News
June 05 , 2026
Upcoming Budget to Provide Public Relief: PM
Islamabad: Prime Minister Shehbaz Sharif has said that the upcoming budget would include measures aimed at providing relief to the public, while efforts were being made to bring the informal economy into the tax net.
According to a statement by the Prime Minister's Office, the prime minister held a consultative meeting with leading industrialists and business figures on Wednesday to seek input on priorities for the upcoming federal budget 2026–27, with a focus on shaping economic policy and sustaining recovery efforts.
"The discussion centered on the overall direction of economic growth, export-led development, and measures aimed at strengthening investment and job creation ahead of the upcoming budget," it said.
The prime minister said consultations with the business community were “of critical importance” in policy formulation, adding that Pakistan’s economic recovery depended on a strong partnership between the government and the private sector.
The delegation included prominent industrialists and business leaders including Mian Muhammad Mansha, Arif Habib, Ahsan Zafar Syed, Muhammad Ali Tabba, and others representing key sectors of the economy.
Several federal ministers and senior officials also attended the meeting, including Food Security Minister Rana Tanveer Hussain, Law Minister Azam Nazeer Tarar, Climate Change Minister Musadik Malik, Economic Affairs Minister Ahad Khan Cheema, Information Minister Attaullah Tarar, IT and Telecommunication Minister Shaza Fatima Khawaja, Petroleum Minister Ali Pervaiz Malik, Power Minister Sardar Awais Ahmad Khan Leghari, Minister of State for Finance Bilal Azhar Kayani, Special Assistant to the Prime Minister Haroon Akhtar Khan, Attorney General Mansoor Usman Awan, and State Bank of Pakistan Governor Jameel Ahmad, along with other senior officials.
Addressing the delegation, the prime minister said, “You are ambassadors of Pakistan and our identity in the world,” and played a key role in shaping the country’s international economic reputation.
He thanked the business community for supporting the government during difficult economic conditions and said sustained cooperation between the public and private sectors was essential for growth.
“We are moving towards an export-led growth model, which remains the core of our economic policy,” the prime minister said.
The prime minister added that reforms were underway to improve the resolution of tax disputes through tax tribunals, with what he described as transparent hiring processes, while a committee had been formed to establish special commercial courts. – The Express Tribune
Courtesy The Express Tribune
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