1QFY27: Fiscal surplus plunges 40pc YoY
ISLAMABAD: Pakistan’s fiscal surplus plunged 40 percent year-on-year to Rs1.273.7 trillion, or 0.9 percent of GDP, in the first quarter of fiscal year 2026-27, against the comparable period the year before. The International Monetary Fund has projected negative 3.5 percent (excluding grants) under the ongoing USD 7 billion Extended Fund Facility programme. The plunge in fiscal surplus is in spite…
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