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Articles for tag: ADB, economy, Energy, forecast, FY27, GDP, growth, IMF, Inflation, Middle East, Pakistan, US-Iran

July 14, 2026

Frontpage.dev

Dawn

ADB Cuts Pakistan’s FY27 Growth Forecast to 3.7% on Higher Energy Costs; Inflation Outlook Also Raised

The Asian Development Bank has revised down Pakistan's economic growth forecast for FY2026-27 to 3.7 percent, from a prior projection of 4.5 percent, citing prolonged disruptions to energy markets caused by the US-Iran conflict. The ADB's July 2026 Asian Development Outlook also raised Pakistan's inflation forecast, with headline inflation running at 11.7 percent in May 2026. The FY28 outlook remains at 5.1 percent, contingent on energy pressures easing.

July 11, 2026

Frontpage.dev

FBR Collects Over Rs13 Trillion in FY26 — First Time Ever — as IMF Now Pushes Rs15.6 Trillion Target for FY27

Pakistan's Federal Board of Revenue collected over Rs13 trillion in fiscal year 2025-26, exceeding its revised target of Rs12.983 trillion by more than Rs21 billion in what officials described as a historic first. Stronger-than-expected income tax receipts drove the outperformance. The IMF is now pushing an Rs15.6 trillion target for FY2026-27 — approximately 20% above FY26 collections — while the FBR has indicated it cannot realistically collect more than Rs15 trillion.

July 11, 2026

Frontpage.dev

FBR Collects Over Rs13 Trillion in FY26 — First Time Ever — as IMF Now Pushes Rs15.6 Trillion Target for FY27

Pakistan's Federal Board of Revenue collected over Rs13 trillion in fiscal year 2025-26, exceeding its revised target of Rs12.983 trillion by more than Rs21 billion in what officials described as a historic first. Stronger-than-expected income tax receipts drove the outperformance. The IMF is now pushing an Rs15.6 trillion target for FY2026-27 — approximately 20% above FY26 collections — while the FBR has indicated it cannot realistically collect more than Rs15 trillion.

July 6, 2026

Frontpage.dev

Pakistan Gulf Economist

Pakistan Spends 1.6% of GDP on Education and Health Combined — Half of Bangladesh, a Third of India

Pakistan's combined public spending on education and healthcare stands at just 1.6% of GDP — less than half of Bangladesh's rate and a third of India's — in a budget year where provinces are being asked to generate fiscal surpluses that will leave even less room for human development. UNESCO recommends 4–6% of GDP for education alone. The FY2026-27 budget makes commitments to higher education and health infrastructure but falls well short of those benchmarks.

July 6, 2026

Frontpage.dev

Pakistan Gulf Economist

Pakistan Spends 1.6% of GDP on Education and Health Combined — Half of Bangladesh, a Third of India

Pakistan's combined public spending on education and healthcare stands at just 1.6% of GDP — less than half of Bangladesh's rate and a third of India's — in a budget year where provinces are being asked to generate fiscal surpluses that will leave even less room for human development. UNESCO recommends 4–6% of GDP for education alone. The FY2026-27 budget makes commitments to higher education and health infrastructure but falls well short of those benchmarks.

January 7, 2026

News Desk

The government is considering seeking relaxation under the FY27 budget from the IMF

This file photo taken on January 26, 2022, shows the seal of the International Monetary Fund (IMF) in Washington, DC. — AFP The government is aiming for relaxation in targets related to the primary balance. It may ask the IMF to allow a higher fiscal deficit target in the next budget. It will reduce the excess tax on the manufacturing sector which is subject to no IMF. ISLAMABAD: In a move aimed at boosting sluggish economic activities, the government is considering various options to convince the International Monetary Fund (IMF) to ensure relaxations in different macroeconomic and fiscal frameworks for

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