The Karachi Stock Exchange (KSE) has welcomed various measures taken in new federal budget for fiscal year 2008-09 presented on Wednesday.  According to a KSE statement issued here, the KSE reviewed the FB 2008-09 presented in National Assembly by Finance Minister, Syed Naveed Qamar, especially in the context of the capital market development in the country. It welcomed various measures announced by the Naveed Qamar and termed it a balanced budget despite all political turmoil, persistent rising inflation and worsening of all key economic the economy by strengthening the agricultural & industrial sectors.