Budget deficit

Expected deficit, amounting to 2.3 percent of GDP, is down from a 2024 deficit of $30.6 billion,

Report shows gap to remain at 7.4% of GDP, nearly Rs1tr above deficit limit

PM bans creating new positions, making any major purchases amid economic strain

Cuts external loan estimates by over $6 billion to $11.4 billion

IMF programme becomes root problem, prevents SBP from lowering key rate

Puts deficit at Rs8.2tr, higher than target, leading to extra Rs1.3tr borrowing

Citizens to bear burden of inflation on civic agency

Minister hopes IMF will not have objections over Rs246b relief package

Budget raised amid concerns over growing size of unfunded schemes

Debt servicing rises 15% in six-month period on back of increased borrowing

Gap widens in Jul-Nov FY21 because of spike in debt servicing

Increase comes due to double-digit growth in expenditures

PTI govt faces tough road in translating improvement in indicators to actual progress

Pakistan beats IMF forecast of Rs3.9tr or 9.2% of GDP

Pakistan’s deficit can reach Rs4tr due to coronavirus impact, according to IMF findings

Global lender approves $200m loan to support country’s efforts against COVID-19

Finance division claims govt’s extensive measures helped economy move progressively along adjustment path

IMF hopes the deal can create fiscal space for a substantial increase in social spending

Increase comes on back of continued double-digit growth in spending

Budget deficit persists as one of the biggest challenges for PTI-led government

Current expenditures grow in double digits, highlighting problematic areas of the fiscal framework

Pakistani banks’ assets (as a share of GDP) are around 30% smaller than those of its South Asian peers

Expansionary fiscal policy, poor performance of tax body put country into a deeper debt trap

Nearly 30% of the gap recorded in last two months of PML-N govt due to reckless spending

Surpasses annual target in just nine months, sparks questions over promise of fiscal discipline

Amount is 2.2% of GDP; gap higher despite development spending being reduced by Rs152b

There is no ‘one size fits all’ solution to boost exports for development

High cost of debt servicing contributes significantly to worsening position

Budget gap stands at 0.9% in first quarter, in line with the annual 4.1% target

Budget deficit soars to Rs1.864 trillion thanks to election-focused spending

Business forum says only political will, drastic steps can revive economy

Participants lauded Rs198 million decrease in fiscal deficit during the last two years

Government books Rs64b as non-tax revenue in 2016-17 after earlier placing the same amount as earnings in 2014-15

Some critical schemes also have had their allocations curtailed in fiscal year 2016-17

Gap between income and expenditure rises to Rs1.2tr, prompting heavy borrowing

With elections around the corner, Pakistan could deviate from path of fiscal consolidation

Annual target set to be missed by wide margin, reduction in revenue attributed as reason

Gap increases due to fall in revenues, despite curtailing development spending

Despite that it could not meet 4.3% deficit target for 2015-16

Low oil prices are forcing world's top oil exporter into spending cuts to curb the $98b budget deficit of last year

Real estate has become the mother of all corruption; it has served as the safest haven for all tainted resources

Come September, Pakistan would be ‘ready to go at it alone’ without the crutches of the IMF

Deficit amounts to Rs515b, which is Rs110b less than IMF-determined target

The International Monetary Fund had projected the 2015 deficit to be around $130 billion

Balancing short-term accounts by rolling over debts is not sustainable