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Economics3h 23m ago

Pakistan has unveiled a growth-focused budget for FY2027 that combines tax relief for businesses, salaried individuals and the housing sector with efforts to maintain fiscal discipline.

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Pakistan

Who
Pakistan, Finance Minister Muhammad Aurangzeb, Prime Minister Shehbaz Sharif, International Monetary Fund (IMF), Ahfaz Mustafa
What
Pakistan has unveiled a growth-focused budget for FY2027 that combines tax relief for businesses, salaried individuals and the housing sector with efforts to maintain fiscal discipline.
When
Fri, 12 Jun 2026 16:57:40 GMT · 3h 23m ago
Where
Pakistan ·
Why
The budget aims to bolster growth with tax cuts for businesses while preserving fiscal gains, and is committed to an IMF-backed primary surplus target of 2% of GDP.
The Frontline Impact

How this affects you

This budget attempts to balance economic growth with fiscal discipline, but faces challenges from rising global oil prices and inflation, potentially limiting Pakistan's economic flexibility and impacting its ability to meet revenue targets.

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