Karachi, August 5, 2025: Pakistan has recorded a 9-year low fiscal deficit of 5.38% of GDP in FY25, outperforming both the government’s revised estimate and the IMF’s projection of 5.6%. The improvement is primarily driven by a strong 36% year-on-year (YoY) growth in combined tax and non-tax revenues, against an …

August 05, 2025: Pakistan’s fiscal performance in FY25 has surprised positively, as the country posted a 9-year low fiscal deficit of 5.38% of GDP, outperforming both government and IMF estimates of 5.6%. This marks a significant milestone in fiscal consolidation and is largely credited to impressive growth in revenues. The …

Islamabad, August 4, 2025: Federal Minister for Law, Justice, and Human Rights, Senator Azam Nazeer Tarar, expressed strong support for the people of Indian Illegally Occupied Jammu and Kashmir (IIOJK) on Kashmir Siege Day. He called August 5, 2019, a dark day when India revoked Articles 370 and 35-A, taking …