Pakistan Budget 2026-27 postponed – Check new expected date
Why this matters: local context for readers following news across Pakistan and the region.
ISLAMABAD – The federal budget 2026-27, originally scheduled for June 5, has been postponed due to several reasons, reports said on Tuesday. The meeting of the National Economic Council (NEC), which was to be held on June 3, has also been postponed, and an official notification regarding the delay has been issued. Reports said that the new date for the federal budget presentation has not yet been finalized, though June 8 or June 12 are being considered as possible options. The official notification states that the revised date for the NEC meeting will be announced later. Pakistan is planning to include a national development budget exceeding Rs4 trillion in the upcoming federal budget for the fiscal year 2026-27. Ahead of the budget presentation, the Annual Plan Coordination Committee (APCC) is holding a meeting today to outline national development expenditures. The committee will recommend a macroeconomic framework to the National Economic Council (NEC), which includes a GDP growth target of 4 percent and a Consumer Price Index (CPI)-based inflation target of 8.2 percent. The NEC meeting under the chairmanship of Prime Minister Shehbaz Sharif, is expected to approve both the macroeconomic framework and national development spending for the next fiscal year. According to estimates, the Federal Public Sector Development Program (PSDP) will amount to Rs1.126 trillion, while provincial Annual Development Programs (ADPs) are expected to total around Rs3 trillion. More to follow…