Pakistan, June 25 -- President Asif Ali Zardari has approved the Finance Bill 2026-27, formally clearing the way for Pakistan's federal budget to take effect from 1 July 2026. The approval completes the legislative process and allows the government to begin implementing fiscal measures outlined in the new financial plan.

Following presidential assent, officials confirmed that the Finance Bill will be forwarded to the Printing Corporation for publication in the official gazette. Consequently, the federal budget with a total outlay exceeding Rs18 trillion will officially come into force at the start of the new fiscal year.

Under the Finance Bill, the government has announced a seven percent increase in salaries and pensions for public sec...