Prime Minister Shehbaz Sharif told leading business figures on Wednesday the government’s upcoming budget would include measures aimed at providing relief to the public, as Islamabad seeks to balance economic recovery with fiscal discipline under a $7 billion IMF program. “Measures to provide relief to the public are being included in the budget,” Sharif was […]
budget
Dar takes PPP leadership into confidence ahead of budget
Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, accompanied by Finance Minister Muhammad Aurangzeb, met with the senior leadership of the Pakistan Peoples Party as part of the routine pre-budget consultation process regarding the upcoming federal budget. According to a statement issued by the Deputy Prime Minister’s Office on Wednesday, the meeting discussed current […]
Budget: The tyranny of a hijacked economy
Albeit the stars are on our side during the Middle East escalations, nevertheless, the upcoming budget is projected to be presented as an enforcement document rather than a long-term economic plan, and as usual, there is no relief expected for the working class. Yet, the government is ambitious that Pakistan has achieved economic stability, and […]
Govt considers substantial tax hike on solar panels in budget
Setting up solar power systems is about to become considerably more expensive for consumers in Pakistan, as the government considers a substantial tax hike on solar panels in the upcoming federal budget for the fiscal year 2026-27. According to sources close to the development, the International Monetary Fund (IMF) has strongly opposed tax exemptions historically […]
Govt to approve new wheat policy before budget
The government is set to approve a new wheat policy ahead of the federal budget next month, state media reported on Friday, as the government accelerates agricultural reforms to stabilize prices, reduce market distortions and boost productivity. The federal and provincial governments regularly adjust wheat and other such policies to determine procurement targets, set minimum […]
President Zardari stresses welfare-oriented budget
President Asif Ali Zardari, on Tuesday, emphasized that the upcoming budget should focus on public welfare, economic stability and providing relief to the vulnerable segments of society. The president chaired a pre-budget consultative meeting at the Aiwan-e-Sadr to discuss priorities for the next fiscal year, the President Secretariat Media Wing said in a press release. […]
Finmin reviews insurance sector proposals for upcoming budget
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, here on Tuesday, held a meeting with a delegation of the Insurance Association of Pakistan (IAP) to discuss matters relating to the insurance sector in the context of the Federal Budget 2026-27. The delegation was led by Chairman IAP, Shoaib Javed Hussain, according to press release […]
Depts told not to submit requests for funds beyond allocated budget
Sindh Senior Minister Sharjeel Inam Memon has said that, as part of the austerity measures taken by the Sindh government, it has been decided that no department should submit requests for funds beyond the allocated budget. He added that not only Pakistan but the entire world is currently facing various challenges due to the prevailing […]
KP to unveil 2025-26 budget tomorrow: Key meeting tonight
Khyber Pakhtunkhwa (KP) will present its budget for the fiscal year 2025-26 tomorrow at 3 PM. Chief Minister Ali Amin Gandapur has called a parliamentary party meeting tonight at 8 PM to seek approval for the budget. This meeting is a key step before the budget’s formal presentation in the assembly. Sources confirm that all […]
Govt gave maximum relief to salaried class in budget, says finance minister
Finance Minister Senator Muhammad Aurangzeb said the government provided as much relief as possible to the lower and salaried classes. The minister said the aim was to ease the burden on those affected most by inflation. He assured the public that relief measures were designed carefully. These steps reflect the government’s effort to support struggling […]