Parliamentary affairs minister says budget likely to be presented on June 12

Says summaries have been sent for convening sessions of both houses of Parliament on June 10

Parliamentary Affairs Minister Tariq Fazal Chaudhry on Tuesday said that summaries had been sent for convening sessions of both houses of Parliament on June 10, ahead of the federal budget scheduled to be presented on June 12.

In a post on X, the minister said the National Assembly session had been proposed for June 10 at 5pm, while the Senate session was expected to be called the same day at 4pm.

He added that a summary for the sittings of both houses had been forwarded for approval and that the federal budget was likely to be presented on June 12.

قومی اسمبلی اور سینیٹ کا اجلاس بلانے کے لئے سمری بھیج دی ہے

قومی اسمبلی کا اجلاس 10 جون کو شام پانچ بجے بلانے کی تجویز ہے

سینیٹ کا اجلاس 10 جون کو چار بجے بلانے کی سمری بھیجی گئی ہے

امکان ہے کہ بجٹ 12 جون کو پیش کیا جائے گا

— Dr. Tariq Fazal Ch. (@DrTariqFazal) June 9, 2026

The federal budget was initially expected on June 5. Then came reports of a delay, with the presentation likely shifting to June 10 or 12 following the postponement of the National Economic Council (NEC) meeting.

The highest-level huddle between President Asif Zardari and Prime Minister Shehbaz Sharif happened on Monday, the day the government, for the third time, postponed the meeting of the NEC – the body mandated to approve development budgets and national macroeconomic framework.

Read: President, PM ease budget rift as K-P flags share cap

The budget is drawing intense scrutiny as it is being finalised under Pakistan's $7 billion IMF Extended Fund Facility, alongside a separate climate resilience financing programme.

The Centre is betting on taking out Rs1.2 trillion from the shares of the provinces under the NFC for the fiscal year 2026-27. This has delayed the announcement of the budget, and there was extreme uncertainty in the country over lack of clarity on the budget dates.

The lender has continued to press Islamabad to stay the course on fiscal consolidation and structural reforms aimed at restoring macroeconomic stability and strengthening external reserves.

The budgetary exercise is also taking place amid growing regional volatility linked to the US-Iran conflict, which has rattled global shipping lanes and energy markets, fuelling fresh concerns over Pakistan's import costs and external account pressures.

Once tabled in the NA, the federal budget will undergo debate from both treasury and opposition lawmakers before being put to a vote and approved ahead of the new fiscal year beginning on July 1.