- Coalition leaders meet in Islamabad for budget discussions: sources.
- PML-N, PPP leaders “reach broad agreement” on budget proposals.
- Technical committees will continue talks on remaining fiscal points.
ISLAMABAD: The Pakistan Peoples Party has assured the federal government led by PML-N of its supporting in passing the federal budget, said sources after the top leadership of the two main ruling allies held a meeting in Islamabad on Monday.
A high-level consultative meeting held between PPP delegation led by President Asif Ali Zardari and Prime Minister Shehbaz Sharif wherein key budgetary and political matters were discussed, as per insiders.
PM Shehbaz was accompanied by Deputy Prime Minister and Foreign Minister Senator Ishaq Dar, federal ministers, and senior officials from the Ministry of Finance.
PPP Chairman Bilawal Bhutto-Zardari and members of the party’s budget committee also attended meeting alongside President Zardari.
The sources said both sides reached broad agreement on most federal budget proposals, while technical committees will continue consultations on a few remaining workable points to finalise the fiscal framework.
The federal government had announced that the budget for fiscal year 2026–27 will now be presented on June 10, after being rescheduled from June 5 due to objections raised by coalition partners.
The delay followed opposition from allies over certain proposed amendments, as the government sought to complete key legislation ahead of the budget session, parliamentary sources told Geo News last week.
The sources further said the proposed laws carry significant implications for the upcoming budget, which faced reservations from the PPP, a key coalition partner.
To resolve the deadlock, senior political figures were tasked with engaging the PPP leadership, according to sources.
They added that another coalition partner, the Muttahida Qaumi Movement-Pakistan (MQM-P), has also tied its support to certain conditions for the federal budget, with leader Farooq Sattar linking approval to the reappointment of Kamran Tessori as governor of Sindh.
Last week, Finance Minister Muhammad Aurangzeb told Geo News that the government was actively working to build consensus among coalition partners, describing ongoing discussions as “positive”.
He said the budget process was being carried out in coordination with the International Monetary Fund (IMF), allied parties, and other stakeholders, with a focus on improving tax administration through enforcement measures and widening the tax base.
He further said efforts were underway to ensure that no new taxes are imposed, as the government seeks to balance fiscal consolidation with political consensus and economic stability.
