Why Govt is lying to the public on budgetary measures!
Article's background I happened to see the attached press release on the title " Highlights of the Government Tax Policy and Expenditure Management Measures " issued by the Ministry of Finance on 30 August 2024 ( Press here to read the press release ) and found that its contents are not only inappropriate in economics but also misleads the public. I prove it by commenting on its opening section reproduced below. The rest of the press release contains a set of budgetary numbers mostly in meaningless percentages of GDP which has no meaning on the overall economy or living standards affected by a triple crises, i.e., global pandemic, political violence and foreign currency, which the country had never experienced before. Five contents selected for my comments I focus on following five contents from the highlighted above. Weak government revenue as one of the fundamental causes of the economic crisis. The ill-timed tax reduction in 2019 as the major contributor to the count