Punjab Finance Minister Mujtaba Shuja-ur-Rehman on Monday presented the provincial budget for the financial year 2025-26 in the assembly session.
A week after the federal government announced its budget, the provincial government proposed its Rs5.335 trillion budget for the upcoming fiscal year.
Here are the key points of the budget:
- The salaries of government employees increased by 10 per cent and pensions by 5 per cent.
- Rs2.706 trillion has been allocated for non-development expenditure.
- The provincial government has budgeted Rs590 billion under current capital expenditure
- The provincial government allocated Rs1.24 trillion for development in FY26, an increase of 47% as compared to Rs842 billion allocated in FY25.
- The provincial government has allocated Rs148 billion for education under the development package for FY26.
- Under the Chief Minister’s Laptop Scheme, Rs15.1 billion has been earmarked to distribute laptops to 112,000 students in FY26.
- The health budget for the province has been raised to Rs630.5 billion for FY26.
- The provincial government has proposed to allocate Rs70 billion under a social security package.
- The provincial government has allocated Rs123 billion for the development expenditure of the agriculture, livestock and irrigation sector.
- The Punjab government has allocated Rs335.5 billion for the construction sector.
Ahead of the assembly session, Punjab Chief Minister Maryam Nawaz approved the provincial budget.
