Pakistan Cuts Inflation-Relief Subsidy Budget by 8% for FY 2026-27 Amid Fiscal Tightening
Islamabad: The federal government has reduced its overall subsidy allocation by 8% for the upcoming fiscal year 2026-27, scaling back financial support across multiple sectors despite continued pressure from inflation and rising energy costs. The total subsidy budget has been set at Rs1.091 trillion, down from Rs1.186 trillion in the outgoing fiscal year. According to…