Rashid Langrial commends officials for crafting a growth-oriented budget through extensive coordination and stakeholder engagement
ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial and Finance Secretary Imdad Ullah Bosal hosted a luncheon on Monday to honour the core team responsible for preparing the Federal Budget 2026-27, praising officials for successfully delivering a complex, growth-oriented and people-centric budget.
The event was attended by FBR board members and senior officials from the Ministry of Finance and the Federal Board of Revenue, recognising the collaborative effort behind the formulation of the country’s fiscal plan for the upcoming year.
Addressing the gathering, FBR Chairman Rashid Mahmood Langrial commended the team for its professionalism, dedication and hard work throughout the budget preparation process. He said the budget was designed to promote economic growth while providing relief to citizens and supporting the government’s broader reform agenda.
Langrial noted that the budget-making exercise involved extensive consultations with a wide range of stakeholders, including revenue authorities, the Tax Policy Office (TPO), various federal ministries, parliamentary standing committees and provincial governments.
Despite the complexity of the process and the numerous consultations involved, he said the budget was prepared and finalised smoothly, with all major policy measures envisioned by the government successfully incorporated into the final document.
He particularly appreciated the close coordination between the FBR and the Tax Policy Office, describing the partnership as highly effective throughout the budget cycle.
Finance Secretary Imdad Ullah Bosal also congratulated members of the budget team, describing the Federal Budget 2026-27 as both people-centric and growth-oriented. He emphasised that successful budget preparation requires not only sound policy formulation but also strong coordination among institutions working towards common economic objectives.
During the ceremony, senior officials acknowledged the contributions of several officers who played key roles in shaping the budget.
Member Strategic Transformation Dr Hamid Ateeq Sarwar was recognised for leading the overall budget process and representing the government’s position during negotiations with the International Monetary Fund (IMF), as well as engagements with Senate and National Assembly standing committees and other stakeholders.
Director General Tax Policy Office Dr Najeeb Memon received appreciation for advocating relief measures within the framework of Pakistan’s IMF commitments and for supporting policies aimed at promoting economic growth and public welfare.
Member Customs Policy Ashad Jawad was commended for managing negotiations on customs-related measures, while Member Administration Muhammad Iqbal Khan was recognised for ensuring smooth logistical arrangements, including the printing and timely distribution of budget documents.
TPO Directors Ajaz Hussain and Chaudhry Munir Ahmed were praised for their professionalism and dedication throughout the budget preparation process.
Project Director Tax Data Unit Dr Najeebullah was acknowledged for his technical expertise, analytical contributions and commitment during the budget exercise.
Special Assistant to Member Strategic Transformation Dr Zehra Farooq received recognition for her research work, policy briefs and technical support, while Special Assistant to Member Policy Ali Abbas was commended for drafting legislative proposals and coordinating contributions from various departments into a comprehensive Finance Bill.
Officials said the luncheon reflected the government’s appreciation for the technical expertise, coordination and commitment demonstrated by the budget team in formulating the Federal Budget 2026-27, one of the country’s most important policy documents guiding economic management and fiscal strategy for the coming year.
