Bilawal welcomes invitation to form PPP govt in GB, expresses gratitude to PM Shehbaz – Pakistan
ISLAMABAD: PPP Chairman Bilawal Bhutto Zardari on Friday welcomed Prime Minister Shehbaz Sharif’s statement regarding the formation of a government in Gilgit-Baltistan (GB) and expressed his gratitude. The PPP is all set to form a government in the region after it gained 11 out of 24 seats in the GB Legislative Assembly, according to the […]
PTI rejects federal budget for FY2026-27, terms it an ‘exercise in elite self-preservation’ – Pakistan
ISLAMABAD: PTI, the main opposition party in the National Assembly, on Friday rejected the federal budget for FY2026-27, terming it a “refined exercise in elite self-preservation”. In an NA session earlier today, the federal government unveiled a Rs18.8 trillion budget for the upcoming fiscal year. In a statement, PTI Secretary Information Sheikh Waqas Akram said […]
Budget FY26-27: What relief measures has the government announced for next year? – Business
As part of its budget proposals for the next fiscal year (FY26-27), the government has announced a range of measures to provide some measure of relief to the public, ranging from an expanded income support programme for the most vulnerable segment of the population, to lower taxes for individuals earning more than Rs183,000 a month. […]
Govt unveils Rs18.8tr budget for FY2026-27; GDP growth targeted at 4pc – Business
Average inflation expected to be 8.2pc; finance minister says large chunk of budgeted expenditures to be allocated for markup payments. Salient Features • GDP growth target set at 4pc; average inflation projected at 8.2pc • Income tax cut for those earning above Rs183,000 per month • Withholding tax on foreign debit/credit card transactions slashed from […]
How Pakistan stabilised its way into poverty in 21 graphs – Pakistan
The Pakistan Economic Survey arrives each June in two registers. The first is the press conference: growth is back, inflation has been beaten. The second is the statistical annex, which records, without adjectives, what actually happened—and this year it describes a stabilisation, real, hard-won, and worth defending. Except that it has so far fixed none […]
Govt unveils Rs18.8tr budget for FY2026-27; economic growth targeted at 4pc – Business
Average inflation expected to be recorded at 8.2pc. Finance Minister Muhammad Aurangzeb presented the FY2026-27 budget in the National Assembly (NA), addressing a session that began two hours after the scheduled time of 3pm and is marred by loud protests by the opposition. NA Speaker Ayaz Sadiq presided over the session, who invited Aurangzeb to […]
Former senator Taj Afridi dies in M-1 motorway crash – Pakistan
Former senator Taj Muhammad Afridi passed away on Friday after his vehicle was involved in a fatal accident near Karnal Sher Khan Interchange on the M-1 motorway, police said in a statement. According to a statement by the Motorway Police, the former senator was travelling from Islamabad to Peshawar. It further said that upon receiving […]
Finance minister presents FY2026-27 budget in NA amid loud protests by opposition – Business
Bilawal in attendance after PPP initially announced he would skip the session. The National Assembly (NA) session for the presentation of the federal budget FY2026-27, originally scheduled for 3pm on Friday, has begun after a delay of two hours. NA Speaker Ayaz Sadiq is presiding over the session. He asked Finance Minister Muhammad Aurangzeb to […]
PM Shehbaz stresses importance of ‘strong security’ ahead of budget presentation – Pakistan
Prime Minister Shehbaz Sharif on Friday stressed the importance of the country having “strong” security, as he spoke about the budget-making process. He made the remarks during a federal cabinet meeting that approved the budget, which is now expected to be tabled in the parliament. “Today, we are presenting the third budget of our government,” […]
NA session for FY2026-27 budget presentation yet to begin; PPP says Bilawal will not attend – Business
ISLAMABAD: The National Assembly session for the presentation of the federal budget FY2026-27, originally scheduled for 3pm on Friday, has yet to begin, with the PPP announcing that its chairperson Bilawal Bhutto-Zardari would not attend the session. The PPP, the main ally of the ruling PML-N, said its chairperson Bilawal Bhutto-Zardari would not attend the […]