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Federal Budget 2026-27 Questions

Home Current Affairs Federal Budget 2026-27
Q. Who presented Pakistan's Federal Budget for FY 2026-27?
Shaukat Tarin
Hammad Azhar
Ishaq Dar
Muhammad Aurangzeb

Explanation:

Federal Minister for Finance and Revenue Muhammad Aurangzeb presented the budget in the National Assembly on June 12, 2026.

Q. What was the total outlay of Pakistan's Federal Budget 2026-27?
Rs14.5 trillion
Rs22 trillion
Rs17.57 trillion
Rs18.771 trillion

Explanation:

The budget had a total outlay of Rs18.771 trillion, up about 7 percent from the Rs17.57 trillion budgeted for FY26.

Q. What GDP growth target was set in Budget 2026-27?
6 percent
5 percent
3.5 percent
4 percent

Explanation:

The budget set an economic growth target of 4 percent for FY 2026-27.

Q. What inflation rate was expected in Budget 2026-27?
5 percent
8.2 percent
4.5 percent
12 percent

Explanation:

Inflation was expected at 8.2 percent for the fiscal year.

Q. How much was allocated for defence affairs and services in Budget 2026-27?
Rs2,000 billion
Rs3,000 billion
Rs4,500 billion
Rs1,500 billion

Explanation:

The budget allocated Rs3,000 billion (Rs3 trillion) for defence, an increase of about 15.6 to 18 percent from the revised FY26 allocation.

Q. How much was allocated for the Federal Public Sector Development Programme (PSDP) in Budget 2026-27?
Rs2,000 billion
Rs1,000 billion
Rs750 billion
Rs500 billion

Explanation:

The federal PSDP was allocated Rs1 trillion (Rs1,000 billion).

Q. What was the FBR tax collection target in Budget 2026-27?
Rs18,000 billion
Rs10,000 billion
Rs12,000 billion
Rs15,264 billion

Explanation:

Tax revenue (FBR) was targeted at Rs15,264 billion.

Q. How much non-tax revenue was projected in Budget 2026-27?
Rs5,336 billion
Rs3,000 billion
Rs4,000 billion
Rs7,000 billion

Explanation:

Non-tax revenue was projected at Rs5,336 billion.

Q. What was the fiscal deficit target in Budget 2026-27?
Rs7.02 trillion
Rs10 trillion
Rs3 trillion
Rs5 trillion

Explanation:

A fiscal deficit of Rs7.02 trillion was targeted in the budget.

Q. How much was set aside for markup (interest) payments in Budget 2026-27?
Rs5,000 billion
Rs6,500 billion
Rs8,045 billion
Rs10,000 billion

Explanation:

Rs8,045 billion was set aside for markup payments, according to the finance minister's budget speech.

Q. What was the pension allocation in Budget 2026-27?
Rs800 billion
Rs500 billion
Rs2 trillion
Rs1.16 trillion

Explanation:

Pension expenditures were set at approximately Rs1.16 trillion to Rs1.2 trillion.

Q. How much was allocated for subsidies in Budget 2026-27?
Rs1.091 trillion
Rs750 billion
Rs500 billion
Rs2 trillion

Explanation:

Subsidies were allocated Rs1.091 trillion.

Q. Which tax was abolished in Budget 2026-27?
Customs duty
Sales tax
Income tax
Export development surcharge

Explanation:

An export development surcharge of 0.25 percent on export income was abolished.

Q. How much was allocated for Benazir Income Support Programme (BISP) in Budget 2026-27?
Rs500 billion
Rs600 billion
Rs1,200 billion
Rs838 billion

Explanation:

Rs838 billion was allocated for the Benazir Income Support Programme.

Q. The FY 2026-27 budget was the ruling coalition's how-many-th budget in 27 months?
Second
Third
Fourth
First

Explanation:

It was the ruling coalition's third budget in 27 months.

Q. What GDP growth was recorded in the outgoing fiscal year (FY 2025-26) before Budget 2026-27?
2.5 percent
3.7 percent
5 percent
6 percent

Explanation:

GDP growth of 3.7 percent was recorded in the outgoing fiscal year, with the economy expanding to $452 billion.

Q. What was the policy rate reduced to before Budget 2026-27, down from 22 percent?
8 percent
13 percent
11.5 percent
15 percent

Explanation:

The policy rate had been reduced from 22 percent to 11.5 percent.

Q. What was the tax-to-GDP ratio improved to before Budget 2026-27?
12 percent
8.5 percent
10.3 percent
15 percent

Explanation:

The tax-to-GDP ratio improved from 8.5 percent to 10.3 percent.

Q. What was the average inflation recorded before Budget 2026-27, compared to 23.4 percent a year earlier?
7 percent
10 percent
4.5 percent
2 percent

Explanation:

Inflation averaged 4.5 percent compared to 23.4 percent a year earlier.

Q. Workers' remittances reached how much during the first 11 months of FY 2025-26?
$30 billion
$25 billion
$38 billion
$50 billion

Explanation:

Workers' remittances reached $38 billion during the first 11 months, expected to rise to $41 billion by year-end.

Q. What was the per-capita income rise reported before Budget 2026-27?
$2,500
$1,500
$1,901
$2,000

Explanation:

Per-capita income rose to $1,901 from $1,751.

Q. What was the name of the military operation cited in the budget speech as a landmark success?
Operation Ghazab lil-Haq
Operation Radd-ul-Fasaad
Operation Bunyan-ul-Marsoos
Operation Zarb-e-Azb

Explanation:

The finance minister termed the success of Operation Bunyan-ul-Marsoos a landmark in national history.

Q. With which country did Pakistan sign a Strategic Mutual Defence Agreement, as mentioned in the budget speech?
UAE
China
Saudi Arabia
Turkey

Explanation:

The finance minister mentioned the signing of a Strategic Mutual Defence Agreement with Saudi Arabia.

Q. What was the size of Pakistan's economy reported before Budget 2026-27?
$350 billion
$452 billion
$400 billion
$500 billion

Explanation:

The economy was reported to have expanded to $452 billion.

Q. Large-Scale Manufacturing (LSM) grew by what percentage in the outgoing fiscal year before Budget 2026-27?
3 percent
6.1 percent
8 percent
4.5 percent

Explanation:

Large-scale manufacturing grew by 6.1 percent, while the services sector grew by 4.1 percent.

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