Tue, 21-Oct-2025

Govt to present Rs17.6tr federal budget for FY26 today

Govt

ISLAMABAD: The federal government is set to unveil the budget for fiscal year 2025–26 today, with the total outlay estimated at Rs17.6 trillion. According to sources in the Ministry of Finance, as per initial estimates, the federal revenue target is projected at Rs19.3 trillion, out of which the Federal Board of Revenue (FBR) is expected … Read more

The upcoming budget is circling a hefty Rupees 18,000 billion mark

Budget targets revealed The upcoming budget is circling a hefty Rupees 18,000 billion mark

The upcoming federal budget is expected to be between Rupees 17,500 billion and Rupees 18,000 billion official documents reveal. The FBR is tasked with a revenue target of Rupees 14,307 billion for the next fiscal year. This includes significant contributions from direct taxes and sales tax. The budget anticipates Rupees 6,470 billion from direct taxes … Read more

Gilani calls for maximum public relief in upcoming budget  

Gilani

ISLAMABAD: Acting President Syed Yusuf Raza Gilani stressed the need for extending maximum relief to the masses through the upcoming federal budget, and the formulation of a comprehensive strategy to enhance the revenue.

The acting president said this in a meeting with Minister of Finance and Revenue Muhammad Aurangzeb, who called on him here at the Aiwan-e-Sadr.

The finance minister briefed the acting president about the ongoing preparations for the upcoming people-friendly budget and the government’s measures to reduce inflation.

The minister said that a remarkable reduction in the inflation rate manifested the government’s constant and undeterred actions by the government.

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When would the government release the federal budget for 2022-2023?

NA budget

The federal authorities on Friday introduced the agenda for the submission of the federal price range for the upcoming fiscal year 2022-23. The Annual Budget for FY23, together with the Finance Bill 2022, is scheduled to be offered in the National Assembly on Friday, the tenth of June 2022. “Prime Minister [Shehbaz Sharif] has been … Read more

Economic Survey: Fiscal deficit projected at 7% amid lower expenditures, rise in revenue

economic survey

KARACHI: The Finance Ministry has estimated a 7 per cent fiscal deficit for the outgoing fiscal year, despite reduction in the expenditures and increase in revenues. According to the Economic Survey of Pakistan released on Thursday, the fiscal deficit has been estimated at 7 per cent of GDP during the outgoing fiscal year 2020/21, compared … Read more

Rupee weakens against dollar

IMF rupee

KARACHI: The rupee weakened by 23 paisas against the US dollar on Thursday, as the market men await the announcement of the Federal Budget 2021/2022. The exchange rate closed at Rs155.92 against the dollar from the previous day’s closing of Rs155.69 in the interbank foreign exchange market. Dealers said the importers were seen buying the … Read more

Optimism runs high: Analysts believe budget to entail growth, reform

Optimism Runs High

Optimism runs high: The upcoming Federal Budget 2021/22 is likely to target economic growth and structural reforms, analysts said on Tuesday. The federal government is scheduled to announce the budget on June 11. “We expect the budget to remain accommodative and should target economic growth and sound structural reforms side-by-side,” analysts at Insight Securities said. … Read more