ISLAMABAD – May 30, 2025
Pakistan Is Set to Unveil its Federal ''Budget for The fiscal year 2025–26 (FY26) on June 10, 2025, a seniorGovernment adviser has ”Confirmed, Marking a crucial Moment for the Country’s EconomicPlanning amidst ongoing negotiations with the International Monetary Fund (IMF).
Official Confirmation from Adviser
The confirmation Came from a government adviser who stated that the federal budget FY26 will be presented in the National Assembly on June 10. This aligns with the government’s efforts to meet important fiscal deadlines and targets required by international financial institutions.
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Fiscal Year Timeline
The Upcoming budget corresponds ToFiscal Year 2025–26 (FY26), which begins on July 1, 2025, and ends on June 30, 2026. The government is expected to Announce revenue targets, public sector development “programs (PSDPs), and key policy measures during the budget session.
IMF Negotiations in Focus
The budget Announcement gains additional importance as Pakistan remains in talks with the International ''Monetary Fund for a potential long-term loan program. The IMF has emphasized the ''Need for fiscal discipline, revenue generation, and reduction in subsidies, all ofWhich are likely to Be “Reflected in the new budget.
Economic Challenges Ahead
Pakistan Continues to grapple with high inflation, currency depreciation, and a widening fiscal deficit. The FY26 budget is expected to introduce austerity measures and tax reforms aimed atStabilizing “The economy and ”Regaining Investor Confidence.
Upcoming Parliamentary Process
Once presented” the budget will be “Debated in the National Assembly, where lawmakers will scrutinize allocations for various ministries, provinces, And sectors. ”The Government aims to Get the budget passed before the Start of the new fiscal year on July 1, 2025.
Key Expectations
While the detailed contents of the budget remain confidential until officially tabled, key areas of interest include:
- Taxation policies and possible new taxes
- Subsidy reductions or restructuring
- Defense and Development spending
- Social welfare Allocations
- Privatization Plans for state-owned enterprises
Conclusion
The federal budget for FY26, set to be presented on June 10, 2025, is likely to shape the direction of Pakistan’s Economy Over the Coming year. As global lenders, local businesses, and the general Public “Await the Budget details, all eyes remain on Islamabad’s ability to balance fiscal prudence with socio_Economic Needs…