{"id":4470,"date":"2025-06-29T09:10:05","date_gmt":"2025-06-29T04:10:05","guid":{"rendered":"https:\/\/youdigital.pk\/en\/?p=4470"},"modified":"2025-06-29T12:38:50","modified_gmt":"2025-06-29T07:38:50","slug":"pakistans-rs17-6-trillion-austerity-budget-for-fy26-targets-economic-stability","status":"publish","type":"post","link":"https:\/\/2day.pk\/en\/2025\/06\/29\/pakistans-rs17-6-trillion-austerity-budget-for-fy26-targets-economic-stability","title":{"rendered":"Pakistan&#8217;s Rs17.6 Trillion &#8216;Austerity&#8217; Budget for FY26 Targets Economic Stability"},"content":{"rendered":"<p data-start=\"127\" data-end=\"1362\"><strong>ISLAMABAD: Pakistan has unveiled its federal budget for the fiscal year 2025\u201326, totaling Rs17.6 trillion, aiming to achieve a 4.2% GDP growth and a fiscal deficit of 3.9% of GDP.<\/strong><\/p>\n<p data-start=\"127\" data-end=\"1362\">The budget outlines a primary surplus of 2.4% of GDP, aligning with International Monetary Fund (IMF) targets under a $7 billion aid program.<br data-start=\"454\" data-end=\"457\" \/>The Federal Board of Revenue (FBR) is tasked with collecting Rs14.13 trillion, marking a 9% increase from the previous year.<\/p>\n<p data-start=\"127\" data-end=\"1362\">The government has introduced new taxes totaling Rs463 billion, including an 18% sales tax on solar panels and online businesses, and a 5% tax on foreign vendors from countries without bilateral tax agreements with Pakistan.<\/p>\n<p data-start=\"127\" data-end=\"1362\">Defense expenditure has been increased by 20% to $12 billion, including pensions, following recent tensions with neighboring India.<\/p>\n<p data-start=\"127\" data-end=\"1362\">The Public Sector Development Programme (PSDP) allocation stands at Rs1 trillion, focusing on infrastructure and development projects.<\/p>\n<p data-start=\"127\" data-end=\"1362\">Despite ambitious targets, analysts express skepticism about achieving the projected 4.2% growth, citing challenges in private investment and past underperformance in key sectors.<br data-start=\"1261\" data-end=\"1264\" \/>The budget&#8217;s success hinges on effective implementation of tax reforms and expenditure management.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Pakistan has unveiled its federal budget for the fiscal year 2025\u201326, totaling Rs17.6 trillion, aiming to achieve a 4.2% GDP growth and a fiscal deficit of 3.9% of GDP. The budget outlines a primary surplus of 2.4% of GDP, aligning with International Monetary Fund (IMF) targets under a $7 billion aid program.The Federal Board &hellip;<\/p>\n","protected":false},"author":6,"featured_media":4471,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[39,1273,1280],"class_list":["post-4470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news","tag-budget","tag-growth","tag-taxation"],"_links":{"self":[{"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/posts\/4470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/comments?post=4470"}],"version-history":[{"count":1,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/posts\/4470\/revisions"}],"predecessor-version":[{"id":4472,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/posts\/4470\/revisions\/4472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/media\/4471"}],"wp:attachment":[{"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/media?parent=4470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/categories?post=4470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/tags?post=4470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}