fiscaldeficit News

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Govt reports fiscal gains, debt falls to 68% of GDP

Finance Minister Muhammad Aurangzeb has highlighted Pakistan’s economic progress despite persistent challenges, citing a 22-year low fiscal deficit, consecutive primary surpluses and rising tax revenues during a panel discussion at the World Bank–IMF Annual Meetings 2026 in Bangkok, Thailand.

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Pakistan reports 22-year low fiscal deficit, 3.7% growth at IMF meeting

Pakistan has reaffirmed its commitment to economic reforms, regional integration and multilateral cooperation while highlighting improvements in fiscal management, economic growth and external stability at a regional meeting with the International Monetary Fund (IMF).

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IMF warns short-term debt could raise government borrowing costs

Governments in advanced economies, the US in particular, should be careful about relying too heavily on short-term debt, because it passes higher borrowing costs through to them faster when inflation surges, the International Monetary Fund (IMF) said on Wednesday, according to the Wall Street Journal.

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Fiscal deficit narrows to Rs6tr in FY25

Pakistan recorded a fiscal deficit of Rs6.17 trillion (-5.4% of GDP) in the fiscal year 2025, as compared to a fiscal deficit of Rs7.2tr (-6.8% of GDP) in the same period of last year, as per data reported by Finance Ministry.

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Pakistan aims to cut fiscal deficit further: Fitch

The draft budget released by Pakistan’s government on 11 June points to further narrowing of the fiscal deficit, following a strong performance in the fiscal year to June 2025 (FY25), says Fitch Ratings.

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Pakistan covered 88% of fiscal deficit domestically in 9MFY24

The Pakistani government managed to cover 88% of its fiscal deficit during the first nine months of the outgoing fiscal year (July-March FY2024)...

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Govt borrows 77% domestically to finance fiscal deficit

The government borrowed around 77% of financing of federal fiscal deficit through domestic sources during the first half of fiscal year 2023-2024...

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Pakistan records Rs3.9tr fiscal deficit in 9MFY24

Pakistan recorded a fiscal deficit of Rs3.902 trillion (-3.7% of GDP) in the first nine months of fiscal year 2024, as compared to a fiscal deficit of...

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Pakistan records primary surplus of Rs1.8tr in 1HFY24

Pakistan recorded a primary surplus of 1.7% of GDP (Rs1.81 trillion) in the first half of the fiscal year 2024 as against a primary surplus of 1.1%...

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Positive shift: Pakistan records primary surplus in 1QFY24

Pakistan turned around in the first quarter of fiscal year 2024, recording a primary surplus of 0.4% of GDP (Rs416.81 billion) as against a primary deficit...

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Latest News
October 19, 2026 at 06:24 PM GMT+05:00

Overseas investors repatriate $307m in September 2026

October 19, 2026 at 06:08 PM GMT+05:00

Bank deposit rate rises by 12bps in Sep

October 19, 2026 at 04:37 PM GMT+05:00

Gold price in Pakistan remain unchanged

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