Pakistan's budget has lost credibility: WB.
| Position | World Bank's Public Expenditure and Financial Accountability report |
Pakistan's budget has further lost its credibility and the public finance management system has also deteriorated, according to a draft report of the World Bank (WB) that has downgraded the country's ranking on almost all 31 fiscal management-related indicators.
The Washington-based lender shared the final draft of the Public Expenditure and Financial Accountability (PEFA) report with the Ministry of Finance in June. The report carries an objective assessment of...
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