Pakistan Budget Deficit Hits 856 Billion Rupees Despite Strong Tax Collection and Provincial Surplus
Pakistan reports a federal budget deficit of 856 billion rupees for the first nine months of FY26 as high debt servicing and defense spending offset record tax revenues.
Pakistan’s Growth Strategy Faces Major Setback as Middle East Conflict Triggers Oil Shock and Economic Pressure
Pakistan’s economic recovery plans are under pressure after the prolonged US-Iran conflict disrupted global energy markets, raised oil prices, and threatened inflation, exports, and currency stability. Policymakers are now being urged to accelerate austerity reforms, widen the tax base, and push investment-led growth.
IMF Executive Board Sets May 8 Meeting to Approve 1.2 Billion Dollar Disbursement for Pakistan
IMF prepares to release 1.2 billion dollars to Pakistan following successful program reviews, focusing on fuel levy targets and long term fiscal consolidation.
IMF Executive Board to Convene May 8 for $1.2 Billion Tranche Release to Pakistan
The IMF Executive Board will meet on May 8 to consider releasing a $1.2 billion payout for Pakistan, including funds for climate reforms and the EFF program.
Prime Minister Shehbaz Sharif Announces Massive Petrol Levy Reduction Amid Global Energy Crisis
PM Shehbaz Sharif slashes petrol levy by Rs80 per litre to provide relief as Pakistan navigates a fuel crunch caused by the Middle East conflict and rising global prices.
Ministry Reveals Heavy Tax Burden on Petrol Prices Amid Global Oil Crisis
Official Ministry of Energy documents disclose that taxes and profit margins account for 46% of petrol costs following the recent record-breaking price hike.
Beyond $100 Oil: Ethanol, Exports & Pakistan’s Fuel-Fiscal Trap
As global oil prices cross $100, Pakistan faces mounting economic pressure while exporting ethanol instead of using it domestically. This analysis explores the country’s fuel dependency, fiscal constraints, and the missed opportunity of ethanol blending.
IMF Proposes Record Rs15.6 Trillion Tax Target for Pakistan Amid Fiscal Deadlock
The IMF suggests a Rs15.6 trillion tax target and new levies on fuel and solar users for Pakistan’s FY27 budget, sparking intense negotiations with federal authorities.
Prime Minister Shehbaz Sharif Rejects Petrol Price Hike to Provide Public Relief
The federal government has decided to keep petrol and high-speed diesel prices unchanged, absorbing a financial impact of 56 billion rupees to shield consumers.
Pakistan Meets Key IMF Fiscal Benchmarks but Revenue Reforms Lag as FBR Misses Targets
Pakistan fulfils three major IMF fiscal conditions through non-tax revenues, but weak FBR performance and failure to broaden the tax base raise concerns ahead of the next IMF loan review.