Presented by:
•
•
•
•
•

ZIA UL HAQUE
HINA ILYAS
SUNDAS ZAHRA
HAMMAD QAYYUM
MEHWISH MAQSOOD
INTRODUCTION
• The term fiscal policy refers to the
expenditure a government undertakes to
provide goods and services and ...
What is a Fiscal Policy?
According to Samuelson,
• Fiscal Policy is concerned with all those
arrangements which are adopte...
Objectives
• Mobilization of resources
• Acceleration of Economic growth
• Minimizes the inequalities of income and
wealth...
Objectives
•
•
•
•

Balanced regional development
Reducing the deficit in the balance of payment
Increasing National incom...
Tools
•
•
•
•
•

Budgetary surplus
Government expenditure
Taxation-Direct and indirect
Public debt
Deficit financing
Budgetary surplus
• A budget is a detailed plan of operations for
some specific future periods
Government expenditure
• It includes:
-Government spending on the purchase of
goods and services
-payments of wages and sa...
Taxation
•

Meaning : Non quid pro quo transfer of
private income to public coffers by means of
taxes.
Classified into
1. ...
Public debts
•

Internal borrowings

1. Borrowings from the public by means of treasury
bills and govt. bonds
2. Borrowing...
Role of Fiscal policy in economic
development of PAKISTAN
•
•
•
•
•
•

Capital formation
Increase the rate of investment
E...
•THANK YOU!
Macro eco FISCAL POLICY
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Macro eco FISCAL POLICY

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MACRO ECONOMIC

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Macro eco FISCAL POLICY

  1. 1. Presented by: • • • • • ZIA UL HAQUE HINA ILYAS SUNDAS ZAHRA HAMMAD QAYYUM MEHWISH MAQSOOD
  2. 2. INTRODUCTION • The term fiscal policy refers to the expenditure a government undertakes to provide goods and services and to the way in which the government finances these expenditures.
  3. 3. What is a Fiscal Policy? According to Samuelson, • Fiscal Policy is concerned with all those arrangements which are adopted by the Government to collect the revenue and make the expenditures so that economic stability could be attained/maintained without inflation and deflation´
  4. 4. Objectives • Mobilization of resources • Acceleration of Economic growth • Minimizes the inequalities of income and wealth • Increase the Employment opportunities • Price stability
  5. 5. Objectives • • • • Balanced regional development Reducing the deficit in the balance of payment Increasing National income Foreign exchange earnings
  6. 6. Tools • • • • • Budgetary surplus Government expenditure Taxation-Direct and indirect Public debt Deficit financing
  7. 7. Budgetary surplus • A budget is a detailed plan of operations for some specific future periods
  8. 8. Government expenditure • It includes: -Government spending on the purchase of goods and services -payments of wages and salaries of government servants -public investments -transfer payments
  9. 9. Taxation • Meaning : Non quid pro quo transfer of private income to public coffers by means of taxes. Classified into 1. Direct taxes- Corporate tax, Div. Distribution Tax, Personal Income Tax, Fringe Benefit taxes, Banking Cash Transaction Tax 2. Indirect taxes- Central Sales Tax, Customs, Service Tax, excise duty.
  10. 10. Public debts • Internal borrowings 1. Borrowings from the public by means of treasury bills and govt. bonds 2. Borrowings from the central bank (monetized deficit financing) • External borrowings 1. foreign investments 2. international organizations like World Bank & IMF 3. market borrowings
  11. 11. Role of Fiscal policy in economic development of PAKISTAN • • • • • • Capital formation Increase the rate of investment Encourage socially optimal investment Economic stability Counteract inflation Flow of investment to socially desirable channels • Checks imbalance in various sectors • Reduce inequality of income and wealth
  12. 12. •THANK YOU!

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