abstract growth targets, the current budget prioritises improving the quality of life for common people, reforming systems, and creating a better business environment.
"Notably, this is the first time the budget size has not increased compared to the previous fiscal year," he said.
Acknowledging the challenges, Salehuddin stated, "It's difficult to meet all popular expectations within the budget."
However, he highlighted that there are efforts to ensure sustainable debt management and avoid the risks of falling into foreign debt dependency.
"While some traditional elements remain, there are also new features — particularly in the tax system," he added.
