US EditionBudget FY26: Pakistan Targets 4.2pc Growth, Slashes Overall Spending
- On June 10, 2025, Finance Minister Muhammad Aurangzeb delivered Pakistan’s federal budget for the 2025-26 fiscal year, outlining expenditures totaling Rs17.57 trillion.
- This budget follows increasing challenges, including an energy sector circular debt of Rs2,393 billion and the need to boost tax revenue and economic stability amid inflation projected at 7.5%.
- Key features include an 18.7% rise in tax revenue to Rs14,131 billion, allocations of Rs14.3 billion for health projects, a new Electric Vehicle Policy to promote electric two- and three-wheelers, and debt servicing costs of Rs8,207 billion.
- The budget targets 4.2% GDP growth with a deficit contained at 3.9%, a primary surplus of 2.4%, and aims to boost exports, strengthen reserves, and enhance productivity, described by Aurangzeb as marking a comprehensive economic strategy.
- This fiscal plan implies continued fiscal discipline and reforms focusing on sustainable growth, broadening the tax base, reducing subsidies, and investing in health, agriculture, and digital sectors to support Pakistan’s development trajectory.
16 Articles
16 Articles
Business Pundits Term Budget For New Fiscal Year ‘conventional' - Pakistan Live News
(From left to right) Arif Habib, Miftah Ismail and Zubair Motiwala. —AFP/Facebook/TDAP/ Arib Habib Corp website/File Terming the federal budget for fiscal year 2025–26 “conventional”, the business fraternity on Tuesday expressed mixed views about it. Minister for Finance and Revenue Muhammad Aurangzeb presented the budget for the upcoming fiscal year with a total outlay of Rs17.57 trillion, setting a 4.2% GDP growth target and announcing re…
Pakistan Unveils FY2026 Budget: Targets 4.2% Growth, Cuts Spending, Boosts Defence and Tax Reforms
ISLAMABAD – June 2025: Pakistan’s Finance Minister Muhammad Aurangzeb presented the federal budget for fiscal year 2025–26 (FY2026) in a highly charged session of the National Assembly, outlining a roadmap to spur economic growth, reform the tax syst
Federal Budget: ICCI gives mixed response, applauds construction incentives - Islamabad Post
ISLAMABAD, JUN 10 /DNA/ – The Islamabad Chamber of Commerce and Industry (ICCI) has termed the federal budget 2025-26 as largely inspiring, welcoming several positive initiatives particularly for the construction sector, which drives nearly 50 allied industries and plays a pivotal role in employment generation and tax revenue. Addressing a well-attended press conference at the Chamber House on Tuesday, ICCI President Nasir Mansoor Qureshi praise…
Coverage Details
Bias Distribution
- 67% of the sources lean Right
To view factuality data please Upgrade to Premium
