Pakistan's fiscal surplus falls 40% amid rising expenditure, interest payments
Islamabad, Nov. 14 -- Pakistan's fiscal position came under renewed pressure in the first quarter of the current financial year, with the country's overall budget surplus falling sharply amid declining government revenues, rising expenditure and higher interest payments.
According to a report published by Dawn, Pakistan's overall fiscal surplus dropped to 0.9 per cent of Gross Domestic Product (GDP) during July-September 2026, compared to 1.7 per cent in the corresponding period last year.
In absolute terms, the surplus declined by 40 per cent to 1.273 trillion Pakistani rupees from 2.12 trillion rupees a year earlier. Dawn reported that the primary surplus, which excludes interest payments, also fell to 2.1 per cent of GDP from 2.8 per...
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