The federal budget for the upcoming fiscal year 2025-26 will be presented on June 10 in the country, as reported by national media.
The spokesperson of the Ministry of Finance has confirmed that the federal budget will be presented in the National Assembly on June 10, while the Economic Survey will be presented on June 9. Earlier, the date given for presenting the federal budget was June 2.
Earlier, negotiations between Pakistan and the International Monetary Fund (IMF) on budget proposals could not yield conclusive results; however, the talks were termed constructive, and it was agreed to continue the dialogue.
The International Monetary Fund has announced that negotiations with Pakistan on the budget will continue. IMF officials have completed their visit to Pakistan. Following the visit, the IMF stated that constructive negotiations were held with Pakistan on next fiscal year’s budget proposals, broader economic policy, and reforms.
Pakistani officials reaffirmed their commitment to financial stability. However, discussions with Pakistan regarding agreement on budget proposals will continue in the coming days. According to the IMF, the negotiations also covered reforms in the energy sector aimed at improving economic sustainability and reducing costs in the energy sector.
