SBP Raises Pakistan Policy Rate to 12% as Inflation Outlook Worsens
The State Bank of Pakistan raises its policy rate by 50 basis points to 12% as higher energy prices, rising inflation and external financing risks complicate the economic outlook for FY27.
Pakistan Fiscal Improvement 2026: Tax Revenue, Poverty and FBR Reforms
Pakistan has improved tax and revenue collection, but concerns over indirect taxation, low agricultural income tax receipts and economic pressures highlight the need for structural tax reforms and a fairer tax system.
IMF Calls for Pakistan Tax Reforms, Broader Tax Base and Export-Led Growth
The International Monetary Fund has urged Pakistan to broaden its tax base, rationalise concessions and strengthen revenue administration as Finance Minister Muhammad Aurangzeb pushes for sustainable, export-led economic growth.
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.