Prime Minister Shehbaz Sharif has stressed the importance of strong national security ahead of the federal budget presentation. He said no country can achieve progress without robust security systems. The remarks came during a federal cabinet meeting that approved the budget. The session also confirmed that the budget will soon be presented in parliament.
The prime minister said the government faced several challenges during budget preparation. He noted that the third budget of his administration reflects economic priorities and reforms. Moreover, he highlighted planned measures for tax relief and economic stability. He added that energy and water infrastructure projects remain key priorities.
Shehbaz Sharif said the government held detailed talks with the International Monetary Fund during the budget process. He also mentioned a recent call with IMF Managing Director Kristalina Georgieva. In addition, he said coalition partners, including the PPP, fully supported the process. Therefore, he described the consultation phase as successful and inclusive.
Prime Minister @CMShehbaz signed the Annual #Budget 2026–27 documents following their approval by the Federal Cabinet at Parliament House, #Islamabad, on June 12, 2026@Financegovpk #RadioPakistan #News #budget26_27 pic.twitter.com/aYq6KpNUqu
— Radio Pakistan (@RadioPakistan) June 12, 2026
The prime minister further said the federal government engaged provinces in meaningful discussions over the past weeks. He thanked provincial leadership for cooperation on fiscal matters and development priorities. Moreover, he praised political leaders for supporting national unity during economic challenges. He also acknowledged sacrifices made by citizens amid inflation pressures.
Earlier, the cabinet approved the federal budget for FY26-27 for presentation in parliament. The prime minister said inflation has declined significantly over the past two years. However, he noted temporary pressures due to global conflicts. Consequently, he expressed confidence that the new budget will support economic stability and growth.