ISLAMABAD: The federal cabinet has approved the budget for the fiscal year 2026-27 during a meeting in Islamabad. Prime Minister Shehbaz Sharif chaired the meeting and signed the necessary documents, marking a significant step in the country’s financial planning for the upcoming year.

According to Radio Pakistan, the cabinet’s approval of the annual budget sets the stage for the implementation of financial policies and allocations for the 2026-27 fiscal year. The meeting, led by Prime Minister Sharif, focused on finalizing the budgetary allocations and ensuring that all necessary documentation was completed. The approved budget will now move forward in the legislative process, where it will undergo further scrutiny and discussion.