Business

The Multan Chamber of Commerce and Industry (MCCI) supports the new federal budget, citing its business-friendly initiatives aimed at economic revival and industrial growth. Impact of Economic Reforms MCCI highlights the substantial benefits these budget measures are expected to offer in terms of public relief. The organization insists on maintaining momentum in essential economic reforms to ensure ongoing development. Collaborative Efforts for Reform MCCI is committed to the continuation of reforms and plans to collaborate closely with the government. Their aim is to create a business environment that attracts increased investment and fosters growth. Strategies for Economic Progress MCCI officials assert that comprehensive efforts are vital for sustainable economic progress. They are focused on crafting policies that encourage economic growth and support industrial development.

RAWALPINDI — The Rawalpindi Chamber of Commerce and Industry (RCCI) evaluated the Federal Budget 2026-27. They described it as a combination of commendable measures and significant gaps. Tax Relief and Export Initiatives RCCI President Usman Shaukat praised the tax cuts for the salaried class. He also welcomed tax relief for the IT sector to boost exports and employment. Shaukat commended the Rs. 88 billion allocation to the Export Finance Scheme but recommended increasing this amount to further enhance export levels. He noted the proposed removal of duties on life-saving medicines as a crucial public benefit. Strategies for Industrial Growth Sohail Altaf, RCCI Group Leader, acknowledged the budgetary initiatives but highlighted the absence of a comprehensive strategy for industrial growth and business facilitation. He supported the Fixed Tax Scheme. However, he expressed concerns about its potential implementation challenges. Altaf emphasized the necessity for export-led economic policies to achieve sustainable industrial growth. Support for Tax Schemes and Small Businesses Altaf supported eliminating the super tax and reducing the withholding tax. Yet, he criticized the budget for not adequately supporting small businesses. He stressed that expanding the tax base by adding new taxpayers is essential to increase revenue. Real Estate and Inflation Concerns Former RCCI President Raja Amer Iqbal approved of the incentives for the real estate sector, including property transaction relief. Nevertheless, RCCI leaders pointed out the budget’s failure to address inflation and the ambiguities in sales tax measures effectively.

LAHORE — The Lahore Chamber of Commerce and Industry (LCCI) has praised the Federal Budget for 2026-27. They describe it as balanced and promising, with optimism for enhanced economic stability. Positive measures and improved process documentation are expected to strengthen the nation’s economic frameworks. Strategies for Investment and Economic Growth The LCCI focuses on fostering economic growth driven by investments. They highlight industrial expansion and employment generation as crucial for advancing the country’s economic progress. These strategies anticipate creating a more dynamic economic environment. Support for Government Initiatives LCCI officials reiterated their support for government strategies aimed at sustainable economic growth. They emphasize the need for ongoing focus on key sectors vital for job creation and overall development. This backing shows their commitment to collaboratively enhancing the economy.

ISLAMABAD — The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has expressed approval of the Rs 18.7 trillion Federal Budget for 2026-27. The endorsement underscores the government’s commitment to macroeconomic stabilization, which is crucial for maintaining the country’s economic well-being. Emphasis on Financial Stability The FPCCI commends the budget’s focus on financial stability across Pakistan. The organization acknowledges the importance of these measures, applauding the government’s efforts to foster a stable financial environment. Promoting Sustainable Economic Growth The FPCCI encourages the government to prioritize sustainable economic and industrial growth. It stresses the need for robust policies aimed at long-term development to enhance the nation’s economic outlook. Balancing Stability and Growth The FPCCI emphasizes the vital balance that the budget strives to achieve between macroeconomic stability and economic development. This balance is essential to sustaining a prosperous industrial sector, ensuring prosperity for both current and future generations in Pakistan.

The Faisalabad Chamber of Commerce and Industry (FCCI) has welcomed the incentives introduced in the Federal Budget 2026-27. These initiatives aim to boost growth in real estate, industry, export, and business sectors. Economic Revival Support On Friday, FCCI President Farooq Yousaf Sheikh praised these incentives. He highlighted their significance for economic revival and enhancing investment growth. These measures are intended to broaden the tax base, thereby increasing revenue. Influence on Business Sectors Sheikh observed that the incentives could stimulate business activity. He recommended that government investments also focus on health and other essential social sectors to ensure balanced growth. Need for Strategic Fiscal Measures The FCCI’s positive feedback underscores the need for strategic fiscal measures. These are vital for reviving investment and boosting exports, which are key for sustained economic growth.

