Pakistan Posts Rs3.63 Trillion Primary Surplus, Surpasses IMF Target In FY2025-26
Pakistan recorded a Rs3.63 trillion primary budget surplus in FY2025-26, exceeding the IMF target by Rs464 billion as the federal deficit narrowed to Rs4.8 trillion.
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.