Budget 2025-26: Friction Within Ruling Partners Necessitates Last-Minute Tweaks
9 Articles
9 Articles
Does President Have Power To Declare Financial Emergency In A Province? - Pakistan Live News
President Asif Ali Zardari addressing the Joint Session of the Parliament at the beginning of the 2nd Parliamentary Year at Parliament House in Islamabad on March 10, 2025. — APP ISLAMABAD: With the new financial year fast approaching, constitutional provisions granting the president of Pakistan the power to declare a financial emergency are drawing attention, particularly in light of recent budgetary challenges faced by provincial governments. …
Govt Drops Dam Cess from Budget Amid IMF Reluctance - The Financial Daily
ISLAMABAD – The government has withdrawn its proposed dam cess from the Finance Bill 2025-26 after failing to secure approval from the International Monetary Fund (IMF). Talks with the Fund on the issue remain ongoing, with the government seeking to raise funds for the Diamer-Bhasha, Mohmand, and Dasu hydropower projects. The Federal Board of Revenue (FBR) had floated the idea to expedite dam construction and strengthen Pakistan’s water storage …
Federal cabinet meeting underway to approve 2025-2026 finance bill
Islamabad: Meeting of the federal cabinet is underway in Islamabad with Prime Minister Shehbaz Sharif in the chair. The federal cabinet is reviewing and approving the new Finance Amendment Bill for the upcoming fiscal year. Finance Minister Senator Muhammad Aurangzeb will give a detailed briefing to the cabinet on the proposed changes in the bill. The Finance Amendment Bill is expected to include key tax adjustments, revenue targets, and spendin…
Federal cabinet meeting underway in Islamabad - Economy.pk
ISLAMABAD – A high-level meeting of the federal cabinet is currently underway in Islamabad, with Prime Minister Shehbaz Sharif presiding over the session. The agenda of the meeting includes the review and approval of the Finance Amendment Bill for the upcoming fiscal year. Finance Minister Senator Muhammad Aurangzeb is scheduled to present a comprehensive briefing on the proposed amendments. The bill is expected to outline key fiscal measures, i…
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