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Tag: budget support

Pakistan Budget 2025-26

Pakistan increases defence budget to Rs2.56 trillion for FY2025-26

June 11, 2025June 11, 2025Mrs. Anjum Shahnawaz

Pakistan has announced a significant increase in its defence budget, allocating Rs2.56 trillion for the fiscal year 2025–26. This marks a 20.2% rise compared to last year’s allocation and underlines the government’s ongoing emphasis on national security. The new budget represents 14.49% of the total national budget outlay of Rs17.65 trillion.

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finance ministry

Asian Bank approves $1 billion to support Pakistan’s economy

December 6, 2019June 19, 2024Mrs. Anjum Shahnawaz

MANILA, PHILIPPINES: The Asian Development Bank (ADB) on Friday approved $1 billion in immediate budget support to Pakistan to shore up the country’s public finances and help strengthen a slowing economy, a statement said.

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  • Pakistan unveils post-2027 strategy for Riba-free financial system
  • FBR raises withholding tax on various services to 7%
  • Revised salary tax rates implemented from July 1, 2026
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