News Detail
Event Title: Senator Saleem Mandviwalla, Chairman Senate Standing Committee on Finance and Revenue presiding over a meeting of the committee at Parliament House, Islamabad.
Event Date: 2026-05-06
Senate Standing Committee on Finance and Revenue convenes pre-budget consultative session for FY2026-27
The Senate Standing Committee on Finance and Revenue met today at Parliament House under the chairmanship of Senator Saleem Mandiwalla to deliberate on key economic priorities ahead of the upcoming federal budget for the financial year 2026-27. The session was convened as part of the committee’s pre-budget consultations, with a central focus on incorporating stakeholder input well in advance of the budget’s formulation.
At the outset, the chairman emphasized that all stakeholders had been taken on board prior to the presentation of the annual budget to address anomalies and challenges proactively. He stated that this early engagement is critical to ensuring that unresolved issues are identified and addressed before the budget is finalized.
He reiterated that the Senate Standing Committee on Finance and Revenue as a yearly practice consistently engages with all relevant stakeholders ahead of the budget process and has once again brought them together before the laying of the Finance Bill 2026-27.
The chairman further underlined that the objective of these consultations is to bridge the gap between government authorities, lawmakers, budget planners, legislators, the business community, and consumers. He noted that the initiative aims to build consensus and develop coordinated solutions to the challenges faced by the business sector and the general public. He added that the broader goal is not only to promote trade, imports, and exports, but also to ensure the smooth functioning of businesses, curb corruption, eliminate unnecessary dues, and maximize national revenue generation.
The meeting was attended by Senators Talha Mahmood, Abdul Qadir, Dilawar Khan, Manzoor Ahmed Kakar, Ahmad Khan, and Anusha Rehman Ahmad Khan, who joined via video link. Senior officials from the Ministry of Finance, the Federal Board of Revenue, and other relevant stakeholders were also present.
Representatives from leading chambers of commerce and industry across the country participated in the session and submitted their written recommendations. These included delegations from the Federation of Pakistan Chambers of Commerce and Industry, Karachi Chamber of Commerce and Industry, Lahore Chamber of Commerce and Industry, Rawalpindi Chamber of Commerce and Industry, Faisalabad Chamber of Commerce and Industry, Sialkot Chamber of Commerce and Industry, as well as chambers representing Quetta, Gujranwala, Attock, Khyber Pakhtunkhwa, the former FATA and PATA regions, Sarhad, and Gujrat, among others.
During the proceedings, committee members shared their views and proposals aimed at strengthening the national economy and providing relief to the general public. Stakeholders from across the country presented detailed proposals addressing a range of issues including taxation, hidden charges, levies, import and export regulations, trade facilitation, and investor-related concerns.
An open floor discussion was held, allowing participants to highlight sector-specific challenges and offer recommendations. The committee engaged in detailed deliberations on these submissions with a view to identifying practical and implementable solutions.
Following comprehensive consultations and after hearing all stakeholders, the Senate Standing Committee compiled the written proposals and formally forwarded them to the Ministry of Finance and the Federal Board of Revenue. The relevant authorities have been tasked with reviewing the recommendations, incorporating feasible solutions