Pakistan, June 12 -- Finance Minister Muhammad Aurangzeb has presented a federal budget worth over Rs18 trillion in the National Assembly. The budget outlines major spending priorities including defence, debt servicing, and development. The announcement came during a heated budget session in Islamabad. The proposals are expected to shape Pakistan's economic direction for the coming fiscal year.

The finance minister thanked coalition partners and said it was an honour to present the third budget of the government. He highlighted economic progress, including improvements in manufacturing and services growth. Moreover, he said Pakistan's economy has shown signs of stabilization in recent years. He also pointed to rising foreign exchange res...