ISLAMABAD: The federal cabinet, under the chairmanship of Prime Minister Shehbaz Sharif, has approved the Rs18 trillion federal budget for the fiscal year 2025-26. The approval came during a key cabinet meeting held in Islamabad. According to official sources, the cabinet also approved a 6% increase in salaries for government employees and a 7% hike […]
fiscal year 2025-26
KP unveils Rs2 trillion budget with Rs200 billion surplus, focus on development and social sectors
PESHAWAR – Khyber Pakhtunkhwa (KP) is set to present a Rs2 trillion budget for the fiscal year 2025–26, featuring a Rs200 billion surplus. According to Finance Department sources, the development budget is expected to exceed Rs433 billion, reflecting a 40% increase compared to the previous year. Around 500 new development schemes will also be introduced. […]
Salaries, pensions up by 10%, new taxes worth Rs2 trillion in budget 2025–26
ISLAMABAD – The budget documents for the fiscal year 2025–26 have been revealed ahead of the formal presentation in Parliament. According to details, the total proposed budget size is Rs17,573 billion. Of this, Rs1,000 billion is allocated for development spending, while non-development expenditures are projected to be Rs16,286 billion. The government proposes Rs2 trillion in […]
Budget 2025–26: Govt to roll out Rs17.6 trillion plan with major tax reforms
ISLAMABAD – The federal government will present a massive Rs17,600 billion budget for the fiscal year 2025–26 in the National Assembly today. The session will begin at 5 PM under the chairmanship of Speaker Ayaz Sadiq. Earlier, Prime Minister Shehbaz Sharif will lead a federal cabinet meeting at 4 PM to approve the budget draft. […]
Murad vows transparent, people-centered budget for Sindh after eid
KARACHI – Sindh Chief Minister Syed Murad Ali Shah has promised a transparent and development-focused budget for the fiscal year 2025-26, with key investments in water, solar energy, education, and healthcare. He made the remarks during a high-level cabinet meeting held on Saturday to review and finalize budget proposals. The chief minister emphasized the importance […]
Shehbaz unveils Rs250bn for Balochistan: “No room for injustice or neglect”
QUETTA – Prime Minister Shehbaz Sharif announced on Saturday that Balochistan will receive Rs250 billion in the upcoming national development budget for fiscal year 2025–26. Speaking at the Balochistan Grand Jirga in Quetta, the premier stressed that these funds must be spent transparently and efficiently to bring real, on-ground change to the province. He praised […]
Rs1 trillion+ development budget aims to transform roads, water, and energy sectors
The federal government plans to spend more than Rs1 trillion on development projects in the fiscal year 2025-26. This large budget will fund important areas such as roads, water supply, power generation, and higher education. Officials say this shows the government’s commitment to improving infrastructure and social services across the country. The Annual Plan Coordination […]
Finance ministry proposes 20% budget hike for BISP to support 10 million families
The Finance Ministry has proposed a 20% increase in the Benazir Income Support Programme (BISP) budget for the fiscal year 2025-26. If approved, the allocation will rise from Rs592.48 billion to Rs716 billion. This boost aims to raise quarterly cash transfers and maintain support for 10 million low-income households across Pakistan. Starting January 2026, quarterly […]
Pakistan targets structural shift with FY26 budget, says finance minister
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday revealed that the government is working on a “strategic” and reform-driven federal budget for fiscal year 2025-26, aiming to go beyond the traditional approach of simply balancing revenues and expenditures. Speaking at an event in Islamabad, Aurangzeb said that Pakistan’s economy needs a fundamental shift. “The DNA of […]
Defence budget to rise by 32% in Pakistan’s 2025-26 fiscal plan
Pakistan is set to raise its defence budget to Rs2.8 trillion for the fiscal year 2025-26, marking a 32% increase from last year. This hike is mainly due to ongoing tensions with neighboring India, which the report describes as a “war-like situation.” The increased funds will support new military recruitment and strengthen defence capabilities amid […]