Rana Ihsan Afzal Khan praises 2026-27 budget for strengthening fiscal stability and public support

ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 13th Jun, 2026) Prime Minister’s Coordinator Rana Ihsan Afzal Khan Saturday praised the 2026-27 budget for its balanced approach to fiscal discipline and public relief, especially in these challenging circumstances, emphasizing its focus on economic stability and inclusive growth for a brighter future.

While speaking to a local media outlet, Rana Ihsan Afzal Khan described the current budget as a blessing in these challenging circumstances, adding, budget provides much-needed relief to the small traders and the salaried class, which are crucial segments of the economy.

He further highlighted that the budget sets clear targets for achieving sustainable growth and development in the upcoming fiscal year.

The strategic allocations and policies are designed to promote responsible management of resources while ensuring that public welfare remains a top priority, he said, adding, this balanced approach is expected to yield positive results and lay a solid foundation for future progress.

Looking ahead, Rana Ihsan Afzal Khan expressed confidence that the next budget will be even better than the current one.

He stated that the government is committed to continuously improving fiscal policies and expanding support for various sectors. With ongoing reforms and dedicated efforts, he believes the future budgets will bring greater prosperity and economic resilience to the nation to a more reliable and sustainable power sector that benefits consumers and the economy alike.

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During his address, Rana Ihsan Afzal Khan highlighted that the privatization of PIA has been successfully completed, marking a significant milestone in the government's efforts to reform state-owned enterprises.

He stated that this achievement demonstrates the government's commitment to enhancing efficiency and competitiveness within the national airline.

He also explained that the privatization of DISCOs is an ongoing process aimed at improving the energy

sector.

While this process is naturally taking some time due to necessary procedures, it is moving forward steadily, he said, adding, the government believes that transferring management to private entities will lead to better service, reduced losses, and increased investment, ultimately strengthening the country’s power infrastructure.

He concluded that maintaining Primary surpluses is crucial for ensuring positive fiscal discipline, which in turn helps stabilize the economy and build investor confidence.

He emphasized that the government remains committed to implementing additional measures aimed at promoting sustainable growth, reducing public debt, taxation and enhancing social welfare programs.

Moving forward, the focus will be on taking further strategic steps to improve public services, create job opportunities and ensure economic prosperity for all citizens, he mentioned.