ISLAMABAD — The Hyderabad Chamber of Small Traders and Small Industry hosted an event for traders to watch the live broadcast of the Federal Budget 2026-27 session. Traders assembled in their office, eager to listen to the financial announcements on a television screen. Significance of the Federal Budget Session This annual budget session unveils the government’s financial strategies for the approaching fiscal year. It provides key insights into: fiscal policies financial allocations economic projections These insights heavily impact various sectors, with a pronounced effect on small businesses. Evaluation of Fiscal Policies The live broadcast allowed chamber members to assess the newly announced fiscal policies. Discussions were focused on how these policies might affect their business operations and the broader economic climate in the Hyderabad region.

PESHAWAR — The Federal Budget for 2026-27 introduces property relief measures widely welcomed by Khyber Pakhtunkhwa’s construction industry. Citizens, investors, and contractors are optimistic about the growth prospects these measures might bring to the region. Impact on Economic Growth These relief initiatives aim to strengthen the property sector and significantly boost economic activities. They focus on accelerating construction projects, which has been warmly embraced by industry players. As a result, increased investment and more job creation are anticipated. Government Initiatives and Industry Support Stakeholders have praised the government’s initiatives focused on spurring growth through these incentivized measures. These efforts are expected to tackle several challenges within the sector. Ultimately, this will enhance the sector’s contribution to the national economy.

ISLAMABAD — The essential National Assembly budget session has begun, with lawmakers assembling outside the Parliament House in Islamabad. This session focuses on the Federal Budget for the fiscal year 2026-27, addressing critical fiscal policies and budgetary allocations. Key Fiscal Policies The atmosphere is filled with anticipation as parliamentarians deliberate on vital decisions that will influence the nation’s financial direction. The Federal Budget will outline fiscal priorities, investment strategies, and economic reforms crucial for guiding the country’s economic future. Expenditure Plans and Economic Strategy The Federal Budget for 2026-27 will detail essential expenditure plans in alignment with the nation’s development strategy. These plans underscore the government’s policy decisions aimed at effectively tackling national economic challenges. Enhanced Security Measures Stringent security measures are implemented around Parliament House to ensure a secure environment for lawmakers and officials attending this important budgetary session.

ISLAMABAD — Members of Parliament gathered at Parliament House for the National Assembly session, focusing on the Federal Budget for the fiscal year 2026–27. This session plays a critical role in the government’s annual financial planning. Key Objectives of the Budget Session Lawmakers nationwide have convened to define the government’s financial priorities for the upcoming fiscal year. The session aims to tackle economic challenges and foster market growth. Outside the Parliament House, parliamentarians discussed these priorities prior to the highly anticipated budget speech. Interest from the Business Community The business community showed significant interest in the session’s outcome. Azhar Baloch, acting President of the Multan Chamber of Commerce and Industry, addressed the media following the budget speech. Impact on Commerce and Investment Baloch outlined the potential impact of new financial directives on commerce. He emphasized that policy shifts might alter business perspectives and open new investment opportunities.

MULTAN — Azhar Baloch, Acting President of the Multan Chamber of Commerce and Industry, addressed the media with insights into the Federal Budget 2026-27. He conveyed the business community’s perspectives on the new fiscal policies. Economic Growth and Stability Baloch highlighted the budget’s pivotal role in fostering economic growth and stability. He stressed the need for policies that support industrial development and enhance regional competitiveness. Impact on Businesses Discussing the budget’s implications for businesses in Multan and beyond, Baloch urged the government to introduce policies that drive industrial growth. Such measures could positively impact various economic sectors. Trade and Investment Opportunities Baloch’s remarks came as the budget was presented to the National Assembly, drawing nationwide attention. He suggested that strategic fiscal measures could greatly enhance trade and investment opportunities, benefiting both local and national economies.