{"id":920,"date":"2026-05-13T06:50:32","date_gmt":"2026-05-13T06:50:32","guid":{"rendered":"https:\/\/dailypakistannews.com\/?p=920"},"modified":"2026-05-13T06:50:32","modified_gmt":"2026-05-13T06:50:32","slug":"pakistan-imf-discuss-upcoming-federal-budget","status":"publish","type":"post","link":"https:\/\/dailypakistannews.com\/?p=920","title":{"rendered":"Pakistan, IMF discuss upcoming federal budget"},"content":{"rendered":"<p><strong>Preparations for the upcoming federal budget for fiscal year 2025-26 are underway, with the government reviewing key fiscal plans in coordination with the International Monetary Fund (IMF).<\/strong><\/p>\n<p>\u201cFederal Minister for Finance and Revenue Muhammad Aurangzeb held a meeting with the visiting IMF Mission led by Mission Chief Iva Petrova in Islamabad to discuss Pakistan\u2019s macroeconomic outlook, preparations for the upcoming federal budget, and the government\u2019s ongoing reform agenda aimed at strengthening economic stability and promoting sustainable growth,\u201d read a statement released by the Ministry of Finance on Wednesday.<\/p>\n<p>Governor State Bank of Pakistan (SBP) Jameel Ahmad, Secretary Finance Division Imdad Ullah Bosal, Chairman FBR Rashid Mahmood Langrial, and senior officials attended the meeting.<\/p>\n<p>Earlier in the day, the <a href=\"https:\/\/www.brecorder.com\/news\/40420942\/pakistan-receives-13-billion-from-imf-sbp\">SBP announced it had received <\/a>about $1.3 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF).<\/p>\n<p>\u201cThe amount would be reflected in SBP\u2019s foreign exchange reserves for the week ending on May 15, 2026,\u201d the SBP said.<\/p>\n<p>Pakistan\u2019s 37-month EFF arrangement was approved on September 25, 2024, and aims to build resilience and enable sustainable growth.<\/p>\n<p>Meanwhile, sources earlier told <em>Business Recorder<\/em> that the <a href=\"https:\/\/www.brecorder.com\/news\/40420779\">government is unlikely to introduce <\/a>any new taxes in the upcoming budget, as it plans to achieve next year\u2019s revenue target through enforcement and administrative measures estimated at Rs778-780 billion.<\/p>\n<p>Sources said that the federal budget for the next fiscal year is expected to provide relief to taxpayers, with the authorities relying on alternative revenue-generation measures to offset potential revenue losses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Preparations for the upcoming federal budget for fiscal year 2025-26 are underway, with the government reviewing key fiscal plans in coordination with the International Monetary Fund (IMF). \u201cFederal Minister for Finance and Revenue Muhammad Aurangzeb held a meeting with the visiting IMF Mission led by Mission Chief Iva Petrova in Islamabad to discuss Pakistan\u2019s macroeconomic [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan-news"],"_links":{"self":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts\/920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=920"}],"version-history":[{"count":0,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts\/920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/media\/921"}],"wp:attachment":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}