PM Shehbaz approves Budget 2026–27 draft

He expresses gratitude to coalition parties for their full support in budget

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Web Desk June 12, 2026 2 min read

Prime Minister Shehbaz Sharif. Photo: APP/ File

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Prime Minister Shehbaz Sharif on Friday approved the draft of the Federal Budget 2026–27. He chaired a cabinet meeting in Islamabad to review the budget proposals.

PM Shehbaz expressed gratitude to coalition parties for their full support in the Budget 2026–27.

The prime minister also thanked the International Monetary Fund (IMF) for its assistance.

During the cabinet meeting, federal ministers and ministers of state expressed their endorsement of the prime minister by thumping their desks.

The premier extended thanks to the Pakistan Peoples Party (PPP), Muttahida Qaumi Movement (MQM), Istehkam-e-Pakistan Party (IPP), Balochistan Awami Party (BAP), and Pakistan Muslim League (Q) (PML-Q).

The prime minister’s address to the cabinet will be broadcast through official media.

In a post on X, PM Shehbaz said the "budget has been prepared with great effort and sincerity, and the welfare of Pakistan’s great nation has been given top priority".

The prime minister held a telephonic conversation with PML-N President Nawaz Sharif. During the call, He briefed Nawaz Sharif on the details of the federal budget. PML-N president directed the prime minister to ensure maximum relief for the public in the budget and added that rising inflation would increase public hardship and must be controlled.

PM Shehbaz met a delegation of the MQM in Islamabad, where discussions were held on the upcoming federal budget and the country’s overall political and economic situation, according to a statement issued by the Prime Minister's Office.

The delegation was led by MQM Convener and Federal Minister for Education and Professional Training Khalid Maqbool Siddiqui. It also included Federal Minister for National Health Services Syed Mustafa Kamal and Member of the National Assembly R. Javed Hanif, Farooq Sattar and Aminul Haque.

Senior cabinet members, including Planning Minister Ahsan Iqbal, Law Minister Azam Nazeer Tarar, Economic Affairs Minister Ahad Khan Cheema, Information Minister Attaullah Tarar, and Prime Minister’s Advisor Rana Sanaullah, were also present.

The meeting focused on the Federal Budget 2026–27, which is expected to be presented soon.

The PMO, in its statement, described MQM as an important coalition partner and said that its role in promoting economic stability and public welfare was acknowledged during the meeting.

He said the government’s cooperation with MQM would continue in the same spirit for the national interest and public service.

This is a developing story and will be updated further.