ISLAMABAD — Minister of State for Finance and Railways Bilal Azhar Kiyani announced the federal budget for the fiscal year 2026-27 this Wednesday. The budget is crafted to provide relief and support public welfare, positively impacting various sectors and demographics.
Main Targets of the Budget
The budget specifically aims to support:
- Working-class individuals
- Industry and exporters
- The construction sector
- Women and youth
- Low-income segments
In addition to these targets, the plan seeks to broaden the tax base for sustainable economic growth.
Driving Economic Growth and Expanding Taxes
Kiyani emphasized the government’s commitment to introducing measures that facilitate industrial growth and uplift various sectors. By broadening the tax base, the government intends to enhance revenue generation without burdening existing taxpayers further. This approach aims to cultivate a more inclusive economic environment.
Promoting Economic Resilience
The budget presentation outlines a strategic plan to enhance economic resilience. It focuses on crucial sectors, such as construction and exports, which are vital for national development. Supporting diverse groups underscores the government’s dedication to equitable growth and social welfare.
