The government has set an ambitious remittance target of $42.4 billion for fiscal year 2026-27, banking on strong inflows from overseas Pakistanis to support the economy and help manage a widening current account deficit. According to budget projections, the government expects the current account deficit (CAD) to rise to $3.6 billion in FY27, equivalent to […]
FY2026-27
Govt set to unveil FY2026-27 budget today with estimated Rs 18tr outlay
The incumbent government is all set to present its third growth and relief-oriented federal budget for the fiscal year 2026-27, with an estimated outlay of around Rs18 trillion, on June 12 (Friday). The budget for fiscal year 2026-27 would be presented before the National Assembly by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. […]