India, June 11 -- The Iran-US war has taken a toll on already battered economy of Pakistan with the middle class bracing for more shocks as the government is set to propose a budget on Friday.

The fresh budget, for the next fiscal year starting next month, is likely to impact the middle class and registered businesses as it seeks to raise revenue and cut spending while shielding the nation's poorest, news agency Reuters reported, adding that Pakistani finance minister Muhammad Aurangzeb will submit a delayed 17.1-trillion-rupee ($61-billion) budget tomorrow. Track latest updates on Iran US war

Fuel prices have risen as a result of the Iran-US war that started with Israel and the US launching coordinates strikes on Iran on February 28. W...