Explanation

About Federal Budget 2026-27

Presented on June 12, 2026

By finance minister Muhammad Aurangzaib

Total outlay: Rs 18.771 trillion

GDP growth target 4.0%

Defense: Rs 3.000 trillion

FBR Tax Revenue Target: Rs 15.264 trillion

inflation target: 8.2%

Inflation Target: 8.2%

***

Explanation

About Federal Budget 2026-27

Presented on June 12, 2026

By finance minister Muhammad Aurangzaib

Total outlay: Rs 18.771 trillion

GDP growth target 4.0%

Defense: Rs 3.000 trillion

FBR Tax Revenue Target: Rs 15.264 trillion

inflation target: 8.2%

Inflation Target: 8.2%

***

Explanation

About Federal Budget 2026-27

Presented on June 12, 2026

By finance minister Muhammad Aurangzaib

Total outlay: Rs 18.771 trillion

GDP growth target 4.0%

Defense: Rs 3.000 trillion

FBR Tax Revenue Target: Rs 15.264 trillion

inflation target: 8.2%

Inflation Target: 8.2%

***

Explanation

About Federal Budget 2026-27

Presented on June 12, 2026

By finance minister Muhammad Aurangzaib

Total outlay: Rs 18.771 trillion

GDP growth target 4.0%

Defense: Rs 3.000 trillion

FBR Tax Revenue Target: Rs 15.264 trillion

Inflation Target: 8.2%

***

Explanation

About Federal Budget 2026-27

Presented on June 12, 2026

By finance minister Muhammad Aurangzaib

Total outlay: Rs 18.771 trillion

Defense: Rs 3.000 trillion

FBR Tax Revenue Target: Rs 15.264 trillion

Inflation Target: 8.2%

***

Explanation

About Federal Budget 2026-27

Presented on June 12, 2026

By finance minister Muhammad Aurangzaib

Total outlay: Rs 18.771 trillion

Defense: Rs 3.000 trillion

FBR Tax Revenue Target: Rs 15.264 trillion

Inflation Target: 8.2%

***

Explanation

The party that won the most seats in the 2026 Gilgit-Baltistan Assembly election was the Pakistan Peoples Party (PPP).

PPP won the most seats, with 10 out of 24 elected seats.

The PML-N secured second position.

Elections held on 7 June 2026.

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Explanation

• Pakistan hosted a quadrilateral diplomatic meeting in March 2026 with Saudi Arabia, Turkiye, and Egypt.
• The meeting focused on regional cooperation and Middle East stability.
• It aimed to strengthen diplomatic and economic ties among participating countries.
• Security and post-conflict coordination were key discussion points.

Last verified on 14-06-2026

Explanation

• Saudi Arabia wants a non-aggression pact modeled after the Helsinki Accords between Iran and Middle Eastern countries after the Iran war.
• The idea aims to reduce regional tensions and ensure long-term stability in the Middle East.
• It is inspired by the 1975 Helsinki Accords in Europe.
• The proposal focuses on preventing future conflicts and improving security cooperation.

Last verified on 14-06-2026

Explanation

• Pakistan Air Force Day (PAF) is celebrated on 7 September every year.
• Due to honor the achievements and sacrifices of the PAF in the Indo-Pakistani War of 1965.
• It is observed one day after Defence Day.

Additional information:

• 6 September: Defence Day (commemorates Pakistan Army’s role in 1965 war)
• 8 September: Navy Day (commemorates Pakistan Navy services)

Last verified on 13-06-2026