ISLAMABAD: Pakistan’s coalition government will unveil the national federal budget today, Tuesday, for the fiscal year till June 2026 with Islamabad eyeing sustainable economic growth and vowing to continue ahead with painful fiscal reforms to ensure that.
The budget comes a day after the government unveiled the annual Economic Survey, a pre-budget document assessing the economy’s trajectory over the past year, which said Pakistan’s economy is expected to grow 2.7 percent in the outgoing fiscal year, missing Islamabad’s 3.7 percent target.
The budget every year highlights the government’s plans to raise revenue, outlines its expenditures, states inflation and growth assumptions as well as allocations for several areas such as defense, education, health and other sectors of the economy.
“The Federal Budget for the next fiscal year will be presented in the National Assembly on Tuesday,” state broadcaster Radio Pakistan reported, adding that the lower house of parliament will meet at 5:00 p.m. for the session.
“Finance Minister Muhammad Aurangzeb will present the Federal Budget in the National Assembly and later he will lay a copy of the Finance Bill, 2025, containing the Annual Budget Statement before the Senate.”
