Economy | Pakistan

ISLAMABAD: Information Minister Attaullah Tarar on Sunday invited the opposition to sign a Charter of Economy (CoE) and defended the federal budget 2026-27. Speaking on the floor of the National Assembly on Sunday, Tarar gave credit to the government for what he called “sagacious” economic policy. “It’s a friendly and relief-oriented budget for all,” he said, noting that the budget has proposed to abolish the super tax, which had been approved by Prime Minister Shehbaz Sharif. The information minister highlighted that revenue and foreign remittances had increased. Tarar urged opposition to appreciate the good decisions made by the government, particularly its efforts for peace in the Middle East. “Today the economy is on the right track,” he asserted. On June 12, the government presented the budget for FY27, announcing relief measures for the salaried, corporate, real estate and export sectors to revive struggling economic activity. While the government has placed greater emphasis on enforcement measures rath...