President signs Finance Act 2026-27

The long-awaited Finance Act for fiscal year 2026-27 has been signed into law, setting the stage for the implementation of a nearly Rs18.71 trillion federal budget. This move marks the official start of the new financial year on July 1, bringing with it a range of fiscal policies and economic measures aimed at stabilizing the economy and fostering growth. This significant step is crucial as it lays the groundwork for government spending, revenue collection, and economic planning, directly impacting everything from public services to inflation rates and employment opportunities.