巴基斯坦缩减预算推进改革

Group 1 - The core budget for the fiscal year 2025/2026 is set at 17.573 trillion Pakistani Rupees, representing a 6.9% reduction in overall spending compared to the previous fiscal year [1] - The government aims for a 4.2% economic growth target and has outlined structural reform measures to achieve this goal [1][3] - The defense budget has increased by 20.2% to 2.55 trillion Pakistani Rupees, now accounting for 1.97% of GDP, reflecting a focus on national defense amid recent geopolitical tensions [1][3] Group 2 - Tax reforms are a significant highlight of the budget, with a target of 14.131 trillion Pakistani Rupees, which is 9% higher than last year's target [2] - The government plans to reduce the tax rate to 5% for businesses with annual revenues between 200 million and 500 million Pakistani Rupees [2] - The pension system will undergo reforms, linking increases to the Consumer Price Index (CPI), with a 5% tax on pensions exceeding 1 million Pakistani Rupees for retirees under 70 [2] Group 3 - The budget reflects a balance between defense needs and public welfare pressures, indicating a continued focus on enhancing defense capabilities while pursuing economic reforms [3] - Pakistan is accelerating its economic digital transformation, including plans for a national "Bitcoin strategic reserve" and support for cryptocurrency mining and AI data centers [3] - The success of the 4.2% economic growth target and the implementation of digital and reform initiatives will depend on the effectiveness of these measures [3]