After several delays, the meeting of the National Economic Council (NEC), chaired by Prime Minister Muhammad Shehbaz Sharif, commenced on Wednesday.
The NEC is Pakistan’s highest constitutional forum for economic planning and coordination between the federal and provincial governments.
Chief Ministers of all provinces are participating in the meeting. During the meeting, economic targets and the annual development plan will be discussed.
Earlier, the meeting of the National Economic Council (NEC), originally scheduled for May 22, was postponed and rescheduled for June 3. However, it was postponed again and rescheduled for June 8, 2026.
Earlier, Business Recorder reported that the 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 were yet to be finalised, prompting discussions on revising the budget presentation schedule.
Meanwhile, Parliamentary Affairs Minister Tariq Fazal Chaudhry said the government is ‘likely’ to announce the federal budget for the fiscal year 2026-27 in the parliament on June 12 (Friday).
In a post on the social media platform X, the minister shared that summaries for convening budget sessions in the National Assembly and the Senate on June 10 had been sent.