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Federal Budget 2026–27 Pakistan – Key Facts & MCQs

Study Pakistan’s Federal Budget 2026–27 with focus on total outlay, revenue, taxation, fiscal deficit, PSDP, defence, debt servicing, subsidies, provincial transfers and major policy measures. Designed for CSS, PMS, PPSC, FPSC and other competitive exams with exam-oriented facts and MCQs.

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Federal Budget 2026–27 Pakistan – Key Facts &

Federal Budget 2026–27 Pakistan – Key Facts & MCQs With Answers

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CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Select the correct statement regarding Interest/mark-up payments.
A. It is Rs 1.169 trillion.
B. It is Rs 6.983 trillion.
C. It is Rs 8.054 trillion.
D. It is Rs 3.000 trillion.
Correct Answer: C
Interest payments are budgeted at Rs 8.054 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Select the correct statement regarding Federal PSDP.
A. It is Rs 1.000 trillion.
B. It is Rs 1.276 trillion.
C. It is Rs 1.607 trillion.
D. It is Rs 682.485 billion.
Correct Answer: A
The Federal PSDP for FY2026-27 is Rs 1 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Select the correct statement regarding Development and net lending.
A. It is Rs 1.276 trillion.
B. It is Rs 1.794 trillion.
C. It is Rs 2.034 trillion.
D. It is Rs 1.000 trillion.
Correct Answer: A
Development and net lending are budgeted at Rs 1.276 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Select the correct statement regarding Current expenditure.
A. It is Rs 18.771 trillion.
B. It is Rs 1.276 trillion.
C. It is Rs 8.054 trillion.
D. It is Rs 17.495 trillion.
Correct Answer: D
Current expenditure is budgeted at about Rs 17.495 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Select the correct statement regarding Net federal revenue receipts.
A. It is Rs 11.751 trillion.
B. It is Rs 8.848 trillion.
C. It is Rs 15.264 trillion.
D. It is Rs 18.771 trillion.
Correct Answer: A
After the provincial share, net federal revenue receipts are Rs 11.751 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Select the correct statement regarding Provincial share from federal revenues.
A. It is Rs 7.020 trillion.
B. It is Rs 8.848 trillion.
C. It is Rs 5.336 trillion.
D. It is Rs 11.751 trillion.
Correct Answer: B
The budget projects Rs 8.848 trillion as the provincial share.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Select the correct statement regarding Gross revenue receipts.
A. It is Rs 11.751 trillion.
B. It is Rs 20.600 trillion.
C. It is Rs 18.771 trillion.
D. It is Rs 15.264 trillion.
Correct Answer: B
Gross revenue receipts combine FBR taxes and non-tax revenue and are budgeted at Rs 20.600 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Select the correct statement regarding Non-tax revenue target.
A. It is Rs 7.020 trillion.
B. It is Rs 2.680 trillion.
C. It is Rs 5.336 trillion.
D. It is Rs 4.012 trillion.
Correct Answer: C
Non-tax revenue is budgeted at about Rs 5.336 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Select the correct statement regarding FBR tax revenue target.
A. It is Rs 12.983 trillion.
B. It is Rs 8.848 trillion.
C. It is Rs 20.600 trillion.
D. It is Rs 15.264 trillion.
Correct Answer: D
FBR tax revenue is budgeted at Rs 15.264 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Select the correct statement regarding Total budget framework/outlay for FY2026-27.
A. It is Rs 17.495 trillion.
B. It is Rs 18.771 trillion.
C. It is Rs 15.264 trillion.
D. It is Rs 20.600 trillion.
Correct Answer: B
The FY2026-27 federal budget framework shows total resources/expenditure of Rs 18.771 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Which of the following is correctly associated with Direct taxes target?
A. Rs 7.613 trillion
B. Rs 1.651 trillion
C. Rs 4.927 trillion
D. Rs 7.651 trillion
Correct Answer: A
Direct taxes are budgeted at Rs 7.613 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Which of the following is correctly associated with Privatisation proceeds?
A. Rs 813 billion
B. Rs 276 billion
C. Rs 430 billion
D. Rs 161 billion
Correct Answer: D
Privatisation proceeds are budgeted at Rs 161 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Which of the following is correctly associated with Non-bank borrowing (NSSs and others)?
A. Rs 4.012 trillion
B. Rs 2.034 trillion
C. Rs 274 billion
D. Rs 813 billion
Correct Answer: B
Non-bank borrowing is budgeted at Rs 2.034 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Which of the following is correctly associated with Bank borrowing through T-bills, PIBs and Sukuk?
A. Rs 5.772 trillion
B. Rs 2.034 trillion
C. Rs 813 billion
D. Rs 4.012 trillion
Correct Answer: D
Bank borrowing in the at-a-glance resource framework is Rs 4.012 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Which of the following is correctly associated with Net external financing?
A. Rs 813 billion
B. Rs 161 billion
C. Rs 2.034 trillion
D. Rs 4.012 trillion
Correct Answer: A
Net external financing is budgeted at about Rs 813 billion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Which of the following is correctly associated with Nominal GDP used in budget estimates?
A. Rs 151.000 trillion
B. Rs 143.604 trillion
C. Rs 126.870 trillion
D. Rs 129.567 trillion
Correct Answer: B
Nominal GDP in the FY2026-27 budget framework is Rs 143.604 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Which of the following is correctly associated with Primary surplus target as share of GDP?
A. 1.0% of GDP
B. 2.0% of GDP
C. 3.6% of GDP
D. 2.5% of GDP
Correct Answer: B
The budget targets a primary surplus of 2.0% of GDP.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Which of the following is correctly associated with Overall fiscal deficit target as share of GDP?
A. 3.6% of GDP
B. 2.0% of GDP
C. 3.9% of GDP
D. 3.0% of GDP
Correct Answer: A
The overall fiscal deficit target is 3.6% of GDP.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Which of the following is correctly associated with Federal budget deficit?
A. Rs 7.020 trillion
B. Rs 8.848 trillion
C. Rs 6.046 trillion
D. Rs 5.226 trillion
Correct Answer: A
The federal budget deficit is Rs 7.020 trillion.
CSS - PMS - CCE - PCS - Current Affairs (C.A) Federal Budget 2026–27
Which of the following is correctly associated with Provision for emergency and others?
A. Rs 430 billion
B. Rs 161 billion
C. Rs 1.091 trillion
D. Rs 276 billion
Correct Answer: A
The budget provides Rs 430 billion for emergency and other provisions.
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