According to sources in the Ministry of Finance, the government has made a preliminary decision to present the upcoming budget ahead of Eid. In light of the Eid holidays, an early session of Parliament is under consideration for the budget announcement.
The federal budget is likely to be tabled in Parliament between June 3 and 5, with a possibility of it being presented two to three days before Eidul Adha.
The budget approval process is expected to begin immediately after the Eid holidays. Consultations with the IMF on the upcoming fiscal plan are also scheduled, with an IMF mission due to arrive in Pakistan on May 14.
Key targets, including annual tax revenue and the development budget, will require IMF approval as part of ongoing discussions.
Meanwhile, Finance Minister Aurangzeb will represent Pakistan at the IMF and World Bank spring meetings, which will be held in Washington, DC from April 21 to 26.