The Speaker of the National Assembly (NA), Ayaz Sadiq, has approved the federal budget schedule, confirming that the budget’s presentation will take place on Tuesday, June 10. According to details shared by the NA Secretariat, the assembly will not meet on June 11 or 12, giving lawmakers time to go through the proposed budget.

 

Reports reveal that Khurram Schehzad, adviser to the finance minister, announced that the Pakistan Economic Survey will come out on Monday, June 9. Following the release of the survey, a full debate on the budget will start in the NA from June 13. Reports indicate that parties represented in the assembly will be allotted time according to the rules to present their viewpoints and concerns during the discussion.

 

According to the NA Secretariat's statement issued on Sunday, the debate will continue until June 21, with no session on June 22, and will reconvene on June 23 to review the necessary expenditures for the fiscal year 2025–26. Reports suggest that votes and debates on proposed cuts and grants will be held on June 24 and 25.

 

The Finance Bill will reportedly reach its final stage on June 26, with discussions and a vote. The assembly will then move on to other matters, on June 27, going over matters including “supplementary grants”. Any alterations to this timetable, however, will only be allowed if permitted by the speaker himself.

 

Prime Minister Shehbaz Sharif has stated that his administration’s main objective in the budget is to offer relief to ordinary citizens. Alongside that, job opportunities, agricultural growth, housing, support for small and medium enterprises, and advancement in IT have been outlined as high-priority areas.

 

In similar budget-related developments, Planning Minister Ahsan Iqbal recently highlighted that the development budget would be around Rs1 trillion. He also gave a clear indication that the government may raise defence spending in the upcoming financial year.

 

Analysts will watch the budget sessions closely, as decisions made in the coming weeks will shape the macroeconomic landscape in the country. Latest data from the IMF suggests that government expenditure accounted for approximately 19.24 percent of GDP. If the federal government decides to boost expenditures in the upcoming budget, Pakistan’s GDP value will rise.