National Assembly and Senate sessions summoned as government prepares to unveil Budget 2026-27.
The federal government is set to present the Budget 2026-27 on June 5 after Asif Ali Zardari summoned separate sessions of the National Assembly and Senate on the same day.
According to a statement issued by the President House, the National Assembly of Pakistan will meet at 5:00 p.m., followed by a session of the Senate of Pakistan at 6:00 p.m. in Islamabad to undertake proceedings related to the upcoming federal budget.
The budget sessions were initially expected to be held on June 1. However, the schedule was revised due to the absence of more than 60 parliamentarians who traveled to Saudi Arabia to perform Hajj.
Media reports indicated that the lawmakers are expected to return during the first week of June, prompting the government to postpone the budget presentation.
Sources also suggested that the schedule could be adjusted again if proposed diplomatic talks between Iran and the United States take place in Islamabad during the same period.
The government aims to complete parliamentary debate and secure approval of the budget proposals by June 24, allowing sufficient time for legislative formalities before the start of the next fiscal year.
Under constitutional requirements, the federal budget must be approved by Parliament before June 30 to take effect from July 1, 2026, marking the beginning of the new financial year.
The upcoming budget is expected to outline the government’s fiscal strategy, taxation measures, revenue targets and expenditure plans for the 2026-27 fiscal year amid ongoing economic reforms and commitments under Pakistan’s program with the International Monetary Fund.
