Investor Presentaiton
TAX REFORM STRENGTHENS THE STATE BUDGET FUNCTION TO ENHANCE SOCIAL WELFARE
The State Budget
as an instrument to realize fair and
ALLOCATION
Public Goods
prosperous society
$
श्री
DISTRIBUTION
Income
Redistribution
STABILIZATION
Economic Stability &
Growth
■ Over the last 10 years, state revenue
has been in downward trend to
around 10% of GDP limiting fiscal
space.
In response to Covid-19 crisis, the
state budget is used as
countercyclical measures to tackle
the health crisis, provide lifeline
support to poor and vulnerable family
and businesses, and facilitate
economic recovery.
■ Fiscal reform is aimed to strengthen
long-term fiscal sustainability to
facilitate comprehensive structural
reforms in order to enhance long-
term potential growth.
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