Pakistan budget likely announced June 12

Pakistan's budget for the upcoming fiscal year 2026-27 is tentatively slated for announcement on June 12, Parliamentary Affairs Minister Tariq Fazal Chaudhry indicated Tuesday. He shared on X that summaries for convening budget sessions in the National Assembly and Senate on June 10 have been dispatched.

However, the precise date for the budget's presentation remains unconfirmed. This uncertainty stems from ongoing struggles among the federal government, its coalition partners, and provincial governments to reach a consensus on the Center's demand for over Rs1 trillion designated for strategic needs.

The National Economic Council (NEC) meeting, initially scheduled for June 8, was postponed for the third time at the last moment. This delay reflects the continuing negotiations over freezing provincial shares within the federal divisible pool, as stipulated by the National Finance Commission (NFC) Award.

An official revised plan detailing the release of the Economic Survey of Pakistan and the overall budget schedule is still pending issuance. The government's ability to finalize the budget hinges on resolving these critical financial negotiations.