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BUDGET 2026-27: Budget timing in doubt after NEC meeting put off again
Centre, provinces struggle to reach consensus over fiscal space; KP says demand could push provinces into deficit.
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Timeline cronologica
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BUDGET 2026-27: Political, fiscal reality to reshape uplift budget as NEC meets today
Rs4.7tr federal, provincial development plans may be revised.
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BUDGET 2026-27: Budget timing in doubt after NEC meeting put off again
Centre, provinces struggle to reach consensus over fiscal space; KP says demand could push provinces into deficit.
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A backdoor NFC revision?
NFC shares may be frozen under budget pressure; critics say Centre ignores revenues kept outside divisible pool.
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BUDGET 2026-27: Centre, Punjab & Sindh agree on spending cuts
Extra FBR revenue to stay with Centre; "strategic needs" may require Rs1.3-1.7tr.
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Centre vs provinces
The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
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BUDGET 2026-27: NEC trims uplift plans; Punjab takes biggest hit
Overall development outlay slashed by 25pc to Rs3.218tr; no new projects except for interior, defence ministries; federal PSDP reduced to Rs1tr.
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Analysis: BUDGET 2026-27: Budget battles: who really shapes country’s finances?
The big boss may be IMF, but Pakistan remains a sovereign nation, not a subject of the Fund.