The federal government is set to present a record Rs. 17.6 trillion budget for the upcoming fiscal year, marking the highest-ever budget in Pakistan’s history.
According to official sources, the upcoming budget will focus on stabilizing the economy, increasing revenue collection, curbing inflation, and promoting growth in key sectors such as agriculture, industry, and technology.
The government plans to allocate a significant portion of the budget to debt servicing, defense, and development projects under the Public Sector Development Programme (PSDP). Social welfare programs such as the Benazir Income Support Programme (BISP) are also expected to receive increased funding.
In light of recent negotiations with the International Monetary Fund (IMF), the budget is expected to include measures for broadening the tax base and reducing the fiscal deficit.
Finance Minister [insert name] is expected to unveil the budget in the National Assembly next month, where it will be thoroughly debated before final approval.
Economists are closely watching the upcoming budget, as it will shape the government’s economic direction amid mounting external debt, currency devaluation, and growing public demands for relief.