
Given a significant drop in citizens' buying power owing to the fast-growing inflation, the budget for the fiscal year 2025-26 has also brought a slight sigh of relief for inflation-ridden citizens.
The budget for FY26, presented by Federal Minister for Finance Muhammad Aurangzeb, features significant reductions in regulatory duties, cutting them between 2% and 5% to make numerous imported items more affordable.
Receiving a massive decline in regulatory duties, the wide-ranging list of such items includes daily essentials and food products.
More than 600 food and beverage products are expected to get cheaper following the implementation of this budget. Items such as imported chocolates, toffees, candies, lollipops, biscuits, jellies, marmalade, cheese, butter, honey, and beverages will also be on the beneficiary end of the lowered duties, as reported by ARY News.
Besides, the prices of imported milk cream, flavoured milk, condensed milk, ketchup, mayonnaise, ice cream, and snacks like papadum (papad), nimco, and chips are also expected to fall.
The budget 2025-26 also provides significant relief to women, easing the affordability of nearly all makeup and cosmetic products. This includes beauty gear, hair styling items, blush, mascara, lotions, and perfumes.
Overall, the budget for FY26 is aimed at minimising the financial burden on consumers by making imported goods more accessible and reducing inflationary pressures.