President Zardari Signs Finance Bill 2025-26 Into Law
President Asif Ali Zardari has signed the Finance Bill 2025-26 into law, formally enacting the government’s fiscal roadmap for the upcoming financial year. The signing followed its passage through both the National Assembly and the Senate, fulfilling all constitutional requirements.
With the president’s assent, the federal government has issued an official Gazette notification, bringing the provisions of the Finance Bill into immediate effect. The bill outlines key fiscal measures, including tax reforms, spending plans, and revenue initiatives aimed at stabilizing and growing the economy.
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The legislative process reached its conclusion after Finance Minister Muhammad Aurangzeb presented the Rs17.6 trillion federal budget on June 10. His budget speech, delivered amid noisy protests from the opposition benches, emphasized the government’s commitment to economic reform. He cited rising remittances—$31.2 billion so far this year—with expectations of reaching $37–38 billion by year-end as a sign of improving economic resilience.
The National Assembly approved the budget last week with several amendments. A proposed opposition amendment calling for public consultation before final approval was rejected during the clause-by-clause review. The session, chaired by Speaker Ayaz Sadiq, cleared the way for the implementation of new fiscal policies designed to address Pakistan’s economic challenges and drive future growth.
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