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Federal Budget 2026-27 Likely to Be Presented on June 5 Amid Ongoing Consultations

Federal Budget 2026-27 Likely to Be Presented on June 5 Amid Ongoing Consultations

The government is likely to present the upcoming Federal Budget for 2026-27 on June 5, 2026. Preparations are underway as consultations continue between key institutions.

Officials are working to finalize the schedule for the next Federal Budget. Discussions are ongoing between the Ministry of Finance and the National Assembly Secretariat.

These talks aim to confirm the exact date and parliamentary timetable for the budget presentation. Sources said coordination is in the final stages.

At the same time, economic planning for the Federal Budget has entered an active phase. Government departments are aligning their proposals with fiscal targets and policy goals.

A delegation of the International Monetary Fund has also arrived in Islamabad. The IMF team will hold meetings with senior officials, including the finance minister and the State Bank governor.

The upcoming Federal Budget will be prepared in close consultation with the IMF. Discussions will focus on revenue targets, reforms, and macroeconomic stability.

In the first phase, IMF officials will meet the Ministry of Finance team. They will review key proposals and policy directions for the next fiscal year.

According to sources, the government is considering a significant increase in tax revenue targets. The goal is to exceed current-year collections by around Rs. 2 trillion.

The proposed tax target for the next Federal Budget may go beyond Rs. 15.3 trillion. This reflects efforts to improve revenue generation and reduce fiscal pressure.

Officials said the budget strategy is being shaped to balance growth and financial discipline. Key sectors will be reviewed before final approval.

The Ministry of Finance is also working on expenditure planning. Development projects and public sector needs are being assessed carefully.

Experts believe the upcoming Federal Budget will focus on economic reforms and revenue expansion. Inflation control and stability measures are also expected to be key priorities.

Parliamentary consultations will continue in the coming weeks. Final approval will depend on discussions between all relevant stakeholders.

The government aims to present a balanced and structured Federal Budget that meets economic challenges and aligns with international financial commitments.

In other news read more about National Assembly Passes Rs17.57 Trillion Federal Budget for 2025-26

Further updates are expected as negotiations with the IMF progress and final budget numbers are confirmed.

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