Finance Minister Muhammad Aurangzeb has said that the upcoming budget includes measures aimed at moving the country forward.
The finance minister said that not everything can change overnight. “Today, everyone agrees that there has been improvement in the country’s economy,” he stated.
He added that the economic stability achieved so far will be carried forward.
Muhammad Aurangzeb said that the government is taking steps in this budget that will help the country progress. “Under Prime Minister Shehbaz Sharif’s leadership, economic improvement has been seen over the past year,” he said.
Budget 2025-26
The federal budget for the fiscal year 2025-26 will be presented on June 10, while the Pakistan Economic Survey will be released a day earlier.
The Economic Survey serves as a vital document ahead of the annual federal budget, offering detailed insights into the country’s socio-economic performance over the outgoing fiscal year.
It highlights trends, achievements, and challenges across major sectors including agriculture, manufacturing, industry, services, energy, information technology and telecommunications, capital markets, health, education, transport, and communication.
Debates on the federal budget will continue until June 21, when it will be finalised.
According to the Annual Plan Coordination Committee (APCC), whose recommendations were endorsed by the National Economic Council (NEC), Pakistan’s Gross Domestic Product (GDP) growth rate for the fiscal year 2024–25 has been recorded at 2.7 per cent.
The target for GDP growth in the next fiscal year has been set at 4.2 per cent.
