KCCI Pre Budget Report – Budget amid Pandemic

KCCI Pre Budget Report – Budget amid Pandemic

Published in: June 2020

The Federal Government is going to present the budget 2020-21 in the parliament on Friday, 12th June, 2020. The pre-budget report FY21 – Budget amid Pandemic is part of KCCI’s yearly coverage of the federal budget. Launched a day before the government presents the budget, the report covers the changes, which major economic stakeholders can expect in the upcoming financial year. This year, the government will present its federal budget while the country is facing truly unprecedented times as the country is battling economic challenges amid a global pandemic that left the world in one of the worst economic downturns in recent history. Although, the government is expected to provide relief to its people, it also is obligated to ensure that conditions and commitments made to groups such as the IMF are fulfilled. This document contains a compilation of major expectations that the government is likely to enforce in FY21 through the budget and its Finance Bill 2020.