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The Parliamentary Budget Office (PBO) has torn apart Treasury’s budget for the new financial year that starts in July, arguing that it has mixed up priorities and lacks a stimulus package to jump-start the economy.

In its latest report dated May 2020, “Unpacking the Estimates of Revenue and Expenditure for 2020/2021 and the Medium Term”, the budget office has also raised concerns that the Treasury has left the fight against the Covid-19 pandemic to well-wishers, which is not sustainable.

The taxpayer funds the office that provides professional advice in respect of the budget, finance and economic matters to parliamentary committees.

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