ISLAMABAD: The Federal Budget 2026-27 has set an ambitious target of creating 2 million new jobs in the upcoming fiscal year through increased investment and improved economic growth, according to official documents.
The employment generation plan focuses on expanding opportunities across the services, industrial, and agricultural sectors as part of a broader strategy to strengthen job-led economic growth.
According to the document, around 1.1 million jobs are expected to be created in the services sector during the next fiscal year, making it the largest contributor to new employment opportunities.
The industrial sector is projected to generate approximately 500,000 jobs, while the agriculture sector is expected to provide around 400,000 new employment opportunities.
Officials said the rising trend of job creation is expected to support overall economic growth and help shift the economy towards a more employment-driven model.
The government has stated that the targets will be achieved through policy reforms, investment incentives, and sector-specific development initiatives outlined in the new budget framework.
