Senate, NA to Meet on June 5 for Budget Sessions
The budget schedule was delayed after more than 60 lawmakers traveled for Hajj, and the government plans to adopt proposals by June 24.
- President Asif Ali Zardari summoned the National Assembly and Senate to meet in Islamabad on June 5 for proceedings related to the 2026-27 federal budget, which must pass before June 30 to take effect from July 1.
- More than 60 lawmakers traveling to Saudi Arabia to perform Hajj delayed the sessions originally scheduled for June 1, forcing the government to adjust the legislative calendar for the upcoming fiscal year.
- The government plans to approve a consolidated national development programme exceeding Rs3.5 trillion, with the Federal Board of Revenue targeting Rs15.3 trillion in tax collection under a macroeconomic framework envisaging 4.1% economic growth and 8.5% inflation for FY2026-27.
- Coalition partner Pakistan People's Party urged a 20% increase in salaries and pensions, yet the International Monetary Fund tightened FBR oversight, leaving minimal room for discretionary relief amid fiscal consolidation demands.
- After three years under the International Monetary Fund programme, officials are finalizing the "budget strategy," and Prime Minister Shehbaz Sharif will soon announce a public-friendly package for inflation-hit segments of society.
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Pakistan Live NewsPresident summons NA, Senate budget sessions on June 5
Sessions delayed from June 1 due to lawmakers' absence: report.Federal govt plans to adopt budget proposals till June 24: report.Budget must be passed before June 30 to take effect from July 1.President Asif Ali Zardari has summoned...
NA, Senate budget sessions summoned on June 5
President Asif Ali Zardari has summoned separate sessions of the National Assembly and the Senate on June 5 to announce the federal budget for the fiscal year (FY) 2026-27. According to an official press release issued by the Presidency on Friday, the NA has been summoned at 5pm on June 5, while the Senate session is scheduled for 6pm. Meetings of the Annual Plan Coordination Committee (APCC) and the National Economic Council (NEC) — forums whic…
President summons National Assembly, Senate budget sessions on June 5
President Asif Ali Zardari has officially summoned the federal budget sessions for both houses of parliament on June 5, scheduling the National Assembly session to convene at 5 pm and the Senate meeting at 6 pm. The scheduling comes alongside statements from Federal Finance Minister Muhammad Aurangzeb, who assured that efforts are actively being made […] The post President summons National Assembly, Senate budget sessions on June 5 appeared firs…
President Zardari summons NA, Senate budget sessions on June 5
President Asif Ali Zardari has summoned the budget session of the Parliament for the fiscal year 2026–27 on June 5 (Friday). According to the schedule, the National Assembly will meet at 5 pm, followed by the Senate session at 6 pm. The sittings have been called under Article 54(1) of the Constitution. Meanwhile, discussions around the upcoming budget continue in parliamentary committees. Last week, the National Assembly Standing Committee on Fi…
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