IMF Calls for Fairer Tax System and Stronger Economic Reforms in Pakistan
The IMF has urged Pakistan to broaden its tax base, reduce exemptions and improve policy predictability to sustain economic stability, attract investment and support export-led growth.
Pakistan GDP Growth Reaches 3.7% in FY26, Aurangzeb Says
Finance Minister Muhammad Aurangzeb says Pakistan’s economy grew 3.7% in FY26, with growth near 4% expected in FY27 as the government advances tax reforms, investment and export-led growth.
FBR Revenue Jumps 40% As Pakistan Sustains Fiscal Discipline
Pakistan records three consecutive years of primary fiscal surpluses as FBR revenue rises 40%, tax to GDP improves and digital reforms reshape tax administration.
World Bank Urges Pakistan to Reform NFC Award and Slash Federal Spending
World Bank Country Director Bolorma Amgaabazar calls for a new National Finance Commission Award to address Pakistan’s Rs2 trillion annual fiscal shortfall.
Key Budget Terms Guide Released To Clarify National Financial Definitions
A comprehensive financial lexicon clarifies critical economic terms including gross domestic product, fiscal deficit, and debt servicing as the budget debuts.
World Bank 600 Million Dollar Fiscal Reform Program Stalls as Administrative Bottlenecks Delay Implementation
Pakistan’s ambitious 600 million dollar public resource program faces delays as the World Bank reports zero disbursement months after approval due to pending administrative clearances.
Khurram Schehzad Challenges Provincial Tax Collection Claims with FBR FY25 Data
Finance Minister’s Advisor Khurram Schehzad cites FBR data to dispute claims of strong provincial tax performance, highlighting large gaps between provincial tax potential and actual collections in Pakistan.
Pakistan’s Federal Tax Growth Outpaces Provinces as Revenue Gap Widens
Pakistan’s latest tax data shows strong federal revenue growth but weak provincial tax performance, with provinces collecting just 0.85% of GDP in FY25, far below potential, highlighting challenges in fiscal federalism.
Pakistan’s Federal Tax Growth Outpaces Provinces as Revenue Gap Widens
Pakistan’s latest tax data shows strong federal revenue growth but weak provincial tax performance, with provinces collecting just 0.85% of GDP in FY25, far below potential, highlighting challenges in fiscal federalism.
NFC meeting delay expected as working groups fall behind on key recommendations
The next National Finance Commission meeting may be delayed as working groups struggle to finalize recommendations on fiscal distribution, debt, taxation, and merged districts, impacting federal and provincial planning.