Federal Budget Approaches as Public Awaits Key Government Announcements

Last Updated: 14 hours ago

The Federal Budget, expected to be for 2026-27, is approaching and is likely on June 10. The public awaits key government announcements and big economic decisions ahead. Preparations are underway to put additional burden on consumers.

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Updated: 2:32 PM PKT — June 5, 2026

The federal government has proposed allocating significant funds for various ongoing and new development projects in Karachi in the upcoming budget. According to budget documents, a sum of Rs 1.98 billion is proposed for the Green Line bus service.

Further proposals include Rs 370 million for infrastructure restoration in Nazimabad and Liaquatabad, and Rs 350 million for roads, water, and drainage projects in Landhi and Korangi. New initiatives are also suggested, including Rs 400 million for the Jinnah Medical Complex and Research Centre, Rs 390 million for upgrading the National Research and Fertility Care, and Rs 50 million for establishing a National University of Nursing in the city.

Updated: 2:01 PM PKT — June 5, 2026

The government has decided to disburse the fifth and sixth installments of its fuel subsidy scheme to beneficiaries within the current month. The decision was made in a meeting chaired by Deputy Prime Minister and Foreign Minister Ishaq Dar, which reviewed the program’s implementation. The scheme is designed to provide direct relief to public transport operators, motorcycle owners, and farmers. Mr. Dar emphasized that the initiative aims to support the common citizen and the agricultural sector, expressing satisfaction with the scheme’s overall progress.

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