ISLAMABAD: Pakistan’s Ministry of Finance on Monday clarifies assertions regarding the country’s external debt and interest payments following a recent press commentary. Officials said the figures cited in the report require context to accurately reflect Pakistan debt profile. Read More: Pakistan’s debt rises to $138 billion The Ministry stated that Pakistan’s total external debt and liabilities […]
Ministry of finance
Government revises profit rates on National Savings Schemes
The federal government has announced revised profit rates for National Savings Schemes (NSS) effective from November 4, according to a notification issued by the Ministry of Finance. The updated rates include both upward and downward adjustments across several saving instruments, reflecting recent shifts in the financial market. Under the revised structure, Defence Saving Certificates (DSCs) […]
Govt to hold key meeting with provinces
ISLAMABAD: The federal government has scheduled a consultative session with provincial representatives on November 18 to discuss the International Monetary Fund’s (IMF) proposed amendments to the National Finance Commission (NFC) Award, sources revealed on Thursday. According to sources, the meeting — initially planned earlier but postponed due to provincial requests — will focus on the […]
Pakistan’s economic recovery gains pace, inflation under control
Pakistan’s economy is showing clear signs of recovery, according to the latest Monthly Economic Update and Outlook Report released by the Ministry of Finance. The report says that the first quarter of the fiscal year 2025–26 saw steady growth, supported by strong policy measures, fiscal discipline, and structural reforms. It highlights that economic activities remained […]
Pakistan, IMF Continue Virtual Talks Fcuseod on Key Economic Reforms
ISLAMABAD – Virtual negotiations between Pakistan and the International Monetary Fund (IMF) are underway as both sides work to finalize a staff-level agreement, with talks currently centered on four key reform areas, sources said on Saturday. According to officials from the Ministry of Finance, provincial governments have requested more time to implement the agricultural income […]
Government debt jumps 300% in 9 years to Rs80.5 trillion
The Ministry of Finance revealed that government debt has increased by more than 300 percent in the past nine years. Total debt reached a historic high of Rs80.5 trillion by June 2025. This sharp rise highlights the growing financial pressures on the government. The report points to an accelerating borrowing trend over recent years. Consequently, […]
Pakistan’s debt position improves globally, says Finance Ministry
ISLAMABAD: The Ministry of Finance has stated that Pakistan’s debt position has improved when measured by international standards. In a detailed statement, the ministry explained that while absolute debt numbers are higher due to inflation, the more accurate measure is the debt-to-GDP ratio, which has declined from 74% in FY22 to 70% in FY25. This, […]
Govt reduces GP fund return rate to 12.46%
The federal government has lowered the annual return rate on General Provident (GP) Fund deposits to 12.46% for the financial year 2024–25. This move was confirmed through a notification issued by the Ministry of Finance on Friday. It reflects a continuing decline from last year’s 13.97% and 14.22% recorded in 2022–23. This cut in the […]
Finance ministry bans supplementary grants this fiscal year
The Ministry of Finance has once again imposed a ban on issuing supplementary grants during the current fiscal year. It clearly stated that no additional funds will be released beyond the approved budget passed by Parliament. This decision reflects the government’s commitment to controlling unnecessary spending and ensuring better financial discipline. The finance ministry has […]
Finance ministry sounds alarm over Rs 5.9 trillion in govt losses
The latest report from the Ministry of Finance shows that losses in more than 15 government-owned companies have crossed Rs 5.9 trillion. The report reveals a sharp increase in losses during the first six months of the last fiscal year. Pension liabilities also rose, reaching Rs 1.7 trillion. These rising losses add significant pressure on […]