Pakistan's budget to be presented on June 10, deputy PM says

ISLAMABAD - Pakistan's federal budget for fiscal year 2026–2027 will be presented on June 10, Deputy Prime Minister Ishaq Dar said on Wednesday.

The statement on X came after Reuters, citing a government source and local media, reported that Pakistan's federal budget was unlikely to be presented on June 5, as initially planned, mainly as some fiscal measures have not been settled with the International Monetary Fund.

The government source, speaking on condition of anonymity, said the June 5 parliamentary session would proceed as scheduled, providing a platform for both the government and the opposition to debate the budget.

The government has given no reason for the delay.

The source said there were still issues to be settled with the IMF on creating fiscal space, especially some funds to be relinquished by the provinces for federal spending.

Pakistan's finance ministry did not immediately respond to a request for comment.

The country is on a $7 billion IMF bailout program, which has helped the economy stabilise and recover.

(Reporting by Asif Shahzad, Writing by Shilpa Jamkhandikar and Gnaneshwar Rajan; Editing by Jacqueline Wong, Shri Navaratnam and Gareth Jones)

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