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Business

Syed Raza Hassan
Aug 05, 2025

Pakistan records 9-year low fiscal deficit of 5.38% in FY25

Pakistan posted a nine-year low fiscal deficit of 5.38 percent of GDP in FY25, supported by a strong 36 percent year-on-year increase in combined tax and non-tax revenues, compared to an 18 percent rise in total expenditures, according to a report by Topline Securities released on Tuesday.

Business

Web Desk
Mar 25, 2025

March inflation likely to land between 1-1.5pc, Finance Division report says

Finance Division report shows inflation at 1.5 per cent for February, reduction in fiscal deficit and current account remaining in surplus.

World

Reuters
Jan 27, 2025

India to ditch privatisation plans, pour billions in state-run firms

World

Reuters
Nov 27, 2024

Saudi 2025 budget foresees $27 billion fiscal deficit

The deficit is in line with a preliminary government projection made in September and would equate to about 2.3 per cent of gross domestic product.

Business

Web Desk
Sep 06, 2024

Pakistan’s total central govt debt surges by over 12 per cent YoY

The central government’s total debt increased by 12.67 per cent year-on-year (YoY), reaching Rs69.6 trillion in July 2024.

Business

Web Desk
Jul 30, 2024

S&P Global maintains ‘CCC+’ credit rating for Pakistan

S&P Global confirmed Pakistan’s long-term sovereign credit rating at “CCC+” on Tuesday, attributing this decision to the country’s reliance on external aid to manage its debt obligations amid an ongoing economic crisis.

Business

Web Desk
Jul 30, 2024

Pakistan’s fiscal deficit narrows to 6.8 per cent of GDP

In the fiscal year 2023-2024, Pakistan’s fiscal deficit improved slightly to 6.8 per cent of GDP, compared to 7.7 per cent in the previous year, according to the Finance Ministry.

Business

Web Desk
Jul 05, 2024

International, domestic borrowing push Pakistan’s debt up by 15.01 per cent

The central government’s total debt surged by 15.01 per cent year-on-year, reaching Rs67.82 trillion in May 2024.

Business

Web Desk
Jun 12, 2024

Budget 2024-25: govt unveils major hike in petroleum levy limit

Finance Minister presented the budget for the upcoming fiscal year on Wednesday, announcing a substantial increase in the petroleum levy.

Business

Web Desk
Jun 07, 2024

Extensive borrowing: central govt debt surges by 12.77 per cent

The total debt of Pakistan’s central government surged by 12.77 per cent year-on-year, reaching Rs66.08 trillion in April 2024, compared to Rs58.6 trillion in April 2023, according to data released by the State Bank of Pakistan (SBP).