Federal budget 2026-27 likely to be presented on June 12

ISLAMABAD: Federal government is considering a change in the announced date for the 2026–27 budget, with consultations underway to present it on June 12 instead of June 10, according to sources.

Officials said a final decision on the revised budget date is expected within a day or two.

Federal Minister Ahsan Iqbal confirmed in informal talks with journalists in Parliament that several budget matters are still under discussion and have not yet been finalized.

He said discussions were ongoing due to limited time and the upcoming month of Muharram, adding that adjustments in scheduling may be required.

Iqbal said talks between the government and coalition partner Pakistan Peoples Party over the Public Sector Development Programme (PSDP) had been completed, and an understanding had been reached on development funding matters.

He added that under the proposed allocations, the federal government will prioritize development spending in smaller provinces.

According to him, Balochistan would receive the highest share of development funds, followed by Sindh, then Khyber Pakhtunkhwa, while Punjab would receive the lowest allocation.

He said billions of rupees have been allocated for key projects, including motorways and water infrastructure initiatives, with further details to be announced in the upcoming budget.