Pakistan Targets $15 Billion Foreign Financing as IMF Seeks Faster Energy Reforms
Pakistan expects $15 billion in foreign financing this fiscal year while the IMF urges faster energy reforms and compliance with circular debt targets.
Provinces Legally Bound to Improve Tax Collection Under IMF Fiscal Framework
Provinces are now legally required to strengthen their own tax collection under a fiscal agreement with the federal government, while the Federal Board of Revenue remains on target for FY27.
Sindh Assembly Passes Massive Rs3.562 Trillion Provincial Budget Amid Opposition Protests
The Sindh Assembly has approved the 2026-27 provincial budget worth 3.562 trillion rupees, rejecting all opposition cut motions and establishing a new agricultural super tax framework.
Federal Administration Presses Provinces to Mobilize Agriculture Income Tax Collections Amid Fiscal Crises
The federal government urges provincial administrations to expand their own resource revenues and enforce agricultural income taxes to meet critical international benchmarks.
Pakistan’s Federal Tax Growth Outpaces Provinces as Revenue Gap Widens
Pakistan’s latest tax data shows strong federal revenue growth but weak provincial tax performance, with provinces collecting just 0.85% of GDP in FY25, far below potential, highlighting challenges in fiscal federalism.
Pakistan’s Federal Tax Growth Outpaces Provinces as Revenue Gap Widens
Pakistan’s latest tax data shows strong federal revenue growth but weak provincial tax performance, with provinces collecting just 0.85% of GDP in FY25, far below potential, highlighting challenges in fiscal federalism.