Aurangzeb rejects allegations of discrepancies in budget documents, GDP data
Key takeaways
- Winding up the general debate on the Federal Budget 2026-27 in the National Assembly, the finance minister said the government had presented a balanced, growth-oriented, and stability-focused budget.
- He said the Pakistan Bureau of Statistics (PBS) continues to compile national accounts under the United Nations System of National Accounts (SNA 2008), using 2015-16 as the base year.
- According to Aurangzeb, nominal GDP is calculated at current market prices and converted into US dollars using average exchange rates, placing the size of Pakistan’s economy at approximately $452 billion in FY2025-26.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Saturday rejected allegations of discrepancies in Pakistan’s budget documents and national income statistics, asserting that all economic data is compiled in accordance with internationally recognized standards.
Winding up the general debate on the Federal Budget 2026-27 in the National Assembly, the finance minister said the government had presented a balanced, growth-oriented, and stability-focused budget.
Responding to concerns raised by some lawmakers regarding GDP calculations and national income figures, Aurangzeb categorically rejected the allegations and clarified that there had been no change in the methodology used to calculate Gross Domestic Product (GDP), per capita income, or other national accounts aggregates.