FY27 Budget Outlook: IMF Commitments Narrow Pakistan’s Space for Broad Economic Relief
Pakistan’s FY27 federal budget is expected to prioritise fiscal discipline, IMF-linked reforms and revenue generation, leaving limited room for broad public relief despite improving economic indicators.
Pakistan Social Protection Spending Falls Despite IMF Commitments in FY26
Pakistan’s social protection spending declined by 7.5% to Rs144.9 billion during July–November FY26 under BISP, despite IMF commitments to expand cash transfers, according to the Ministry of Finance.