As Pakistan gets ready to announce its federal budget for the year 2025-26, the National Economic Survey will be released today. This survey gives an overview of the country’s current economic condition and sets the tone for the upcoming budget, which is scheduled to be presented on Tuesday.
The announcement comes at a time when inflation is high and the country is still following an ongoing program with the International Monetary Fund (IMF).
The government plans to present a federal budget worth Rs17,600 billion. Out of this, the Federal Board of Revenue (FBR) has been given a tough target — to collect Rs14,130 billion in taxes. The government expects the total revenue collection, including non-tax sources, to reach around Rs19,400 billion.
One of the biggest concerns in the upcoming budget is debt servicing. The government will allocate Rs6,200 billion just to pay off interest on loans and fulfill debt-related obligations. This shows the heavy financial burden Pakistan continues to face due to both domestic and foreign loans.
The focus of the new budget will likely include tax reforms, efforts to improve revenue collection, and measures to manage the growing expenses of the government.
However, balancing economic stability with public relief will be a major challenge, especially during a time when inflation is affecting millions of households across the country.
