2016–17 Pakistan federal budget

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2016–17 Pakistan federal budget

The 2016–17 Pakistan federal budget, presented on June 3, 2016, by Finance Minister Ishaq Dar, aimed to strengthen the country's economy amid ongoing challenges, including regional tensions with India. The budget was characterized by a commitment to infrastructure development, social welfare programs, and defense spending, reflecting Pakistan’s strategic priorities in response to its security environment. The total outlay was approximately PKR 4.9 trillion, with significant allocations for the China-Pakistan Economic Corridor (CPEC). The budget also highlighted ongoing efforts to stabilize economic growth while managing fiscal deficits. Relations with India influenced various budgetary provisions, particularly in defense, amid ongoing border tensions.