Pakistan Budget for FY 2026-27

[ghazi52]

Budget 2026-27: Federal excise duty introduced on imported vehicles​

Finance minister says existing concessions for electric motorcycles, rickshaws and buses will remain in place

Web Desk
June 12, 2026

Finance Minister Muhammad Aurangzeb on Friday said that the government had decided to impose federal excise duty (FED) on imported vehicles while presenting the 2026–27 Federal Budget in the National Assembly.

During his budget speech, Aurangzeb said that sports utility vehicles with engine capacities between 2,000cc and 3,000cc would now be subject to FED.

“Excise duty will also be increased on vehicles with engines above 3,000cc,” the minister said, adding that electric vehicles priced over Rs20 million would also be subject to FED.

He noted that the new auto policy was currently under review by a committee formed by Prime Minister Shehbaz Sharif.

The minister clarified that the existing concessions for electric motorcycles, rickshaws and buses would remain in place. For imported electric trucks, a 1% sales tax relief had been proposed.

 

[ghazi52]

 

[ghazi52]

'Budget lacks export push, growth strategy'​

OICCI warns informal cash economy surges 33%; BMG terms budget 'neither good nor bad'

Our Correspondent
June 13, 2026

'Budget lacks export push, growth strategy'

---

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has welcomed parts of the Federal Budget 2026-27 but raised serious concerns over the expanding informal economy and policy gaps, while other business bodies criticised the lack of a clear export-led growth strategy.

Presenting the budget in the National Assembly, Finance Minister Muhammad Aurangzeb announced total federal expenditure of Rs18,771 billion and set an economic growth target of 4%, describing the budget as anchored in "stabilisation, reform and growth".

OICCI acknowledged the budget as one "showing restraint, some structural ambition and meaningful forward movement" under fiscal pressure and International Monetary Fund (IMF) commitments. It noted that the Federal Board of Revenue's (FBR) collection of Rs13 trillion is a milestone worth acknowledging.

However, the chamber stated plainly that, "most of it was collected from those who were already paying" – organised businesses, formal sector companies and salaried taxpayers. Meanwhile, the informal cash economy has grown from Rs9 trillion last year to Rs12 trillion this year, a 33% surge in a single year.

 

[SoulSpokesman]

@RealNapster

Nappy bro,

With Muddijee building dams on Pakistani rivers, even grass will be hard to come by.

Regards

 

[Pakistan Space Agency]

I just see that imran khan left at 6% GDP growth while even 4 years after his government ended, you are still struggling to get to even 4% mark. Ofcourse that inexperienced 6% growth was bad and this growth of 3.7% by experienced team is better then that. Its just that we dont know it's true bemefits and the difference between them both.

And please dont tell me that 6% figure was inflated by PTI government. Because that number was released like 2-3 months after his government ended (during PDM government).

Pakistan's Nominal GDP - PML-N

Year​	Nominal GDP​
2013​	$258.674 billion​
2018​	$356.163 billion​
Growth​	$97.489 billion​

Pakistan's Nominal GDP - PTI

Year​	Nominal GDP​
2018​	$356.163 billion​
2022​	$374.85 billion​
Growth​	$18.687 billion​

Source: IMF World Economic Outlook - October 2024

Pakistan's Nominal GDP - PDM/PML-N

Year​	Nominal GDP​
2022​	$374.85 billion​
2026​	$454.97 billion​
Growth​	$80.12 billion​

Source: Pakistan Economic Survey Report - June 2026

PTI Shaikh Chillis keep telling us that the economy grew by 6% during the last year of incompetent PTI's tenure but they keep forgetting to tell us how much the nominal GDP had shrunk for two years straight prior to that.

Pakistan's Nominal GDP - 2018-2022

Year​	Nominal GDP​	Change​	Comment​
2018​	$356.163 billion​	N//A​	N/A​
2019​	$321.07 billion​	- $35.092 billion​	Decline​
2020​	$300.41 billion​	- $20.661 billion​	Decline​
2021​	$348.481 billion​	$48.071 billion​	Growth​
2022​	$374.85 billion​	$26.369 billion​	Growth​

Source: IMF World Economic Outlook - October 2024

FYI - If I exclude 2022, then the nominal GDP under incompetent PTI had shrunk by $7.682 billion to what it was in 2018.

So, if you walk 7 feet back, then move 6 feet forward, you're still 1 foot behind. Saying, you had advanced 6 feet but ignore retreating 7 feet in the first place is disingenuous.

Now, you may want to do some Crona Rona Dhona but here's bit of fun for you.

Morgan Stanley Capital International (MSCI)

Year​	Status​	Comment​
1994​	Emerging Market​	Added​
2008​	Frontier Market​	Downgraded​
2017​	Emerging Market​	Upgraded​
2021​	Frontier Market​	Downgraded​

Source: Google

More fun for PTI Shaikh Chillis.

