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The Express Tribune·2 min read·medium

PSX soars 2,700 points amid budget buzz

PSX soars 2,700 points amid budget buzz
AI Summary

The Pakistan Stock Exchange saw a significant rally following the announcement of the 2026-27 federal budget. The budget includes tax relief for salaried workers and a projected 4% GDP growth, despite cuts to development spending and subsidies.

Why it matters

Economic policy shifts in Pakistan directly impact regional market stability and the financial well-being of the local workforce.

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Inflation-shielding subsidy budget axed by 8%

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Confidence: 80%

The report provides a factual summary of budget highlights and market reactions without overt editorializing.

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