Fuel levy yields lowest fiscal deficit in 27 years
By The BriefBrief
Pakistan’s fiscal deficit fell to Rs856bn in July-March, the lowest in at least 27 years, driven by higher provincial contributions and petroleum levy collections.
WHO:Pakistan
WHAT:Fiscal deficit improvement to Rs856bn (0.7% of GDP) in July-March
WHEN:May 12, 2026 at 10:10 PM ET
WHERE:Pakistan
WHY:The deficit improved due to higher-than-targeted provincial contributions, strong petroleum levy collections, and lower interest payments.
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