FBR sources say that in an important meeting held to increase tax revenue due to tensions in the Middle East, the FBR presented various tax proposals to Prime Minister Mian Shahbaz Sharif, which the Prime Minister rejected. According to FBR sources, the Prime Minister said that the public is worried about oil prices, so do not think of imposing more taxes or bringing a mini-budget. According to sources, the Prime Minister has ordered the FBR to conduct detailed consultations on the budget proposals due to the tense situation in the Middle East. There is a possibility that important targets including inflation and fiscal deficit will be affected in the upcoming budget. The three-year budget strategy of current account deficit may adversely affect the targets.

Source: The Patriot April 07, 2026 19:49 UTC