Senate Engages in In-Depth Debate on Federal Budget 2026-27

Islamabad: The Senate is continuing discussion on the Federal Budget for 2026-27, with senators from both treasury and opposition benches presenting a range of proposals aimed at improving the Finance Bill. Participating in the debate, Zameer Hussain Ghumro said the budget should include additional incentives for the welfare and well-being of the people.

According to Radio Pakistan, Ali Zafar highlighted Pakistan’s important role in facilitating dialogue between Iran and the United States, saying the country’s efforts deserve appreciation as they helped avert the risk of a dangerous conflict in the region. Commenting on the budget, he said its benefits must reach ordinary citizens through meaningful trickle-down effects. He called for the launch of long-term development initiatives and the adoption of sustainable economic policies.

Maulana Attaur Rehman emphasized that economic stability could not be achieved without restoring peace and security, particularly in Khyber Pakhtunkhwa and Balochistan. Bilal Mandokhail criticized the budget for lacking a clear roadmap to increase national income and address long-term economic challenges. He expressed concern over inadequate allocations for education, higher education, science, and technology, while pointing to millions of children remaining out of school.

Amir Chishti remarked that Pakistan’s high energy costs, taxation structure, and regulatory environment are discouraging both local and foreign investment. He called for greater investment in urban infrastructure. Danish Kumar advocated for enhanced development spending, improved infrastructure, and equitable distribution of national resources including water, for Balochistan.

Zeeshan Khanzada noted that successive governments have focused on increasing taxes without adequately expanding the tax base or implementing long-term economic reforms. He said sustainable growth requires investor confidence, policy continuity, stronger private-sector participation, and improved security conditions. He acknowledged the recent diplomatic gains and Pakistan’s role in regional peace efforts, saying that economic stability remains essential for long-term national progress.

Masroor Ahsan stressed the need to support local industries, agriculture, exports, and the dairy sector while expanding social protection programmes for vulnerable segments of society. Muhammad Humayun Mohmand said economic and governance reforms are needed to ensure fair taxation, reduce poverty, and create jobs. Abdul Shakoor called for increased investment in water reservoirs and development projects, especially in Balochistan.

Those who spoke on the occasion include Dost Muhammad, Zarqa Suharwardy, Falak Naz, and Mishak Azam. The House will now meet again tomorrow at 12:30 p.m.