The federal cabinet has approved the budget proposals, including a 6% increase in salaries and a 7% increase in pensions.
According to sources, the federal cabinet has approved the Finance Bill, and BOL News has received a copy of the budget documents.
The federal cabinet approved a 6% salary hike and a 7% pension increase. The total volume of the budget for the current fiscal year will be Rs. 17,573 billion.
Key Highlights of the Federal Budget 2025–26:
Interest Payments on Loans: Rs. 8,207 billion allocated.
Defense Budget: Proposal to allocate Rs. 2,550 billion.
Government Operational Expenses: Proposal to allocate Rs. 971 billion.
Pension Payments: Rs. 1,055 billion proposed.
Subsidies: Rs. 1,186 billion proposed.
Grants: Rs. 1,928 billion proposed.
Development Budget: Rs. 1,000 billion allocated.
Revenue Targets:
FBR Tax Collection Target: Rs. 14,131 billion.
Non-Tax Revenue Target: Rs. 5,167 billion.
Federal Gross Revenue Target: Rs. 19,298 billion.
Provincial Transfers and Deficit: Transfer to Provinces: Estimated at Rs. 8,206 billion.
Net Federal Revenue: Estimated at Rs. 11,072 billion.
Current Expenditures: Estimated at Rs. 16,286 billion.
Budget Deficit and Economic Estimates:
Budget Deficit: Estimated at Rs. 6,501 billion (5% of GDP).
GDP Size: Estimated at Rs. 129,567 billion.
Primary Surplus: Proposed at 2.4% of GDP.
Let me know if you’d like a summarized or graphical version of this data.
