
Provinces, Centre, and a Shared Fiscal Bargain
Pakistan’s budget 2026-27 froze Rs 920 billion in provincial development funds, the arrangement presented as temporary now has no fixed end date.

Pakistan’s budget 2026-27 froze Rs 920 billion in provincial development funds, the arrangement presented as temporary now has no fixed end date.

With Rs. 18.77 trillion in total expenditure and an ambitious FBR tax target of Rs. 15.26 trillion, Pakistan’s budget walks a fiscal tightrope.

The economy grew by 3.7%, the highest in four years, but every major target except services was missed in the outgoing fiscal year.

This is the 12th consecutive year global peacefulness has deteriorated, with more active state conflicts than at any point since World War II.

Faisal Khan charged one-tenth of what rivals charged and gave free education to the poor; he is now missing while police search for him.

The Supreme Court ruled acid attacks worse than murder. Days earlier, a doctor was attacked in Quetta’s largest hospital during her shift.

36 of 38 JAAC demands were accepted, elections are set for July 27, and AJK’s Supreme Court has ruled.

President Xi arrives in Pyongyang one day after North Korea unveiled a new nuclear plant, the timing is deliberate as Beijing is reasserting its Korean card.

A joint communique co-signed by the EU mentioned Kashmir alongside Palestine, India called it unwarranted.

Ninety-five days into the Iran war, a tentative agreement sits unsigned on both sides. The guns are still firing. The strait is still closed.