Pakistan Unveils Rs 18.77-Trillion Federal Budget 2026-27 Aiming at Four-Percent Growth, an Eighteen-Percent Defence Hike and Salaried-Class Tax Relief; Bilawal... (opens in new tab)

Pakistan's Federal Budget 2026-27, presented in the National Assembly Friday by Finance Minister Muhammad Aurangzeb amid two hours of opposition sloganeering, totals Rs 18.77 trillion (approximately sixty-seven and a half billion U.S. dollars) and targets four-percent GDP growth and eight-point-two-percent inflation while delivering an eighteen-percent defence hike, a seven-percent salary-and-pension increase for federal employees, and the first sustained income-tax relief for the salaried mi...