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Punjab Chief Minister Maryam Nawaz Sharif on Tuesday approved a “people friendly” Rs5.34 trillion budget provincial budget for the fiscal year 2026-27 after the 35th meeting of the provincial cabinet accorded its formal approval to the budget document.
The chief minster, while chairing the meeting, said the government had made every possible effort to provide maximum relief to citizens and minimise the financial burden on them despite economic challenges and prevailing global conditions.
She added that although the province had to allocate a substantial amount as its share to the federation, the government remained committed to safeguarding public interests.
CM Maryam said the FY 2026-27 budget had been prepared without imposing any new taxes and was focused on public welfare, development and prosperity.
