Centre eyes unveiling new budget in early June

The Ministry of Finance has issued a calendar for preparing and presenting the federal budget 2025-26 and asked all the ministries, divisions, departments and government entities to submit their expenditure demands by Feb 6 and anticipated savings during the current fiscal year. According to the budget calendar and budget call circular issued to all the stakeholders, the federal budget is targeted for presentation in the national assembly in the first week of June as usual, in line with procedures laid down in Articles 78 to 88 of the Constitution and the Public Finance Act 2019. The finance ministry has sought submission of estimates of receipts and expenditures from all provincial governments and federal ministries and departments for the next fiscal year and revised estimates for the current fiscal year by Feb 6 so that the budget document for FY26 could be finalised by the third week of May.