The federal government will present the budget for the fiscal year 2025-26 after consultations with the International Monetary Fund (IMF), sources said.
The sources in the Ministry of Finance told media on Thursday that another IMF delegation is expected to visit Pakistan soon for discussions.
According to officials, both in-person and online consultations with the IMF will continue before finalising the budget, which is set to be presented in the first week of June.
The discussions will cover key economic policies and revenue measures required to align with the IMF’s recommendations.
The sources also revealed that the IMF has agreed to provide limited relief in the real estate sector. Under the new budget, the federal excise duty on the first sale and purchase of property will be removed, while the existing withholding and income tax rates will remain unchanged.
Similarly, the tax rate on property sellers will also stay the same.
