Federal government is planning to present budget for fiscal year 2025-26 on June 10, 2025, reported 24NewsHD TV Channel.
According to sources, Ministry of Finance has started preparations for next fiscal year budget.
Earlier, the budget was proposed to be presented on June 2.
In a key round of talks over the upcoming fiscal year 2025–26 budget, Pakistan and the International Monetary Fund (IMF) held important discussions on relief measures in key tax areas.
According to sources, Pakistan’s economic team urged the IMF to consider a reduction in super tax and extend relief to the real estate sector. The government also requested broader concessions, including for the salaried class, to ease the financial burden on citizens.
However, the IMF has so far adopted a strict stance, showing no indication of agreeing to any leniency or relief measures at this stage. Officials from the Ministry of Finance confirmed that Pakistan remains bound by its agreement with the IMF, and any tax exemptions or relief packages require the lender’s approval.
Sources said the IMF was evaluating all relief-related proposals based on available data and a comprehensive policy framework. Pakistan has already submitted detailed data across several sectors, prompting a range of queries from the IMF team during technical sessions.