Presidential approval completes the constitutional process, paving the way for Pakistan’s 2026-27 federal budget and new fiscal measures to take effect from July 1.
Pakistan’s federal budget for the 2026-27 fiscal year is set to take effect on July 1 after President Asif Ali Zardari signed the Finance Bill 2026, completing the final constitutional step required for its implementation.
The presidential assent came after Parliament approved the bill, officially clearing the way for the government’s fiscal roadmap. Following the president’s approval, the Finance Bill was forwarded to the Printing Corporation for publication in the official Gazette, after which it will formally become law.
According to Ministry of Finance sources, the federal budget carries a total outlay of approximately Rs18.77 trillion. All taxation measures, revised duties, and fiscal policies announced in the budget will come into force at the start of the new financial year.
Among the key measures, the Finance Bill provides a 7% increase in salaries and pensions for government employees. The revised tax structure and revenue measures are aimed at strengthening public finances while supporting the government’s broader economic priorities.
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