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THE BALANCING ACT The budget is a balancing act between resources generated and resources spent. Resources generated depend on taxation, fees and other avenues of revenue. The more resources a government can generate, the more it can spend on the priorities that matter to us: ⚫ direct service delivery to citizens, ⚫ generating economic growth, and delivering development projects for the benefit of its citizens If resources are short, governments have to either underspend, or borrow money to finance spending. www.finance.gkp.pk Rs Rs Rs < 09

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