Aurangzeb presents Rs18.771 trillion federal budget for FY 2026-27

ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 12th Jun, 2026) Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Friday unveiled a growth-oriented federal budget worth Rs18.771 trillion for the fiscal year 2026-27, posting an increase of 6.81 per cent compared to the Rs17.573 trillion budget for the outgoing fiscal year.

The finance minister presented the budget in the National Assembly, outlining the government's fiscal priorities aimed at sustaining economic growth, enhancing revenue generation, and providing relief to various sectors of the economy.

Pursuing a strategy of balanced and inclusive development across the country, he said the federal government has allocated Federal Public Sector Development Programme (PSDP) of Rs 1 trillion.

The budget also focused on development spending, social protection measures, and efforts to maintain macroeconomic stability while supporting investment and employment generation.

The finance minister said that despite the US-Iran war and devastating floods in the country, the Gross Domestic Product (GDP) growth rate was recorded at 3.7 per cent, while Large-Scale Manufacturing (LSM) registered growth of 6.1 per cent and the services sector expanded by 4.1 per cent.

The minister said that the LSM and services sectors recorded their highest growth rates in the last four years.

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