Budget is expected to be presented in Parliament between June 3 and 5
Islamabad: Federal Finance Minister Muhammad Aurangzeb is set to visit the United States next week to attend the annual meetings of the World Bank and the International Monetary Fund (IMF). Meanwhile, the government has principally decided to present the federal budget for FY2025-26 before Eid-ul-Adha.
According to sources in the Ministry of Finance, a proposal is under consideration to convene the budget session of Parliament earlier than usual due to Eid.
The new budget is expected to be presented in Parliament between June 3 and 5, possibly two to three days before Eid. The budget approval process will begin immediately after the Eid holidays.
Consultations with the IMF will also take place regarding the upcoming fiscal year’s budget. An IMF mission is scheduled to arrive in Pakistan on May 14 to hold discussions.
Key targets, including annual tax revenue and the development budget, will be finalized with IMF approval.
The Finance Minister will participate in the IMF and World Bank Spring Meetings, scheduled to take place in Washington from April 21 to 26.
ChatGPT’s ‘adult mode’ is expected to debut in Q1 2026
- 3 hours ago
NHL board of governors eager to see more 'color vs. color' jersey matchups
- 6 minutes ago
Diaz picked Dodgers because 'I'm looking to win'
- 7 minutes ago
Source: Gray, Nats reach deal to avoid arbitration
- 7 minutes ago
Tremors felt in Balochistan's Barkhan, surroundings
- 19 hours ago
Blue Jays acquire right-hander Lee from Tigers
- 8 minutes ago
Inclusion of Parekh, Misa is a step in right direction for Canada at World Juniors
- 11 hours ago
Sources: Rangers address needs with 3 signings
- 7 minutes ago
No one knows what to call these things
- 3 hours ago
Jays president Shapiro given new 5-year deal
- 7 minutes ago
Anti-state elements to be held accountable: Kh Asif
- 20 hours ago
We’re running out of good ideas. AI might be how we find new ones.
- 10 hours ago
