Fitch Ratings Evaluates Pakistan FY27 Budget and Warns of Revenue Vulnerabilities Despite Fiscal Discipline Improvements
Fitch Ratings notes Pakistan fiscal discipline improvements in the FY27 budget but raises questions over revenue durability and debt affordability.
Pakistan Records Rare Rs1.5 Trillion Fiscal Surplus Despite Flood and Border Challenges
The government of Pakistan achieved a rare Rs1.5 trillion fiscal surplus in the first quarter of FY2026 despite facing flood-related damages, border closures, and inflationary pressures. The Finance Ministry credits strong non-tax revenues, improved fiscal discipline, and stable macroeconomic management for the performance.

