BUDGET 2026-27: Record Rs3.6tr overspending belies govt’s austerity claims (opens original article in a new tab)
The Pakistani government sought post-facto parliamentary approval for a record Rs3.684 trillion in supplementary grants due to significant overspending across various sectors, contradicting claims of austerity and fiscal discipline.
- Finance Minister requests post-facto approval for Rs3.684 trillion supplementary grants due to overspending
- Supplementary grants include debt servicing, power sector, subsidies, and defense expenditures exceeding budget allocations
- Parliament is required to approve these grants under constitutional articles, with some funds reallocated from one expenditure head to another
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