 

[Pakistan Space Agency]

We are in a catastrophe, not heading towards it

Nah. Only confused PTI Shaikh Chillis are in a constant catastrophe.

 

[Sainthood 2.0]

Fake growth ? The numbers were not even PTIs.. but let's leave it.

I am not here to change minds or to further the cause

Nothing to do with faking the numbers per SE but what it led to afterwards
I'm not a fan of nooni toons economics either that's why I didn't even wanna talk about it as that's well documented so just leave it ig

 

[RealNapster]

Pakistan's Nominal GDP - PML-N

Year​	Nominal GDP​
2013​	$258.674 billion​
2018​	$356.163 billion​
Growth​	$97.489 billion​

Pakistan's Nominal GDP - PTI

Year​	Nominal GDP​
2018​	$356.163 billion​
2022​	$374.85 billion​
Growth​	$18.687 billion​

Source: IMF World Economic Outlook - October 2024

Pakistan's Nominal GDP - PDM/PML-N

Year​	Nominal GDP​
2022​	$374.85 billion​
2026​	$454.97 billion​
Growth​	$80.12 billion​

Source: Pakistan Economic Survey Report - June 2026

PTI Shaikh Chillis keep telling us that the economy grew by 6% during the last year of incompetent PTI's tenure but they keep forgetting to tell us how much the nominal GDP had shrunk for two years straight prior to that.

Pakistan's Nominal GDP - 2018-2022

Year​	Nominal GDP​	Change​	Comment​
2018​	$356.163 billion​	N//A​	N/A​
2019​	$321.07 billion​	- $35.092 billion​	Decline​
2020​	$300.41 billion​	- $20.661 billion​	Decline​
2021​	$348.481 billion​	$48.071 billion​	Growth​
2022​	$374.85 billion​	$26.369 billion​	Growth​

Source: IMF World Economic Outlook - October 2024

FYI - If I exclude 2022, then the nominal GDP under incompetent PTI had shrunk by $7.682 billion to what it was in 2018.

So, if you walk 7 feet back, then move 6 feet forward, you're still 1 foot behind. Saying, you had advanced 6 feet but ignore retreating 7 feet in the first place is disingenuous.

Now, you may want to do some Crona Rona Dhona but here's bit of fun for you.

Morgan Stanley Capital International (MSCI)

Year​	Status​	Comment​
1994​	Emerging Market​	Added​
2008​	Frontier Market​	Downgraded​
2017​	Emerging Market​	Upgraded​
2021​	Frontier Market​	Downgraded​

Source: Google

More fun for PTI Shaikh Chillis.

View attachment 201692

Okay, I ask a very simple question and to this i need a very short and simple answer.

Why did Pakistan economy shrank in 2019 and 2020 ? And in the same period how global economic powers were performing ?

And why did it shrank again in 2023 after having 6%+ Growth rate the previous year ?

 

[Pakistan Space Agency]

Okay, I ask a very simple question and to this i need a very short and simple answer.

Brother, you've asked three questions.

Why did Pakistan economy shrank in 2019 and 2020 ?

Incompetence obviously:

Financial Year 2018-2019 (3.1%)
Financial Year 2019-2020 (-1.27%)

(7 steps back, 6 steps forward - lets look at the forward steps only theory ).

And in the same period how global economic powers were performing ?

Tell us what happened in FY 2018-19 and FY 2019-20.

And why did it shrank again in 2023 after having 6%+ Growth rate the previous year ?

And why did it shrank again in 2019 after having 6.1% Growth rate the previous year ?

Calendar Year
2018: 6.1%
2019: 3.1%

Financial Year
2017-2018: 5.2%
2018-2019: 1.9%

Here's the confusion with which most PTI Shaikh Chillis struggle with or are unaware of.

Pakistan rebased it's GDP in January 2022.

The growth rate figures were looking quite pathetic for the PTI tenure. After rebasing, it was hoped the figures wouldn't look that bad but it only worked for financial year 2021-2022 (due to $92.32 billion worth of imports ).

However, rebasing had also upped all the growth rate figures for the PML-N tenure where for example, the financial year 2017-2018's growth rate had jumped from 5.2% to 6.1%.

For whatever reason, the disengenous PTI Shaikh Chillis are only interested in the growth rate figure of 6.2% for the FY 2021-2022 but don't want to mention the growth rate figure of 6.1% in 2017-2018.

 

[313Ghazi]

Nah. Only confused PTI Shaikh Chillis are in a constant catastrophe.

 

[RocketLaw]

Any Budget for Extreme Poverty in Pakistan ?

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.

Accept third party cookies

 

[RocketLaw]

2000 to 2026 - screenshots






2030 - Pakistan's poverty level will reach to 100-120 millions?