budgetsurplus

The federal government collected Rs. 371 billion in petroleum levies during the first quarter (July–September), marking a 42% increase from the Rs. 261 billion collected in the same period last year. An additional Rs. 110 billion was recorded in just this quarter as part of fiscal adjustments aligned with IMF stabilization requirements.

Pakistan also reported a budget surplus of 1.6% of GDP, while the primary balance stood at 2.7%, reflecting stronger revenue controls and expenditure discipline.

Other notable revenue components for the quarter included:
• Carbon Levy: Rs. 10 billion
• EV Adoption Levy: Rs. 3 billion
• Provincial Transfers Under NFC: Rs. 1,775 billion

Provincial allocation breakdown:
• Punjab: Rs. 882 billion
• Sindh: Rs. 441 billion
• Khyber Pakhtunkhwa: Rs. 287 billion
• Balochistan: Rs. 164 billion

These developments highlight Pakistan’s continued efforts to meet fiscal reform targets while navigating rising revenue pressures tied to global energy pricing and domestic economic adjustments.

#BudgetSurplus #FiscalPolicy #TaxRevenue #NFC #PublicFinance

.