Finance Minister Aurangzeb Calls for Wider Tax Base to Support Pakistan’s Economic Growth
Finance Minister Muhammad Aurangzeb says expanding Pakistan’s tax base and improving enforcement are important for economic growth, fiscal stability and stronger public finances.
Pakistan Maintains Rs196.3bn Primary Surplus as Interest Payments Drive Fiscal Deficit
Pakistan maintained a Rs196.3 billion primary surplus in July FY2027, while higher interest payments pushed the consolidated fiscal deficit to Rs596.6 billion.
SBP Holds Policy Rate at 11.5% as Inflation and Global Risks Shape Monetary Policy
The State Bank of Pakistan keeps its policy rate unchanged at 11.5%, citing rising inflation, Middle East tensions, oil prices, supply disruptions and contained external account pressures.
Fitch Assigns B Minus Rating To Pakistan’s Proposed Dollar Eurobond
Fitch Ratings has assigned a B minus rating to Pakistan’s proposed US dollar denominated bond, with an RR4 Recovery Rating, while highlighting external liquidity, fiscal consolidation and governance risks.
Pakistan Economy Set To Sustain Recovery Momentum In FY27 On Stronger Macro Fundamentals
Pakistan entered FY27 with stronger fiscal and external indicators, rising remittances and exports, improving technology exports and continued macroeconomic stability supporting expectations of sustained economic recovery.
Pakistan’s Fiscal Stability Improves, But Growth Costs Raise Fresh Concerns
Pakistan’s fiscal indicators have improved with primary surpluses and lower debt servicing, but higher taxes, weak investment and restrained development spending raise concerns.
Moody’s Upgrades Pakistan Sovereign Rating to B3 from Caa1
Moody’s upgrades Pakistan’s sovereign credit rating to B3 from Caa1 with a stable outlook, citing improved governance, stronger reserves, fiscal gains and easing external risks.
Pakistan’s Fiscal Deficit Narrows To 2.6% Of GDP In FY2026 On Higher Revenue And Lower Spending
Pakistan’s fiscal deficit narrowed to 2.6% of GDP in FY2026 from 5.4% a year earlier, supported by stronger revenue, lower expenditure and a sharp decline in mark up payments.
Finance Minister Muhammad Aurangzeb Conferred Nishan-i-Imtiaz For Public Service
Finance Minister Muhammad Aurangzeb has been conferred the Nishan-i-Imtiaz in recognition of his public service, economic reforms, fiscal consolidation and efforts to strengthen Pakistan’s economic stability.
Pakistan Posts Rs3.63 Trillion Primary Surplus, Surpasses IMF Target In FY2025-26
Pakistan recorded a Rs3.63 trillion primary budget surplus in FY2025-26, exceeding the IMF target by Rs464 billion as the federal deficit narrowed to Rs4.8 trillion.