Tycoons, aware of challenges and Prime Minister Shehbaz’s government’s weakness, are not hopeful. The volatile market is desperate for positive signals. The people, however, expected relief in an election-year budget. M Abdul Aleem, Secretary General Overseas Chamber of Commerce and Industry, expected “a realistic fact-based budget” on June 9. He said that the government has been nudged by the corporate sector “to bring the huge untaxed economy on record and collect taxes”. He called for a fair equitable fiscal regime to boost economic activity. more