Pakistan Budget for FY 2026-27

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Construction sector: Govt to reduce duties on specialised vehicles and machinery​

• NTC should play its active role in the facilitation of investors and industrialists, says PM

June 4, 2026
BR

The government has decided to reduce customs duties on specialised vehicles and machinery to promote the construction sector.

Moreover, to provide facilities for the pharmaceutical sector, customs duty will be eliminated on raw materials, especially those used in cancer medicines.

The development came during a review meeting chaired by Prime Minister Shehbaz Sharif on the overall development of the national economy and implementation of the National Tariff Policy on Wednesday.

Addressing the meeting, the prime minister said that achieving export-based development goals is our top priority. The active and transparent performance of the National Tariff Commission (NTC) is essential for promoting the country’s industry, trade, and investment.

He said that the NTC should play its active role in the facilitation of investors and industrialists.

The PM further said that innovation should be brought to the NTC by adopting the best global practices and modern technology prevailing in the world, including information technology and artificial intelligence.

 

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Pakistan's tightrope walk: balancing IMF demands against economic survival​

• Economists, market experts expect fiscally conservative package aimed at meeting ambitious IMF targets

June 4, 2026

With Pakistan set to announce the federal budget for FY2026-27 next week, economists and market experts expect a fiscally conservative package aimed at meeting ambitious International Monetary Fund (IMF) targets while offering limited support for growth and inflation-weary households.

The budget comes as the country remains in a $7 billion the International Monetary Fund (IMF) bailout programme, which has helped the economy stabilise and recover.

On Tuesday, Senior Pakistan Muslim League-Nawaz (PML-N) leader and Member of the National Assembly (MNA), Tahira Aurangzeb, confirmed to Business Recorder that the federal budget, which was earlier scheduled to be announced on June 5 (Friday), would now be presented on June 10 (Wednesday).

 

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Talks with business tycoons on budget: PM outlines plans to spur industry, create jobs​

June 4, 2026
B Recorder

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday reaffirmed the government’s commitment to an export-led growth strategy, tax reforms and enhanced collaboration with the private sector, describing these measures as central to the country’s economic recovery and investor confidence.

Addressing business and policy priorities for the upcoming fiscal year 2026-27, Sharif outlined initiatives aimed at expanding industry, creating jobs, and modernising both physical infrastructure and digital systems.

The remarks were made during a high-level meeting with leading business tycoons, convened ahead of the federal budget for 2026-27 next week to discuss ongoing economic reforms and budgetary priorities.

 

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ISLAMABAD: The government is likely to introduce fiscal and policy incentives in the Federal Budget (2026-27) to strengthen waste collection, recycling infrastructure and circular economy initiatives from next fiscal year.

Sources told Business Recorder that the proposals are under consideration of the government for the upcoming Finance Bill 2026.

In this regard, Pakistan’s first multi-stakeholder packaging alliance, CoRe (Collect and Recycle), has urged the budget makers to finalise the proposals.