IMF Urges Pakistan to Expand Tax Base and Implement Growth-Oriented Economic Reforms
IMF Pakistan representative Dr. Mahir Binici calls for a broader and fairer tax system, stronger governance, higher health and education spending and structural reforms to support investment and sustainable economic growth.
Pakistan GDP Growth Target 4% in FY2027, Plans Panda Bonds and Sukuk
Finance Minister Muhammad Aurangzeb expects Pakistan’s GDP growth to reach 4% or higher in FY2027 and outlines plans for Panda bonds, Sukuk and new international financing instruments alongside fiscal reforms.
Pakistan Eyes Above 4% Growth as Government Targets $1 Billion in Privatisation Proceeds
Finance Minister Muhammad Aurangzeb expects Pakistan’s economy to grow by more than 4% in the current fiscal year and says privatisation of five to six state-owned entities could raise over $1 billion.
Pakistan, IMF Begin Fourth EFF and Third RSF Reviews for $1.2 Billion
Pakistan and the IMF have started the fourth EFF and third RSF reviews, with successful completion potentially unlocking about $1.2 billion in financing.
S&P Sees More Pakistan Rating Upgrades If Fiscal Deficit Stays Below 3% Of GDP
S&P Global Ratings says Pakistan could secure further sovereign rating upgrades if it keeps the fiscal deficit below 3% of GDP, reduces government debt below 60% and strengthens institutions.
Pakistan FY27 Economic Outlook Improves as SBP Warns of Global Economic Risks
State Bank of Pakistan says Pakistan’s FY27 outlook has improved, with lower inflation and gradual recovery expected, but geopolitical, climate, tariff and reform risks remain.
Asian Development Bank Supports $1 Billion Financing Package Tied to Fiscal and Digital Tax Reforms
The Asian Development Bank enables Pakistan to secure one billion dollars in commercial financing through a policy based guarantee framework tied to fiscal modernization.
Punjab Revenue Authority Scales Service Tax Collection Through Digital Monitoring
Punjab Revenue Authority records a 33% year-on-year growth in sales tax collection for March 2026 driven by administrative reforms and the Large Taxpayer Unit.
World Bank Reaffirms $20 Billion Development Commitment to Pakistan Under Country Partnership Framework
Pakistan and the World Bank reviewed progress under the Country Partnership Framework, with the Bank reaffirming its $20 billion, ten-year development program focused on reforms, resilience, and delivery.
IMF Chief Commends Pakistan’s Economic Reforms, Backs Continuation of IMF Programme
IMF Managing Director Kristalina Georgieva has praised Pakistan’s commitment to difficult economic reforms, citing improved budget discipline and reaffirming IMF support for continued programme engagement.