State Bank of Pakistan (SBP) Governor Jameel Ahmad expects Pakistan’s economy to grow up to 4.75% in fiscal year 2026, surpassing the IMF’s recent forecast. Ahmad argued that the recovery is broader and more durable than headline export data suggest. His outlook contrasts with the IMF’s downgrade, which incorporated flood-related assessments. The SBP raised its […]
IMF Pakistan outlook
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. […]