Adviser to the Chief Minister on Finance Muhammad Ali Akhtar on Monday presented a three-month interim budget for the fiscal year 2026-27 in the Gilgit-Baltistan Assembly, saying the government had opted for an interim budget instead of a full-year financial plan due to ongoing negotiations with the federal government over resource allocation and wheat subsidy. […]
budget
KP passes Rs 121.47bn supplementary budget with focus relief, development
The Khyber Pakhtunkhwa (KP) Assembly on Sunday approved a supplementary budget exceeding Rs121.47 billion, clearing additional allocations for both current expenditures and development projects across multiple government departments. According to the approved budget, Rs50.49 billion has been allocated for current expenditures, while Rs71.73 billion has been earmarked for the province’s development programme. Officials said the […]
KP Assembly approves Rs 2.17tr budget for FY 2026-27
The Khyber Pakhtunkhwa Assembly on Wednesday approved the “Prosperous Khyber Pakhtunkhwa” budget for the fiscal year 2026-27, with a total outlay of Rs. 2.17 trillion. Finance and Law Minister Aftab Alam moved the motion for the budget’s approval, while 66 demands for grants related to government departments’ expenditures were also approved. During the debate on […]
PM hails economic team for delivering ‘relief-oriented’ budget
Prime Minister Shehbaz Sharif on Wednesday commended the government’s economic team, particularly the Ministry of Finance, for formulating a relief-focused federal budget for the upcoming fiscal year aimed at supporting salaried individuals, the business community, and the general public. The prime minister lauded the efforts of Deputy Prime Minister and Foreign Minister Ishaq Dar, Finance […]
KP government unveils Rs 2.17 trillion budget, carrying Rs 48 billion deficit
Khyber Pakhtunkhwa CM Sohail Afridi on Friday presented the provincial budget for the fiscal year 2026-27. The budget outlay is Rs2.17 trillion, with an estimated fiscal deficit of Rs48 billion, according to the budget documents. At the outset of his budget speech, he said all parliamentarians of the PTI from the provincial assembly had “unanimously […]
Passing of KP budget constitutional duty: PTI’s Gohar
Chairman, Pakistan Tahrik e Insaf, Barrister Gohar Ali Khan, on Friday, said that passing of the KP budget was a legal and constitutional duty. Talking to media, the PTI leader said that passing the annual budget was a provincial matter in itself and all lawmakers, including former CM KP Ali Amin Gandapur, would attend the […]
‘Non-sustainable’: Bilawal rules out more provincial budget sacrifices
PPP Chairperson Bilawal Bhutto-Zardari said on Thursday that the federal government had promised that allocations for provinces under the 7th National Finance Commission (NFC) award would be “protected”, and that the Centre would not request any further “help or sacrifice” following the recent decision to freeze development allocations for the provinces. Bilawal joined the budget […]
Budget: Senate seeks increase of income tax exemption threshold, cut in power tariffs
The Senate on Thursday approved the recommendations on the Finance Bill 2026, containing the annual budget statement. These recommendations were presented in the Senate by Chairman of the Standing Committee on Finance and Revenue, Senator Saleem Mandviwalla in form of a report. Total 123 recommendations have been made for National Assembly for consideration. The upper […]
Punjab Budget Reflects Maryam Nawaz’s Priorities as Every Segment of Society Benefits from Relief
There has long been a common perception that annual budgets primarily focus on government expenditures and offer little tangible relief to the public. Chief Minister of Punjab Maryam Nawaz has effectively dispelled this notion. Since assuming office, she has introduced a governance model centred on public service delivery, setting a new benchmark not only for […]
Sindh has prioritised Karachi in development budget, says Memon
Sindh Senior Minister for Information, Transport and Mass Transit Sharjeel Inam Memon has said that the Sindh government has allocated substantial funds for the development of Karachi in the budget for the financial year 2026-27, which will serve as a significant milestone for the city’s progress and public welfare. In a statement, Senior Minister Sharjeel […]