Tag Archives: Low Fiscal Deficit

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 …