Overseas Pakistani Journalists Discuss Federal Budget 2026-27 in Jeddah
JEDDAH (By Amir Muhammad Khan): Representatives of the Pakistan Journalists Forum (PJF) Jeddah and Pak Media Forum Riyadh held a meeting in Jeddah to discuss Pakistan’s Federal Budget 2026-27, its economic implications, and the challenges facing ordinary citizens and overseas Pakistanis.
During the meeting, participants listened to the Finance Minister’s budget speech and exchanged views on various aspects of the budget, including public welfare measures, economic reforms, taxation policies, inflation, employment opportunities, and relief initiatives.
The participants noted that overseas Pakistanis continue to play a vital role in supporting the national economy through record remittances sent to Pakistan every year. They observed that expatriates contribute with the expectation that their families back home will enjoy improved living standards and economic stability. However, rising inflation and increasing living costs have created significant financial difficulties for families across the country.
Speakers pointed out that while government officials frequently acknowledge the contribution of overseas Pakistanis, meaningful incentives and practical benefits for expatriates remain limited. They emphasized the need for policies that recognize and support the role of overseas Pakistanis more effectively.
During the discussion, participants observed that Prime Minister Shehbaz Sharif had presented the budget while considering the conditions and requirements of the International Monetary Fund (IMF). They described the effort as a challenging but necessary step, stressing that the success of the budget would depend largely on the effective implementation of policies and the performance of relevant institutions.
The participants highlighted the importance of transparent governance, accountability, and equal enforcement of laws. They stated that justice is meaningful only when it is both delivered and visibly seen to be delivered.
Expressing concern over economic conditions, participants said that inflation, increasing electricity and gas tariffs, and limited employment opportunities continue to place heavy pressure on ordinary citizens. They argued that despite claims of economic improvement, many families are struggling with declining purchasing power and rising household expenses.
Members also questioned the extent of relief provided for unemployed individuals and daily wage earners, noting that while the budget includes benefits for government employees and salaried workers, rising market prices affect all segments of society equally.
While welcoming the increase in the minimum wage, participants stressed that sustainable relief requires controlling inflation and reducing the cost of essential goods rather than relying solely on salary increases. They argued that wage increases lose their effectiveness if inflation continues to rise simultaneously.
Commenting on the political debate surrounding the budget, some participants suggested that the initial reservations expressed by coalition partners appeared to be part of a political negotiation process, as support was ultimately secured after discussions.
The participants expressed hope that the government would successfully achieve its revenue and tax collection targets and meet the broader economic objectives outlined in the budget. They said that improved economic performance could help reduce inflation, create employment opportunities, and enhance public services.
The meeting also acknowledged the role of Pakistan’s armed forces in safeguarding national security and conducting operations against militant threats. Participants emphasized that alongside security concerns, the government must focus greater attention on addressing public issues, including inflation, unemployment, and economic hardship.
The meeting was attended by Amir Muhammad Khan, Maroof Hussain, Khalid Cheema, Waqar Naseem Wamiq, Ilyas Rahim, Zakaullah Mohsin, Ajmal Minhas, and other members of the Pakistani media community in Saudi Arabia.
