Pakistan’s Budget Serves Guns Before People - Khaama Press

Pakistan’s Budget Serves Guns Before People - Khaama Press

One of the foundational lessons in introductory economics concerns the central problems faced by any economy, particularly the question of “What to produce.” This principle, it seems, is one that policymakers in Islamabad have chosen to overlook. The concept essentially outlines that, due to the scarcity of resources, an economy must decide how to allocate its limited means between producing consumer goods or capital goods, and between essential…