Budget Likely to Be Announced on June 12, Says Minister
June 2026 | By Azad News
Parliamentary Affairs Minister Tariq Fazal Chaudhry has stated that the federal budget for the upcoming fiscal year (FY2026-27) is likely to be presented in Parliament on June 12 (Friday).
In a post on X, the minister said that summaries for convening budget sessions of both the National Assembly and the Senate on June 10 (Wednesday) have been forwarded to the President for approval.
According to the schedule, the National Assembly session is expected to be held at 5pm, while the Senate session is likely to begin at 4pm.
The announcement comes amid earlier uncertainty over the budget date due to ongoing discussions between the federal government, coalition partners, and provincial administrations regarding fiscal allocations.
The National Economic Council (NEC) meeting was recently postponed for the third time as negotiations continued over the National Finance Commission (NFC) Award and provincial shares in the federal divisible pool.
According to officials, the Centre has proposed that provincial shares remain unchanged, while any additional financial requirements would need to be adjusted within existing allocations.
Some provincial representatives have raised concerns that such measures could create budgetary pressures and impact development spending and administrative operations.
Despite challenges, the government and its coalition partner have reportedly reached a broad agreement on the Public Sector Development Programme (PSDP) and development-related expenditures.
Further consultations are expected to continue at both political and technical levels to finalize remaining budgetary matters before the official presentation.
Conclusion
The federal budget for FY2026-27 is expected to be presented on June 12, as the government works to finalize agreements with coalition partners and provincial stakeholders on key fiscal issues.
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