ISLAMABAD: The federal government and the Pakistan Peoples Party (PPP) continued consultations on Budget 2026-27 on Wednesday, with both sides discussing development spending, public sector projects, and budget allocations.
According to Beyond Time News, senior leaders from the PPP met Planning Minister Ahsan Iqbal to review key economic and development issues ahead of the federal budget announcement.
PPP Delegation Meets Ahsan Iqbal
A PPP delegation comprising Naveed Qamar and Sherry Rehman held talks with Ahsan Iqbal in Islamabad.
During the meeting, both sides focused on the Public Sector Development Programme (PSDP) and the government’s development priorities for the next fiscal year.
The planning minister briefed the PPP leadership on proposed development schemes and possible new projects under the PSDP framework.
PPP Raises Concerns Over Development Funds
Meanwhile, PPP representatives highlighted concerns regarding the allocation and utilization of development funds.
They sought clarity on how the government plans to distribute PSDP resources among provinces and development sectors.
In response, Ahsan Iqbal assured the delegation that the government would carefully consider their concerns during the budget process.
Sources said both sides maintained a constructive approach throughout the discussions.
More Consultations Expected
Furthermore, government and PPP leaders are expected to hold another round of consultations later in the day.
The ongoing dialogue reflects efforts to build consensus on major budgetary decisions before the federal budget is finalized.
Political observers view the consultations as important because the PPP remains a key coalition partner whose support could influence several economic decisions.
Federal Budget Likely to Be Delayed
Earlier, sources indicated that the government had decided not to present the Federal Budget 2026-27 on June 5 as previously expected.
Instead, officials are considering June 10 or June 12 as possible dates for the budget announcement.
However, the government has not yet issued a final decision regarding the revised schedule.
NEC Meeting Also Postponed
In addition, authorities postponed the meeting of the National Economic Council (NEC), which was originally scheduled for June 3.
Sources said the government adjusted the budget timetable partly because of the upcoming Gilgit-Baltistan elections.
The revised schedule will provide additional time for consultations and planning before the budget presentation.
Read more:Bilawal Bhutto Reaches Skardu as PPP Launches Full Election Drive in Gilgit-Baltistan
IMF Discussions May Continue
Meanwhile, officials may hold further discussions with the International Monetary Fund (IMF) regarding development spending and other fiscal matters.
Economic policymakers continue to work on budget proposals that balance development needs, fiscal discipline, and economic growth objectives.
As preparations enter the final stage, consultations between coalition partners and economic stakeholders are expected to continue.
Budget Preparations Enter Final Phase
With the federal budget approaching, the government is intensifying engagement with political allies and economic institutions.
The outcome of these discussions could shape development spending, taxation policies, and economic priorities for the coming fiscal year.
For now, both the government and PPP appear committed to continued dialogue as they work toward consensus on key budget matters.
FAQs
Why did PPP leaders meet Ahsan Iqbal?
They discussed Budget 2026-27, development projects, and PSDP funding allocations.
Which PPP leaders attended the meeting?
Naveed Qamar and Sherry Rehman represented the PPP during the discussions.
What concerns did the PPP raise?
The party raised concerns about the allocation and utilization of Public Sector Development Programme funds.
Has the government finalized the budget date?
No. Sources say the budget may be presented on June 10 or June 12, but no final decision has been announced.
Why was the budget schedule changed?
Sources cited the Gilgit-Baltistan elections and ongoing discussions on budget-related matters, including consultations with the IMF.
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