Punjab Unveils Rs5.9 Trillion Surplus Budget with Salary and Pension Increases
Punjab has unveiled a Rs5.9 trillion surplus budget for 2026-27, pairing austerity with growth by reducing current spending while increasing salaries for government employees by 7% and pensions by 3.5%, with a target of Rs1.21 trillion revenue from its own sources.
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PUNJAB BUDGET 2026-27: Punjab eyes Rs910bn surplus in Rs5.9tr budget
• Minister says no additional tax burden placed on public • Insists budget focuses on welfare, growth, self-reliance • Govt employees get 7pc salary raise; pensions increased by 3.5pc • Province targets Rs1.21tr revenue from own sources • Revenue authority given Rs528.9bn collection target • Rs546bn grant to Centre included for the first time • Education gets Rs750bn; health sector allocated Rs500.82bn • Agriculture, livestock, aquaculture get Rs132.5bn LAHORE: The Punjab government on Tuesda...
By none@none.com (Amjad Mahmood)
Read full article →Punjab pairs austerity with growth
Rs5.9tr surplus budget unveiled Current spending reduced by 3.1% under fiscal consolidation push Salaries up
By Rana Yasif
Read full article →Coverage Timeline
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