Prime Minister Shehbaz Sharif said the federal government and provinces made decisions in Pakistan’s best interest during the National Economic Council meeting. He said the consultations ensured unity on key development and fiscal priorities. The remarks come as Pakistan prepares its federal and provincial budgets for FY2026-27.
Addressing the NEC, the prime minister said all stakeholders were engaged with seriousness during consultations. He thanked the chief ministers for their cooperation in shaping national development plans. Moreover, he said collective decision-making strengthened policy coordination across the federation.
The NEC meeting focused on finalising development strategies ahead of the upcoming budget cycle. It reviewed federal and provincial annual plans along with investment proposals. Additionally, the forum discussed socio-economic indicators and adjustments to public sector development programmes.
PM Shehbaz said macroeconomic stability had improved despite ongoing challenges. He noted that Pakistan remained committed to the IMF programme while managing growth pressures. Furthermore, he said cooperation between the centre and provinces helped address external shocks, including rising global oil prices.
However, the prime minister stressed that real progress depends on growth in jobs, exports, and production. He highlighted the need for stronger industrial and agricultural development to support the economy. The meeting concluded with reaffirmation of provincial-federal cooperation on development planning and budget priorities.