Trade bodies, leaders laud 'balanced budget'

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ISLAMABAD:

The trade bodies and business leaders nationwide have hailed the Federal Budget 2026-27 as a business-friendly, growth-driven and balanced fiscal roadmap, praising the government for introducing measures aimed at boosting economic activity, encouraging investment and supporting sustainable development.

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and other business organizations congratulated Prime Minister Shehbaz Sharif, Deputy Prime Minister Ishaq Dar, Finance Minister Muhammad Aurangzeb and the economic team for presenting an excellent and public-oriented budget.

The FPCCI said the federal budget 2026-27 is a positive step for the stability of the country's economy, promotion of investment and increase in business activities. The business community will continue to cooperate with the government and play a role in promoting economic growth and investment.

The FPCCI said the budget is a positive step for the stability of the country's economy, promotion of investment and increase in business activities. The business community will continue to cooperate with the government and play a role in promoting economic growth and investment.

The Pakistan Business Council, while congratulating the finance team said it was clear that the government was taking key stakeholders on board in framing important economic policies-

This is very refreshing and augurs well for the future, it said, adding that this will greatly improve the business environment and the lives of many salaried individuals. "We believe that this budget has sent out a very strong signal that inclusive, sustained growth is now the government's priority," it added.

The Pakistan Business Council expressed its commitment to continue working closely with the government for the betterment of our country and its citizens.

Meanwhile, Rawalpindi Chamber of Commerce and Industry (RCCI) President Usman Shaukat appreciated the federal budget, saying the reduction in taxes for the salaried class and the decrease in super tax are welcome steps.

He also appreciated the tax relief provided to the IT sector, noting its vital role in promoting exports and employment. He welcomed the allocation of Rs88 billion under the Export Finance Scheme, describing it as a positive initiative.

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