Pakistan Budget for FY 2026-27

[Blueishere]

Yes, that's what they're doing. For the first time I have great hope.

We are not under sanctions, our enemies have been contained on their side of the borders, there's no squabbling between the military and the civilian rulers, and the world is rediscovering Pakistan.

We have $40 billion in exports and $40 billion in remittances. That's $80 billion coming to Pakistan annually. The economy has stabilised and 650 reforms were carried out last year.

Things can only get better Insha'Allah.

Ok, can you explain the reasoning for bringing down the education spending? And also the government says it wants a "export" economy but we don't see investment into those sectors, why is that? I also read through these reforms and none of them are substantially beneficial to the country at large.(the link u sent)

 

[Blueishere]

Indian states collect more taxes and transfer some of it to Delhi if Im not wrong. So rich states per capita budget is higher.

See the poorest states get least budget per capita budget in India.

State	Total Budget (FY 24-25)	Est. Population (2024)	Per Capita Budget
Punjab	₹2.04 Lakh Cr	~3.1 Crore	~₹65,800
Maharashtra	₹6.00 Lakh Cr	~13.0 Crore	~₹46,100
Tamil Nadu	₹3.48 Lakh Cr	~7.7 Crore	~₹45,100
Uttar Pradesh	₹7.36 Lakh Cr	~24.0 Crore	~₹30,600
Bihar	₹2.78 Lakh Cr	~13.0 Crore	~₹21,300

Meanwhile Pakistan where 95% of tax is collected by federal govt is other way around. Punjab per capita budget is least after 7th NFC award.

Province / Territory	Total Budget (FY 24-25)	Population (2023 Census)	Per Capita Budget
Gilgit-Baltistan	Rs. 140.1 Billion	~1.71 Million	~Rs. 82,000
Balochistan	Rs. 955.6 Billion	~14.89 Million	~Rs. 64,100
Sindh	Rs. 3.05 Trillion	~55.69 Million	~Rs. 54,800
AJK	Rs. 224 Billion	~4.33 Million	~Rs. 51,600
Khyber Pakhtunkhwa	Rs. 1.75 Trillion	~40.85 Million	~Rs. 42,900
Punjab	Rs. 5.44 Trillion	~127.68 Million	~Rs. 42,600

Bihar/UP would love Pakistan like NFC.

Problem with Pakistan NFC is our debt has 10x in the last decade because all the funds go to provinces and central has to borrow. Also no local civil governance and incentive for provinces to perform or allocate funds better.

 

[Pakistan Space Agency]

Ok, can you explain the reasoning for bringing down the education spending?

Brother, you're expecting the minutes from the cabinets meeting and I don't have that details.

Everything is done on priority basis as per my humble understanding.

And also the government says it wants a "export" economy but we don't see investment into those sectors, why is that?

This is only the second year of the PML-N tenure. We don't have the data for the full second year yet, only 11 months for the Goods Exports and 10 months for the Services Exports. We won't have accurate information until middle of July.

Anyway, combined exports target is $60 billion by 2030. Let's see if they can achieve an increase of $20 billion in the next 4 years.

Government	Gov. Year	Financial Year	Combined Exports (Goods + Services)
PDM	Year-01	2022-2023	$35.33 billion
PDM /Caretaker / PML-N	Year-02	2023-2024	$38.45 billion
PML-N	Year-01	2024-2025	$40.44 billion
PML-N	Year-02	2025-2026	$36.16 billion (11 and 10 months data)
PML-N	Year 03	2026-2027	TBC
PML-N	Year-04	2027-2028	TBC
PML-N	Year-05	2028-2029	TBC

I also read through these reforms and none of them are substantially beneficial to the country at large.(the link u sent)

What are reforms? Pakistan needs thousands of more reforms.

It took China 30-years of reforms with a one party system.

 

[ghazi52]

 

[c14-Isotope]

Surplus is province money which they dont spend but keep in bank accounts to earn interest.

Now FBR tax collection target is 15 trillion but provinces will only get share from first 13 trillion. Anything above it, federal will keep it as grant.


View attachment 201885

Surplus is not kept in bank accounts but returned back to centre

Provinces deliver Rs1.2 trillion to Centre as revenues slip

Punjab leads with Rs609bn cash surplus, followed by Sindh’s Rs354bn.

www.dawn.com

If the IMF dictated surplus requirements remain, and additionally provinces are giving grants back to federal government... then it only means that the snake has started eating its tail.

 

[hydrabadi_arab]

Surplus is not kept in bank accounts but returned back to centre

Provinces deliver Rs1.2 trillion to Centre as revenues slip

Punjab leads with Rs609bn cash surplus, followed by Sindh’s Rs354bn.

www.dawn.com

If the IMF dictated surplus requirements remain, and additionally provinces are giving grants back to federal government... then it only means that the snake has started eating its tail.

Surplus is provinces money. Now with new deal provinces will give federal government "grant", any tax collected above 13 trillion will be kept by federal and not shared with provinces. This is for 3 years, not permanent.

