Pakistan’s government announced its budget for the next financial year, but what does this mean for the average Pakistani?

Farooq Baloch is a business journalist who has been covering the budget for a decade. In this video he breaks down all the aspects which average people need to know so they are able to manage under inflation.

How can people manage their budgets next year? Just like the government, every household has a budget. When we decide what to spend, we first think about what money we are earning. This is exactly what the government has to do. The government earns in taxes (among other ways) and spends.