Karachi, January 4, 2025 – The Sindh government has announced the timeline for presenting the provincial budget for the fiscal year 2025-26. The budget is expected to be presented in the provincial assembly in the first or second week of June 2025, as per the budget calendar released by the government.
The comprehensive budget calendar outlines several key milestones for the preparation of the budget. By January 10, 2025, the Sindh government will issue a draft budget strategy paper and establish indicative budget ceilings for both recurrent and development expenditures.
Key activities are planned for February 10, 2025, including the submission of regular receipts estimates for 2025-26 and the medium-term budgetary framework (MTBF) receipts forecast for 2025-26 to 2027-28. Additionally, the same date has been designated for identifying potential sectors for taxation, reviewing existing taxes and fees, and submitting regular expenditure estimates for the upcoming fiscal year.
By March 4, 2025, the first edition of the Annual Development Plan (ADP) for 2025-26, including printed and soft copies, will be submitted. The Sindh government plans to review collection, receipts, and recoveries by March 31, 2025, while finalizing the MTBF for 2025-26 to 2027-28 during the same period.
To ensure efficient revenue generation, relevant departments have been tasked with finalizing new taxation proposals and reviewing existing tax structures and fees by April 29, 2025. This step aims to identify opportunities for expanding the provincial tax base and optimizing revenue streams.
The Annual Development Plan for 2025-26 will be presented to the provincial cabinet in the third or fourth week of May 2025. By May 29, 2025, all budget documents and summaries are expected to be finalized and prepared for submission to the cabinet.
This strategic timeline reflects the Sindh government’s commitment to ensuring a transparent, efficient, and well-planned budget process. By adhering to the outlined schedule, the government aims to address the province’s developmental priorities, strengthen fiscal discipline, and enhance public service delivery for the upcoming fiscal year.