Fiscal Deficit

Pakistan’s Finance Minister Muhammad Aurangzeb presented the federal budget 2025-26 with a Rs17.573 trillion outlay, targeting 4.2% GDP growth, 7.5% inflation, major tax reforms, enhanced social spending, and defence allocations, …

Islamabad: The World Bank has issued a stark warning, projecting that nearly 10 million Pakistanis could face acute food insecurity during the current fiscal year, primarily due to economic challenges …

The Monetary Policy Committee (MPC) convened on March 18, 2024, and decided unanimously to maintain the policy rate at 22 percent. The Committee acknowledged a notable decline in inflation from …

Pakistan sustains a huge fiscal deficit of Rs1.974 trillion in seven months of 2022-23 ISLAMABAD: Pakistan has sustained a massive fiscal deficit of Rs 1.974 trillion rupees in the first …

The government spent 2.1 trillion rupees on debt financing while 881 billion rupees were spent on defence in nine months of FY 2021-22.

The eight-month deficit is slightly lower than 3.7pc of GDP or Rs1.613tr of same period last year, with annual deficit of 8.1pc — one of the highest.