Pakistan records first-ever fiscal deficit below 1%: adviserPublished on: May 13, 2026 11:37 AM
Pakistan, May 13 -- Adviser to the Finance Minister Khurram Schehzad on Tuesday said that the first time in country's history, the fiscal deficit has fallen below 1% of GDP, alongside record primary surpluses, resilient external account and strengthening macroeconomic stability.
"Country's fiscal deficit declined to just 0.7% of GDP in first 09 months of the fiscal year 2026 as compared to the 2.6% of same period of the last year, the lowest level ever recorded in Pakistan's history", he posted on his official X handle.
The latest fiscal data reflects a broader shift toward credible macroeconomic management, stronger sovereign fundamentals and sustainable growth, he added.
The primary surplus reached 3.2% of GDP during the first 09 mon...
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