ISLAMABAD - The coalition government led by Pakistan Muslim League-Nawaz (PML-N) will present its second federal budget for the fiscal year 2025-26, with an estimated outlay of around Rs18 trillion, today (Tuesday).
The budget for fiscal year 2025-26 would be presented before the National Assembly by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb.
The budget had been formulated while considering the existing challenges being faced by economy at do-mestic and international fronts. Hence, mitigating the people’s sufferings, transforming the agriculture sec-tor, promoting information technology (IT), and boosting exports would be the main focus of the document, sources said.
In addition to fiscal management, revenue mobilization, measures for economic stabilization and growth, reduction in non-development expenditures, job creation and people-friendly policies for the socioeconomic prosperity of the country would feature in the budget.
The sources said the preparations for the announcement of the federal budget for fiscal year 2025-26 con-tinued in full swing in accordance with the prescribed timelines.
The budget was being prepared in close coordination among all the departments and ministries involved in the budget-related events, including the presentation of the budget in the Parliament and the launching of the Economic Survey, they added. Meanwhile, the pre-budget document presenting the state of the coun-try’s economy, ‘the Economic Survey of Pakistan’, was launched on June 09 (Monday).
The survey would highlight the overall performance of economy during the outgoing fiscal year, providing a realistic feedback and basis for future planning.
