Pakistan, June 11 -- In the newly announced federal budget 2025-26, the Pakistani government has proposed to continue sales tax exemptions on fertilizers and pesticides, in an attempt to support the agriculture sector, considered the backbone of the economy. Despite this relief, key stakeholders have voiced dissatisfaction, saying many promises remain unfulfilled.

During his budget speech in Parliament, Finance Minister Muhammad Aurangzeb acknowledged that agriculture contributes 24% to Pakistan's GDP. However, he admitted the sector underperformed last year and did not meet its targets. He emphasized that the federal government is committed to helping agriculture stand on its feet again.

Aurangzeb revealed that although agriculture is ...