Pakistan Federal Budget FY 2025–26 to Be Presented on June 10
Mr. Khurram Shehzad, a senior advisor to the Finance Minister, confirmed the government will roll out the Federal Budget for FY26 on June 10, 2025. The government has sent out this year’s budget amid on-going talks with the IMF. Mounting economic problems and growing public requests for tax assistance.
The article covers all the necessary details about the Pakistan Federal Budget FY26, including what is being discuss. The main issues, likely actions and current IMF talks which helps readers stay in the know.
Federal Budget 2025–26 Presentation Date Confirmed
The budget will be hande over to the National Assembly on June 10, according to the Federal Ministry of Finance, while the National Economic Survey is schedule for release on June 9. The meeting was move to March 23, two months later than the planned date, so the government could finalize its main fiscal objectives and complete discussions with the IMF.
Much of the delay in presenting the budget is because of negotiations with the IMF.
IMF Talks: Key Factor Behind Budget Delay
This week’s technical discussions complete successfully, even so, agreement has not been reach on various major budget amounts. Negotiations will likely go on next week, signaling that Pakistan’s fiscal situation is still quite complicate.
Last week, Jihad Azour, the IMF’s Director for the Middle East and Central Asia, met with President Asif Ali Zardari, Finance Minister Muhammad Aurangzeb and various senior officials in Islamabad. During the meeting, main topics were the country’s economic situation, the program from the IMF and aligning fiscal policy.
What to Expect in Federal Budget FY26
1. The goal for revenue collection is between Rs14.1 and Rs14.3 trillion
Experts say the Federal Board of Revenue (FBR) will likely face a new tax collection target of Rs14.1–14.3 trillion in FY26, an increase of 16–18% over FY25.
About 12% of the growth will result from autonomous causes, based on a predicted rise in GDP of 3.6% and inflation at 7.7%.
2. Support to Lower Taxes for Both the Salaried Sector and Industries
Apparently, the government is hoping the IMF will accept relief measures including.
Cutting super tax
Low taxes for investments in real estate
Increased tax reduction for those earning wages
Pakistan has yet to receive the requested funds from the IMF, as the organization says it must still comply with its rules on fiscal discipline.
3. Defence and Development Finance
Experts speak of a possible rise in defence spending, while also recommending ways to control public sector spending.
4. Changes in both agriculture and provincial revenue collection took place.
The government has offered a framework to better gather agricultural taxes and a plan to increase provincial revenues—both important for widening the tax base and decreasing the federal deficit.
🇵🇰 Economic Context: Budget Amid Challenges
The 2025–26 Federal Budget is being develop in light of numerous economic challenges.
Rising inflation is making it harder for many to buy the goods they need.
A currency that lowers in value having effects on imports and trade balance
Having to follow fiscal tightening to satisfy conditions set by the IMF
More requests have been made for public support.
Notwithstanding all these obstacles, the government intends to draft a budget that supports fiscal duty, social well-being and economic growth.
Official Statements and Commentary
Khurram Schehzad, advisor to the Finance Minister, disclosed on social media that the new budget will be unveiled on date X.
The Federal Budget of Pakistan for FY 2025–26 will be presented on June 10, 2025.
An official of the Ministry of Finance has given insight on how the IMF discussions are playing out:
Surrounding the final meeting today with the IMF, officials were not able to finalise the key fiscal targets. Discussions over the deal will continue over the next week.
Economic Survey to Precede Budget
The Government will present its assessment of how well it performed during the 2023-2024 fiscal year in the National Economic Survey due out on June 9. The main sectors that are include are:
Agriculture,Industry,Services,Sending goods out beyond our own borders,Inflation and information on employment
The budget plans will be built upon this and the public will know what to expect as a result.
Policy Recommendations and Market Expectations
Analysts and economists are telling the government that it should:
Seek to improve the tax base by targeting generally under-taxed industries, for example in agriculture and retail
Cut down on anything that doesn’t contribute to development.
Make sure subsidies are distribute base on transparency.
Make your fiscal policies secure and transparent so investors feel more encouraged.
Business operators expect changes in energy rates, more privatizations of state-run firms and inducements meant to draw foreign investment.
Impact on Businesses and Citizens
It is anticipate that the Federal Budget 2025–26 will have a broad range of results.
For Businesses:
Probable changes in how taxes are set
Expanded encouragement for industrial and export development
Higher utility bills might follow the government’s efforts to better manage energy subsidies.
For Individuals:
Possible help for the salaried class, as approved by the IMF
Changes to the income tax slabs
Prices will be affect by changes in the indirect tax system.
Final Thoughts
Since the Federal Budget FY26 is set for June 10, 2025, everyone is watching to see what the government will do. With Pakistan working on its budget under extreme economic stress and while in delicate talks with the IMF, the country has reached a crucial fiscal turning point.
It is essential that the government uses its budget wisely to help the country’s economy and to preserve the public’s trust.
Stay connected for our regular coverage of Pakistan’s economic growth and budget updates.
