Fitch to Examine Japan Budget as Takaichi Pushes Growth-Focused Spending
Fitch Ratings will assess Japan’s next fiscal year budget to determine whether Prime Minister Sanae Takaichi can support economic growth while maintaining fiscal discipline and managing public debt.
Punjab’s Budgetary Borrowing Surges to Rs753 Billion in Seven Weeks
Punjab borrowed Rs753.4 billion from banks for budgetary support during the first seven weeks of FY27, rising more than 145% from Rs306.8 billion a year earlier.
FBR Collects Rs1.722 Trillion In First Two Months Of FY27, Beats Target By Rs12 Billion
Federal Board of Revenue collected Rs1.722 trillion in taxes during July and August 2026, exceeding its two-month target by Rs12 billion despite August collections falling short of the monthly target.
Pakistan Retires Record Rs1.2 Trillion Debt Early as Government Steps Up Liability Management
Pakistan’s Ministry of Finance has repaid Rs1.2 trillion to the State Bank of Pakistan ahead of maturity, taking cumulative early domestic debt repayments above Rs5.92 trillion.
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.
Pakistan Economy Faces Growth Risks Despite Expected Economic Uptick
SBP projects stronger economic activity in Pakistan, but structural reform delays, taxation, interest rates, exports and external risks could limit growth.
US National Debt Surpasses $40 Trillion Amid Rising Spending and Interest Costs
The US national debt has surpassed $40 trillion, raising concerns over borrowing costs, federal spending, interest payments and long term fiscal sustainability.
Govt Allocates Rs30 Billion For Interest On PIA’s Rs268.5 Billion Legacy Debt As Privatisation Costs Mount
The federal government has earmarked Rs30 billion in FY2026-27 to cover interest on PIA’s Rs268.5 billion legacy debt, as part of a broader Rs73 billion privatisation contingency provision.
Khurram Schehzad Says Diesel Levy Increase Reflects Phased Return to Budgeted Level
Finance Minister’s Advisor Khurram Schehzad said the recent diesel petroleum levy increase is part of a phased normalization process after a temporary reduction, with the government seeking to meet approved revenue targets while maintaining fiscal stability.
Escalating Sovereign Debt: Government Bank Borrowing Surges to Rs 5.9 Trillion in FY26
State Bank of Pakistan data reveals net government borrowing reached Rs 5.9 trillion in FY26, escalating domestic debt servicing costs to Rs 8 trillion for FY27.