TRADE & ECONOMY

PM Thanks Nation for Patience Through Crisis; Claims ‘Era of Prosperity’ Begins with New Fiscal Plan

Prime Minister Shehbaz Sharif has hailed the FY 2026–27 federal budget as a turning point that delivers direct relief to the public after a period of intense economic hardship. Addressing the cabinet and the nation, the PM highlighted tax relief for the salaried class, the launch of the "Apna Ghar" housing scheme, and industrial export incentives, thanking both his economic team and Army Chief Field Marshal Asim Munir for making the relief package possible.
2026-06-13
PM Thanks Nation for Patience Through Crisis; Claims ‘Era of Prosperity’ Begins with New Fiscal Plan

Detailed Report

  • The Prime Minister's Declaration: Following the formal presentation of the Rs17 trillion federal budget for FY 2026–27, Prime Minister Shehbaz Sharif issued a comprehensive national statement on Friday, June 12, 2026, characterizing the new fiscal blueprint as a "budget of relief and public welfare." Speaking both to the public and during a special federal cabinet session convened to rubber-stamp the text, the premier asserted that Pakistan has successfully navigated its most volatile economic crisis and laid down a durable foundation for long-term sustainable development.

  • Promises of Macro Stability and Middle-Class Relief: Championing the heavily revised income tax structures, Prime Minister Shehbaz emphasized that the primary focus of the budget was to directly transfer the benefits of hard-won macroeconomic stabilization to the common man. He explicitly noted that the new framework systematically reduces the financial burden on the middle and salaried classes while expanding growth vectors for industrial exports, private investment, and agricultural modernization.

The Premier’s Gratitude Ledger: Delivering a highly political message of reconciliation, the Prime Minister expressed deep gratitude to the citizens of Pakistan for showing "patience and forbearance" during the country's tightest structural adjustment periods. In a notable display of civil-military and inter-provincial cohesion, Shehbaz formally extended credit for the relief package to Deputy PM Ishaq Dar, Army Chief Field Marshal Syed Asim Munir, Finance Minister Muhammad Aurangzeb, the core federal economic team, and the chief ministers of all four provinces.

  • Key Social Programs and Growth Triggers: Highlighting the explicit relief measures embedded within the layout, the Prime Minister spotlighted the official launch of the "Prime Minister's Apna Ghar" housing program, designed to provide low-cost shelter solutions to lower-income demographics. He reiterated that alongside targeted tax concessions, the budget contains strategic funding loops to generate employment for the youth and incentivize localized corporate business activities. Reaffirming his administration's trajectory, Shehbaz expressed absolute confidence that this third federal budget under his watch will successfully transition Pakistan onto a significantly faster, investment-heavy economic growth track