Islamabad: Finance Minister Muhammad Aurangzeb presented the federal budget for fiscal year 2026–27 in the National Assembly, unveiling a total outlay of Rs18,771 billion with a strong focus on fiscal consolidation, tax reforms, social protection, and development spending. The budget comes at a time when Pakistan is navigating high debt servicing costs, external economic pressures, […]
Pakistan economic reforms 2026
IMF urges strict reforms in Pakistan economy
The International Monetary Fund has urged Pakistan to adopt strict fiscal discipline and continue structural reforms to ensure long-term economic stability. The warning comes amid rising global uncertainty and regional geopolitical tensions affecting energy and trade markets. IMF representative International Monetary Fund official Dr Maarten Bijl stressed that cautious monetary and fiscal policies are essential […]
Pakistan secures external financing for FY26
Pakistan has completed its external financing arrangements for the fiscal year 2026, Finance Minister Muhammad Aurangzeb said. The announcement signals improved financial stability and sustained investor confidence in Pakistan’s economic reform agenda. The development is significant for debt management, foreign reserves, and overall macroeconomic stability. The finance minister made the statement during a meeting with […]