Focus on Middle-class

A Budget that is supported by three strong themes

Its success depends largely on implementation efforts and careful monitoring of development schemes

No Growth Push

Budget is start-up friendly but ignores sports

While there is some hope, the Budget has mostly disappointed those looking for growth and upliftment

Tax Reform

Focus on a simpler tax code, reducing the cases stuck in litigation

The removal of tax benefits on investments is likely to impact inflows for insurance companies

Underfunded

Budget allocation for healthcare has improved, but not enough

The target of spending 2.5 per cent of GDP on the healthcare sector is still a dream

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