ISLAMABAD, June 10, 2025 – Pakistan is set to unveil the Federal Budget 2025–26 this evening in the National Assembly, with an estimated total outlay of Rs17.6 trillion.
The budget will be formally presented by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, marking his second budget speech in parliament.
The highly anticipated federal budget outlines a roadmap for the country’s financial management for the upcoming fiscal year. Along with the main budget document, Senator Aurangzeb will also present the Finance Bill 2025 in the Senate, fulfilling constitutional requirements under Article 73.
According to official sources, the government is projecting gross federal revenues to reach a record Rs19.4 trillion—an increase of Rs1.6 trillion over the previous year. The tax revenue target has been set at Rs14,130 billion, with the breakdown including Rs6,450 billion from direct taxes, Rs4,900 billion from sales tax, Rs1,150 billion from excise duties, and Rs1,740 billion from Customs duties. Additionally, the government expects to collect Rs1,311 billion through the petroleum levy.
Non-tax revenues are expected to contribute Rs4,000 billion, while a provincial surplus of Rs1,200 billion is also projected. These figures form the backbone of the federal budget, which aims to balance fiscal discipline with relief measures and targeted development spending.
The National Assembly Secretariat has released a detailed schedule for the discussion and approval of the Federal Budget 2025–26. Following its presentation on June 10, the House will remain in recess on June 11 and 12. The general debate on the budget will begin on June 13 and continue until June 21, allowing all parliamentary parties ample time for participation under Speaker Sardar Ayaz Sadiq’s guidance.
No session will be held on June 22. On June 23, the Assembly will focus on charged expenditures. The next two days, June 24 and 25, will involve discussions and voting on Demands for Grants and Cut Motions. The Finance Bill 2025 is scheduled for approval on June 26, with supplementary grants and related matters to be taken up on June 27.
This federal budget is expected to include a mix of fiscal reforms, inflation relief, and development incentives, reflecting the government’s attempt to stabilize the economy while addressing public concerns.