GDP
Govt Weighs New Tax Agency as FBR Misses Targets Despite Repeated Reforms
The government is considering setting up a new tax collection agency or restructuring the existing system after finding the Federal Board of Revenue’s (FBR) performance…
Government Delays Cost Pakistan $132 Billion in 2023
Pakistan lost an estimated $132 billion in 2023 due to administrative inefficiencies and fragmented government processes, equivalent to 39% of the country’s gross domestic product…
Pakistan Expects Economic Growth to Exceed 4% This Fiscal Year
Pakistan expects its economy to grow by more than 4% during the current fiscal year despite elevated oil prices and ongoing geopolitical tensions in the…
IMF Hands Pakistan Its First Draft Deal: Will Islamabad Sign Off This Week?
Pakistan and the International Monetary Fund (IMF) will begin negotiations on key economic targets after the visiting IMF review mission shared its first draft of…
Massive Import Data Discrepancy Forces PBS Reckoning Ahead of IMF Review
Pakistan Bureau of Statistics (PBS) has revised import data worth up to $30 billion on a monthly and annual basis, removing discrepancies that had a…
ADB Approves $700 Million to Reform Pakistan Insurance Sector
The Asian Development Bank (ADB) has approved a $700 million loan to modernise the struggling insurance sector of Pakistan and reduce significant financial vulnerabilities. Currently,…
How Much Debt Every Pakistani Is Born With
Pakistan public debt has reached Rs97,307 billion, rising sharply from Rs89,774 billion the previous year, marking an increase of Rs7,533 billion in the last 12…
Pakistan Expected to Record Lowest Fiscal Deficit in 21 Years During FY2025-26
Pakistan is projected to post its lowest fiscal deficit in more than two decades during fiscal year 2025-26, with the budget gap estimated at 3.6…
Govt Sets Rs17.1 Trillion Budget as IMF Targets Limit Relief for Public
The federal government will present its upcoming budget for fiscal year 2026-27 on June 5, proposing a total outlay of Rs17,100 billion with a GDP…
Pakistan Economy Grows 3.89% in Q2 FY26 Led by Industrial Sector
Pakistan’s economy recorded a 3.89% growth in the second quarter of FY2025-26, supported largely by improved performance in the industrial and services sectors, according to the…
Pakistan’s GDP Growth Projected at Up to 4.75% in FY26: SBP
Pakistan’s economic outlook has strengthened, with the State Bank of Pakistan (SBP) projecting real GDP growth between 3.75% and 4.75% for FY26, according to its…
Pakistan Records Surprise Fiscal Surplus of Rs 542 Billion in First Half of FY26
Pakistan posted an unexpected fiscal surplus of Rs 542 billion, equal to 0.4% of GDP, in the first half of fiscal year 2026, marking a…
Finance Division Officially Issues Budget Call Circular for FY2026-27
The Finance Division has officially issued the Budget Call Circular (BCC) for the fiscal year 2026-27. This new circular sets a positive economic tone, projecting…
