Finance Minister Presents FY2026-27 Budget Amid Protests
Finance Minister Muhammad Aurangzeb is presenting the FY2026-27 budget in the National Assembly (NA), addressing a session that began two hours after the scheduled time of 3pm and is marred by loud protests by the opposition. NA Speaker Ayaz Sadiq is presiding over the session, who invited Aurangzeb to present the budget. Aurangzeb began by thanking allies part of the ruling coalition, including PPP Chairperson Bilawal-Bhutto Zardari. He said the budget was being presented at
Finance Minister Muhammad Aurangzeb presented the FY2026-27 budget in the National Assembly (NA) despite loud opposition protests. The session commenced two hours late, with the NA Speaker presiding. Aurangzeb highlighted Pakistan's strengthened international standing and defense capabilities, linking them to a response against India in May 2025. He emphasized that Pakistan's defense sector is now a source of foreign exchange and has reshaped strategic partnerships, citing a pact with Saudi Arabia. The minister also discussed Pakistan's role in mediating peace between the US and Iran and its strong ties with China. He addressed global oil price hikes due to the US-Israeli conflict with Iran, noting that local prices in Pakistan were kept lower through Rs128 billion in subsidies.
This item covers a significant national economic event, the presentation of a national budget, while also touching upon foreign policy achievements and domestic economic measures amidst political opposition.
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