Escalating Sovereign Debt: Government Bank Borrowing Surges to Rs 5.9 Trillion in FY26
State Bank of Pakistan data reveals net government borrowing reached Rs 5.9 trillion in FY26, escalating domestic debt servicing costs to Rs 8 trillion for FY27.
Prime Minister Shehbaz Sharif Orders Accelerated Execution of PSDP National Projects
Prime Minister Shehbaz Sharif instructs planning officials to fast track national development projects under PSDP to boost economic growth and public welfare.
Ministry of Finance Orders Immediate Surrender of Unspent Funds to Finalize FY2025-26 Revised Estimates
The Finance Division mandates all federal departments to report savings by May 10 as part of a fiscal cleanup to prepare the upcoming budget and reallocate PSDP funds.
Pakistan Government Slashes Development Spending to Rs837 Billion to Meet IMF Targets
The federal government has reduced the Public Sector Development Programme by Rs172.8 billion to manage fiscal pressures and fulfill IMF primary surplus requirements.
Pakistan Achieves Remarkable Fiscal Consolidation with Deficit Dropping to 0.1 Percent of GDP
Pakistan’s fiscal deficit narrowed significantly to 0.1 percent of GDP during Jul-Feb FY2026, supported by a 10.1 percent surge in net federal revenue and reduced markups.