Tariq Fazal Chaudhry says summaries have been forwarded to convene National Assembly, Senate sessions on June 10
Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry. Photo: Radio Pakistan
The federal budget is expected to be presented on June 12, Federal Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry said in a post on X on Monday.
In preparation for the budget session, summaries have been forwarded for the convening of both houses of Parliament, according to the minister.
Dr Chaudhry said the National Assembly session has been proposed for June 10 at 5pm, while a separate summary has been sent for a Senate session to be held on the same day at 4pm.
قومی اسمبلی اور سینیٹ کا اجلاس بلانے کے لئے سمری بھیج دی ہے
قومی اسمبلی کا اجلاس 10 جون کو شام پانچ بجے بلانے کی تجویز ہے
سینیٹ کا اجلاس 10 جون کو چار بجے بلانے کی سمری بھیجی گئی ہے
امکان ہے کہ بجٹ 12 جون کو پیش کیا جائے گا
— Dr. Tariq Fazal Ch. (@DrTariqFazal) June 9, 2026
The federal budget was initially expected on June 5. Then came reports of a delay, with the presentation likely shifting to June 10 or 12 following the postponement of the National Economic Council (NEC) meeting.
The highest-level huddle between President Asif Zardari and Prime Minister Shehbaz Sharif happened on Monday, the day the government, for the third time, postponed the meeting of the NEC – the body mandated to approve development budgets and national macroeconomic framework.
Read: President, PM ease budget rift as K-P flags share cap
The budget is drawing intense scrutiny as it is being finalised under Pakistan’s $7 billion IMF Extended Fund Facility, alongside a separate climate resilience financing programme.
The Centre is betting on taking out Rs1.2 trillion from the shares of the provinces under the NFC for the fiscal year 2026-27. This has delayed the announcement of the budget, and there was extreme uncertainty in the country over lack of clarity on the budget dates.
The lender has continued to press Islamabad to stay the course on fiscal consolidation and structural reforms aimed at restoring macroeconomic stability and strengthening external reserves.
The budgetary exercise is also taking place amid growing regional volatility linked to the US-Iran conflict, which has rattled global shipping lanes and energy markets, fuelling fresh concerns over Pakistan’s import costs and external account pressures.
Once tabled in the NA, the federal budget will undergo debate from both treasury and opposition lawmakers before being put to a vote and approved ahead of the new fiscal year beginning on July 1.
