Punjab Budget 2026-27: Province Eyes Rs910 Billion Surplus in Rs5.9 Trillion Spending Plan

Punjab's government has unveiled a Rs5.903 trillion budget for the next fiscal year, projecting a surplus of Rs910 billion. The province's Annual Development Programme has been significantly reduced by approximately 40%, now standing at Rs752 billion.

Provincial Finance Minister Mian Mujtaba Shuja-ur-Rehman stated that the budget places no additional tax burden on the public. He emphasized that the financial plan prioritizes welfare, economic growth, and self-reliance for the province. A key measure includes a 7% salary raise for government employees and a 3.5% increase in pensions.

The budget targets Rs1.21 trillion in revenue from the province's own sources, with the Punjab Revenue Authority assigned a collection target of Rs528.9 billion. Notably, a Rs546 billion grant from the federal government is included for the first time. Significant allocations have been made to key sectors, with education receiving Rs750 billion and the health sector allocated Rs500.82 billion. The agriculture, livestock, and aquaculture sectors will collectively receive Rs132.5 billion.