Federal Budget now likely to be announced on 12th

ISLAMABAD: The federal government is likely to postpone the presentation of the 2026–27 federal budget from June 10 to June 12, with a final decision on the proposed change expected in a day or two.

Speaking to the media at Parliament House on Monday, Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that several key budget-related matters are yet to be finalised, prompting discussions on revising the budget presentation schedule.

He said discussions were still underway and that limited time, coupled with the approaching month of Muharram, had complicated the process. “Many aspects of the budget are still being finalised,” he said, adding that no final decision had yet been taken on whether the presentation date would be changed.

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He said that negotiations between the Pakistan Muslim League-Nawaz and Pakistan People’s Party over the Public Sector Development Programme (PSDP) had been completed and that the coalition partners had reached an understanding on development allocations.

The minister said that the federal government would allocate a larger share of development funds to smaller provinces in the upcoming fiscal year, with the highest allocation earmarked for Balochistan, followed by Sindh and Khyber Pakhtunkhwa, while Punjab would receive the lowest federal development allocation.

He also said the federal government plans to launch the Sukkur-Hyderabad Motorway during the next fiscal year and will allocate funds for the K-IV Water Project in the upcoming budget.

Copyright Business Recorder, 2026