Budget 2026-27 Targets Rs5 Trillion Non-Tax Revenue Collection

ISLAMABAD: (Web Desk) – The federal government is considering a non-tax revenue target of Rs5 trillion for the 2026-27 fiscal year as part of its efforts to strengthen public finances and support economic stability.

Despite the ambitious goal, authorities continue to face significant challenges in recovering outstanding dues from provinces and various sectors. Uncollected payments exceeding Rs400 billion have emerged as a major concern for fiscal management and budgetary discipline.

According to official estimates, the government has yet to recover Rs417 billion related to gas infrastructure charges. Additional outstanding amounts include Rs171 billion from the fertilizer sector and Rs82 billion from the CNG industry.

The captive power and textile sectors collectively owe around Rs76 billion, while Karachi Electric has pending liabilities of approximately Rs32 billion. Furthermore, provincial governments have yet to pay Rs283 billion in interest-related obligations.

To address these gaps, the government has prepared a strategy aimed at improving non-tax revenue collection and enhancing enforcement mechanisms in the coming fiscal year.

At the same time, Budget 2026-27 includes an ambitious employment generation plan targeting the creation of two million jobs through higher investment levels and stronger economic activity.

Official documents indicate that the services sector is expected to contribute the largest share of new employment opportunities, with around 1.1 million jobs projected during the next fiscal year.

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The industrial sector is forecast to generate nearly 500,000 jobs, while the agriculture sector is expected to create approximately 400,000 new positions.

Government officials believe that sustained job growth will support broader economic expansion and help transition the country toward a more employment-focused development model.

Authorities say the employment and revenue targets will be pursued through policy reforms, investment incentives, and sector-specific initiatives outlined in the upcoming budget framework.