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Budget 2026-27 may be delayed to June 12

Published on: June 8, 2026 6:51 PM

The federal government is considering postponing the presentation of the 2026-27 budget from June 10 to June 12. Discussions on the proposed change are ongoing as several key budget matters remain unresolved. The delay could affect parliamentary scheduling and final budget preparations ahead of the new fiscal year.

According to sources, a final decision on the budget date is expected within the next one or two days. The proposed adjustment comes as policymakers continue consultations on major fiscal measures and development allocations. Officials are working to finalize outstanding issues before presenting the budget to parliament.

Read more: Government proposes tax cuts for salaried

Federal Minister for Planning Ahsan Iqbal confirmed that several budget-related matters have yet to be finalized. Speaking informally with journalists at Parliament House, he said discussions were still underway and time remained limited. He also noted that the approaching month of Muharram had added to scheduling challenges.

Meanwhile, Iqbal said negotiations between the government and the Pakistan Peoples Party over the Public Sector Development Programme had been completed. He stated that the ruling coalition had reached an understanding regarding development spending priorities. The minister added that the federation would allocate greater resources to smaller provinces in the upcoming fiscal year.

Read more: Tax relief proposals await IMF approval before FY27 budget

Under the proposed development framework, Balochistan is expected to receive Rs265 billion, followed by Sindh with Rs195 billion and Khyber Pakhtunkhwa with Rs98 billion. Punjab is projected to receive Rs72 billion, while Rs150 billion has been earmarked for Azad Jammu and Kashmir and Gilgit-Baltistan. Iqbal also announced plans to launch the Sukkur-Hyderabad Motorway project and allocate funds for Karachi’s K-IV water project in the new budget.

 

Filed Under: Business Tagged With: Ahsan Iqbal, Federal Budget 2026-27, June 12 budget, Latest, Pakistan budget delay, Pakistan development budget, PSDP allocations

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