Pakistan slashes FY26 fiscal deficit 46% to Rs3.3tr
Pakistan closed FY26 with a significant fiscal turnaround, moving away from years of recurring fiscal stress toward stronger public finances, stability, and sustainable growth.
August 13, 2026 (MLN): Pakistan closed FY26 with a significant fiscal turnaround, moving away from years of recurring fiscal stress toward stronger public finances, stability, and sustainable growth. The fiscal deficit narrowed to Rs3.313tr, equivalent to 2.6% of GDP, the lowest level in 22 years, down 46%YoY from Rs6.168tr (5.4% of GDP) in FY25. The improvement extends a broader consolidation trend, with the fiscal...