Pakistan, Aug. 6 -- Pakistan's budget deficit was recorded at Rs6.17 trillion, i.e. 5.4% of the GDP, during the fiscal year 2024-25, marking a 9-year low, showed data released by the Ministry of Finance.
A summary of consolidated federal and provincial fiscal operations for July-June 2024-25, released by the Finance Division showed that total revenue stood at Rs17.997 trillion (15.7% of the GDP) against the total expenditure of Rs24.165 trillion (21.1% of the GDP) during the fiscal year, hence budget deficit has been recorded at Rs6.168 trillion (5.38% of the GDP).
"The deficit of 5.38% is better than the government's revised forecast of 5.6% of GDP (earlier budgeted 5.9%) for FY25," said Topline Securities. "Similarly, the Internationa...
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