Pakistan FBR Faces Rs457 Billion Revenue Shortfall Despite 11% Growth
The Federal Board of Revenue collected Rs8.121 trillion in July–February FY2026, falling short of its Rs8.55 trillion target by Rs457 billion, as income tax and sales tax collections lagged despite overall year-on-year growth.
Pakistan records fiscal surplus during Jul–Nov FY2026
Pakistan achieved a consolidated fiscal surplus of 0.8% of GDP during Jul–Nov FY2026, supported by revenue growth and lower mark-up payments.
Pakistan Records $594 Million Current Account Deficit in Q1 FY26 Despite September Surplus
Pakistan posted a current account deficit of $594 million in the first quarter of FY26 despite achieving a surplus in September, reflecting ongoing trade imbalances alongside stronger remittances and export growth.