 

[hydrabadi_arab]

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Rest of the world work on exports, meanwhile Pakistan depend on remittances.

 

[ghazi52]

Balochistan unveils Rs1089 billion budget for FY 2026-27​

• Allocates Rs206 billion for development, Rs797 billion for non-development expenditures

June 17, 2026
By APP
BRecorder

The Balochistan government has unveiled a total budget outlay of Rs. 1089 billion for the fiscal year 2026-27.

Provincial Finance Minister Mir Shoaib Nosherwani presented the budget in the Balochistan Assembly, outlining allocations aimed at balancing development priorities with fiscal discipline.

Presenting the budget Mir Shoaib Nosherwani said that the development budget has been set at Rs. 206 billion, including Rs. 106 billion for new schemes and Rs. 100 billion for the completion of ongoing projects. In addition, the province will benefit from Rs. 45 billion in federal development grants and Rs. 40 billion through foreign project assistance, which are separate from the provincial development program.

Shoaib Nosherwani announced the creation of 5,000 new jobs in the provincial budget for the fiscal year 2026-27, aimed at expanding employment opportunities for youth across the province.

 

[ghazi52]

Punjab cabinet approves FY27 budget​

June 17, 2026
By Muhammad Saleem
BRecorder

LAHORE: Punjab cabinet, which met here on Tuesday with Chief Minister Maryam Nawaz Sharif in the chair, approved the budget for the Fiscal Year 2026-27.

Addressing the cabinet meeting, the chief minister thanked Almighty Allah for the opportunity to present her third provincial budget.

“Punjab had contributed the highest share to the federal government for defence and other expenditures. Despite receiving a reduced share under the Federal Finance Commission (FFC) award, the provincial government remained determined to provide relief to the people through its own resources,” she said.

Maryam Nawaz said she had continued to participate in meetings through video link even during illness to fulfill her commitment to public welfare and relief measures.

“The journey of public service and relief will continue as before,” she said, adding that there would be no compromise on the development and progress of the people of Punjab.

 

[ghazi52]

CM Murad unveils Rs3.56tr Sindh budget, raises salaries and minimum wage​

Opposition and MQM-P lawmakers protest as the chief minister begins his budget speech

Saleem Jhandir
June 17, 2026

SCREENGRAB

KARACHI: Sindh Chief Minister Murad Ali Shah on Wednesday presented the province’s Rs3.562 trillion budget for the 2026-27 financial year amid protests and noisy scenes from opposition lawmakers in the provincial assembly.

The session was chaired by Sindh Assembly Speaker Awais Qadir Shah. Opposition and Muttahida Qaumi Movement Pakistan (MQM-P) lawmakers protested as the chief minister began his budget speech, demanding an opportunity to address the house.

The speaker told the protesting members that they could stage a walkout if they did not wish to listen to the speech, but otherwise should return to their seats and participate in the budget proceedings.

He added that the entire nation was watching the proceedings and that lawmakers must play a responsible role in promoting public welfare.

Opening his budget speech, CM Murad said presenting his 11th consecutive budget was both an honour and a major responsibility.

The chief minister further announced that the agricultural super tax rate had been reduced from 10% to 8%, while social protection initiatives included the Kitchen Garden Programme, Benazir Hari Card and Benazir Women Agricultural Workers Programme.

 

[Pakistan Space Agency]

View attachment 202059

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Rest of the world work on exports, meanwhile Pakistan depend on remittances.

India is in its third year facing Balance of Payment. It's surviving on its foreign reserves and remittances.

 

[hydrabadi_arab]

India is in its third year facing Balance of Payment. It's surviving on its foreign reserves.

India exports make up 23% of their GDP vs 9% for Pakistan.

 

[Blueishere]

Balochistan unveils Rs1089 billion budget for FY 2026-27​

• Allocates Rs206 billion for development, Rs797 billion for non-development expenditures

June 17, 2026
By APP
BRecorder

The Balochistan government has unveiled a total budget outlay of Rs. 1089 billion for the fiscal year 2026-27.

Provincial Finance Minister Mir Shoaib Nosherwani presented the budget in the Balochistan Assembly, outlining allocations aimed at balancing development priorities with fiscal discipline.

Presenting the budget Mir Shoaib Nosherwani said that the development budget has been set at Rs. 206 billion, including Rs. 106 billion for new schemes and Rs. 100 billion for the completion of ongoing projects. In addition, the province will benefit from Rs. 45 billion in federal development grants and Rs. 40 billion through foreign project assistance, which are separate from the provincial development program.

Shoaib Nosherwani announced the creation of 5,000 new jobs in the provincial budget for the fiscal year 2026-27, aimed at expanding employment opportunities for youth across the province.

1 Trillion PKR and you produce 5,000 jobs?

 

[Pakistan Space Agency]

India exports make up 23% of their GDP vs 9% for Pakistan.

Still not enough for their size.