ISLAMABAD: Finance Minister Muhammad Aurangzeb is unveiling the federal budget for fiscal year 2025-26 in the National Assembly today.
The budget session is being held under the chairmanship of NA Speaker Ayaz Sadiq.
Aurangzeb said he was honoured to present second budget for the incumbent government. He thanked Prime Minister Shehbaz Sharif, Bilawal Bhutto-Zardari, Khalid Maqbool Siddiqui and others for their support in the budget.
Speaking on the NA floor, the finance minister said the federal budget being presented at an “extremely important and historic moment,” while praising national unity during recent tensions with India.
“This budget comes at a pivotal time for our nation’s future,” he said, commending the country’s military and political leadership for their “successful handling of recent war-like situation” with India.
“The entire nation demonstrated remarkable unity during the recent Pakistan-India conflict,” Aurangzeb said, extending congratulations to both military and civilian leadership for their “victorious response.”
A day earlier, the finance minister launched the Pakistan Economic Survey 2024-2025, a pre-budget document that contains details of major socio-economic achievements during the outgoing fiscal year.
Addressing a press conference, he revealed that the country’s GDP grew by 2.7% with inflation clocking in at 4.6% in the outgoing fiscal year.
Aurangzeb noted that Pakistan’s economic recovery, which began after fiscal year 2023, gained momentum in FY 2024 and showed signs of consolidation in FY 2025, indicating a shift towards sustained stability and GDP growth.
This is a developing story and is being updated with further details
