Budget 2026 27

IMF-mandated curbs squeeze development spending

IMF-mandated curbs squeeze development spending

Only Rs1.13tr allocated to PSDP against Rs4.1tr requirement; minister terms shortfall "new circular debt crisis"; record Rs4.715tr development plan unveiled.
Published 02 Jun, 2026 07:46am
A new tightrope budget

A new tightrope budget

Despite a temporary price easing earlier this year, Pakistan is bracing for renewed inflationary pressures in FY27.
Updated 01 Jun, 2026 10:10am
Budget concerns

Budget concerns

Mistaking IMF compliance for sound economic management is what is driving the economy into deeper stagnation.
Updated 01 Jun, 2026 08:21am
The social weight on the new budget

The social weight on the new budget

Attempting to extract more taxes from an already stressed private sector is likely to generate frustration and resentment rather than meaningful additional revenues.
Published 01 Jun, 2026 07:01am
Shadow budget eyes zero deficit

Shadow budget eyes zero deficit

FPCCI projects Rs19.6tr revenue for FY27, cuts subsidies and pushes privatisation to fix fiscal imbalances.
Published 26 May, 2026 07:03am
PTI slams govt’s ‘fifth budget sans reforms’

PTI slams govt’s ‘fifth budget sans reforms’

PTI information secretary says no serious effort has been made over the past five years to cut the cost of governance, reduce wasteful spending or address structural inefficiencies.
Updated 25 May, 2026 07:43am
More stabilisation

More stabilisation

The stabilisation achieved through painful growth compression steps could have been used as a platform for structural reforms.
Updated 23 May, 2026 08:12am
Govt set to approve Rs3.5tr development plan

Govt set to approve Rs3.5tr development plan

Schedules Annual Plan Coordination Committee and National Economic Council meetings early next month to clear a consolidated national development programme.
Published 20 May, 2026 07:02am
The fiscal space test

The fiscal space test

Stabilisation has bought Pakistan a budget cycle; FY27 should use it to build.
Published 18 May, 2026 08:28am
A new fiscal compact

A new fiscal compact

It is increasingly about how all parts of the state can share responsibility for reviving industry, employment and economic growth.
Updated 16 May, 2026 08:39am
Faltering tax effort

Faltering tax effort

You cannot grow your economy while the state is busy bleeding it to fulfil its own expenditure requirements.
Updated 14 May, 2026 07:57am
FBR mulls AI-based monitoring

FBR mulls AI-based monitoring

Proposals under consideration for the upcoming budget 2026-27 include measures to improve transparency and documentation through digital tools.
Updated 14 May, 2026 08:03am
IMF funds arrive as govt opens pre-budget talks

IMF funds arrive as govt opens pre-budget talks

Both sides exchanges views on maintaining reform momentum, preserving macroeconomic stability and advancing structural reforms to promote investment, productivity and export-led growth.
Updated 14 May, 2026 07:54am