Prime Minister Shehbaz Sharif has stressed the importance of strong national security ahead of the federal budget presentation. He said no country can achieve progress without robust security systems. The remarks came during a federal cabinet meeting that approved the budget. The session also confirmed that the budget will soon be presented in parliament. The […]
Pakistan budget 2026
Bilawal skips budget session: PPP
The Pakistan Peoples Party (PPP) has clarified that it will not boycott the federal budget session. However, party chairman Bilawal Bhutto Zardari will not attend the proceedings. The statement comes amid speculation about PPP’s participation in the budget process. According to the PPP media cell, some party lawmakers will attend the budget session in parliament. […]
Pakistan budget 2026-27 unveiled with fiscal targets
Pakistan is set to present a federal budget exceeding Rs17.5 trillion for fiscal year 2026-27, focusing on revenue growth and fiscal discipline nationwide tomorrow, aiming to stabilize economy. Preparations have been completed after National Economic Council approval of key targets development priorities and macroeconomic framework guiding next fiscal year’s policy direction ahead of presentation process. […]
Shehbaz-Zardari meeting yields budget deal
A high-level meeting between President Asif Ali Zardari and Prime Minister Shehbaz Sharif has resulted in broad agreement between the government and the Pakistan Peoples Party on key budget proposals. The development comes as consultations intensify ahead of the upcoming federal budget. Officials say most major fiscal points have been mutually accepted. The meeting was […]
Shehbaz vows people-friendly budget steps
Prime Minister Shehbaz Sharif said the upcoming federal budget will include measures aimed at providing relief to the public. The announcement matters because households and businesses are seeking support amid economic challenges. The proposed measures could affect consumers, taxpayers, and investors across Pakistan. The prime minister made the remarks during a meeting with leading industrialists […]
Aurangzeb promises relief-focused federal budget
Federal Finance Minister Muhammad Aurangzeb said the government is trying to minimise the financial burden on citizens in the upcoming federal budget. He stated that authorities are focusing on economic stability while continuing efforts to reduce inflation. His remarks came during a media interaction in Kamalia. Aurangzeb said the government plans to prioritise enforcement and […]
IMF seeks higher petroleum levy target
Pakistan and the International Monetary Fund continued budget negotiations as both sides discussed key economic targets for the next fiscal year. Meanwhile, the IMF recommended an 18 percent increase in the petroleum levy target to boost government revenue. Currently, the levy on petrol stands at 108 rupees and 17 paisas per litre. Moreover, the IMF […]
Government plans AI based tax reforms for digital monitoring
Pakistan is preparing major technology driven tax reforms under the upcoming federal budget 2026-27, aiming to strengthen enforcement and improve compliance across all sectors. Officials said the initiative focuses on reducing tax evasion, underreporting and smuggling through advanced digital systems that minimize manual intervention in revenue collection processes. A high level meeting chaired by Federal […]
Pakistan budget plan promises relief for salaried class
Pakistan is preparing to present its federal budget for the 2026–27 fiscal year in the first week of June, as key economic decisions gradually take shape. The government plans to design the budget framework in line with conditions set by the International Monetary Fund while also attempting to provide limited financial relief to citizens. Officials […]