The United Nations Economic and Social Commission for Asia and the Pacific UN ESCAP has projected Pakistan’s economic growth at 2.6 percent for fiscal year 2025–26 and 3.1 percent for FY27. The report highlights gradual recovery trends while also noting structural challenges that continue to affect long-term economic stability and inclusive development in the country. […]
fiscal deficit Pakistan
Pakistan records historic debt increase
Islamabad: Pakistan’s public debt has recorded a sharp rise during the first two years of the current government, according to official data. The increase highlights growing fiscal pressure on the economy. The figures were released by the State Bank of Pakistan. According to the State Bank, federal government debt increased by Rs15,072 billion between March […]
IMF flags Pakistan’s tax growth slowdown
The International Monetary Fund has warned that Pakistan’s federal tax revenue is likely to remain largely stagnant over the next five years, despite recent improvements in the overall tax-to-GDP ratio. Although fiscal reforms raised collections in FY25, the Fund believes future revenue momentum will increasingly depend on stronger provincial tax performance rather than federal expansion. […]
Pakistan Revises Budgetary Targets Following Devastating Flash Floods
ISLAMABAD – In the aftermath of the recent flash floods, Pakistan and the International Monetary Fund (IMF) are preparing to adjust the country’s budgetary and macroeconomic targets for the current fiscal year, according to The News. Initial assessments had suggested that the floods might not result in major economic losses, but the Rapid Need Assessment […]