The coalition administration is prepared to publish the federal budget for the fiscal year 2023–2024 today, with an expected spending of more than Rs14.5 trillion, despite continuous political and economic challenges.

Ishaq Dar, the finance minister, will present the budget address in front of the National Assembly at 4 p.m. under the careful eye of the International Monetary Fund (IMF). The budget session’s four-point agenda has been released by the NA Secretariat.

7.7% of the Gross Domestic Product (GDP) is projected to represent the government deficit budget. Ishaq Dar, the federal minister of finance and revenue, will deliver the “deficit” budget and is anticipated to propose new taxes totaling more than Rs700 billion.

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