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09:34 Jun 09, 2026
Parliamentary Affairs Minister Tariq Fazal Chaudhry said on Tuesday that the budget for the next fiscal year (FY2026-27) would likely be presented in the parliament on June 12 (Friday). He posted this on X, further stating that summaries to convene budget sessions in the National Assembly and Senate on June 10 (Wednesday) had been sent to the presidency for approval. The sessions for the NA and the Senate have been advised to be summoned at 5pm and 4pm, respectively, Chaudhry added. Before Chaudhry’s statement, uncertainty had surrounded the date for the budget’s presentation as the federal government, its coalition partners and provincial governments struggled to reach a consensus over the Centre’s demand for more than Rs1 trillion for strategic needs. The meeting of the National Economic Council (NEC) was postponed for the third time on Monday at the last moment amid continuing negotiations over the freezing of provincial shares in the federal divisible pool under the NFC Award. Muzzammil Aslam, adviser on ...