Pakistan’s Fiscal Deficit Falls to 9-Year Low

Pakistan’s fiscal deficit is projected to decline to 5.4–5.5 percent of GDP in FY25, down from 6.8 percent in FY24 — the lowest in 9 years. According to Topline Securities, this reflects the government’s commitment to tough fiscal reforms under guidance of the International Monetary Fund (IMF), driving economic stability, and improved debt metrics. Staying on course with prudent policies will be key to sustaining this momentum. Staying disciplined and on course post-IMF commitments will be a tough test for Pakistan.