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Tag: Fiscal Deficit

fiscal deficit
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.

Finance Division report
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.

India
World
  • Reuters
  • Jan 27, 2025
India to ditch privatisation plans, pour billions in state-run firms

Saudi
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.

Pakistan govt debt
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.

S&P global ratings Pakistan
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.

GDP
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.

Pakistan's debt update
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.

Pakistan petroleum import bill
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.

Govt debt
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).

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