2024–25 Pakistan federal budget

The 2024–25 Pakistan Federal Budget is a financial statement of the government's estimated receipts and expenditures for the fiscal year that runs from 1 July 2024 to 30 June 2025.

[1][2] On 12 June 2024, finance minister Muhammad Aurangzeb presented the federal budget with a total outlay of Rs18.877 trillion.

[7] The upcoming budget is expected to be a critical one as it is being prepared under the strict conditions of the International Monetary Fund (IMF).

[8][9] On 10 June 2024, the National Economic Council (NEC) decided to continue funding ongoing provincial projects and constituency-based schemes, while approving a 47 percent increase in the federal Public Sector Development Programme to Rs 1.4 trillion.

The new budget proposes to levy 18% GST on retailers, agricultural implements, seeds, fertilizers, tractors, and other equipment.