Is there a proper system to implement subsidies in Pakistan?

Unfortunately, there is no proper system to implement subsidies properly in Pakistan there is a big reason behind it that subsidies are not just for farmers’ different kinds of sectors, and industries also enjoying the subsidies because of lack of proper system and still implementation on an old and poor system.

How do subsidies affect the food sector?

The petroleum sector also benefits from substantial subsidies to mitigate the financial shortfall and support domestic consumers, especially in the context of rising global fuel prices. The food sector subsidies aim to stabilize prices and ensure food security, particularly for essential commodities like wheat.

What types of subsidies are included in the federal budget 2024-25?

This category includes various other subsidies, such as those for housing schemes, flood-affected farmers, and metro bus services. The Federal Budget 2024-25’s extensive subsidy allocation demonstrates the government’s efforts to support economic stability and growth.

How do government subsidies affect economic growth and social welfare?

These subsidies aim to cushion the impact of inflation, support essential services, and promote industrial and agricultural productivity. By carefully directing these financial aids, the government seeks to balance economic growth with social welfare.