📌 Key Highlights & Quick Takeaways:
- The Federal Ministry of Finance has said that the improvement in Pakistan's financial performance is not just temporary but a reflection of.
- In a statement issued by the Federal Ministry of Finance, it has been said that Pakistan has continued its historic fiscal improvement and r.
- The Ministry of Finance said that after 23 consecutive years of fiscal deficits in the first quarter, fiscal surplus has been maintained for.
The Federal Ministry of Finance has said that the improvement in Pakistan's financial performance is not just temporary but a reflection of continued fiscal discipline and economic stability and recorded a continuous surplus on an annual basis in the first quarter of fiscal year 2027.
In a statement issued by the Federal Ministry of Finance, it has been said that Pakistan has continued its historic fiscal improvement and recorded a fiscal surplus for the third consecutive year in the first quarter of fiscal year 2027.
The Ministry of Finance said that after 23 consecutive years of fiscal deficits in the first quarter, fiscal surplus has been maintained for the last three years, fiscal surplus in the first quarter of fiscal year 2027 was 1.274 trillion rupees or 0.9 percent of GDP.
In this regard, it was informed that in the first quarter of the fiscal year 2027, the primary surplus was recorded at 2.974 trillion rupees or 2.1 percent of the GDP, the primary surplus in the first quarter was 239 billion rupees or 8.7 percent more than the budget target.
The Federal Ministry of Finance said that a fiscal surplus of 1.896 trillion rupees in the first quarter of fiscal year 2025, 2.119 trillion rupees in fiscal year 2026 and 1.274 trillion rupees in fiscal year 2027 was recorded and in the last three years, the primary surplus of the first quarter recorded the three highest levels of 26 years and thus the surplus was more than 2.9 trillion rupees every year.
