Pakistan, April 30 -- Pakistan's current account will remain in surplus throughout fiscal year 2024-25, Finance Minister Muhammad Aurangzeb confirmed. He shared this outlook at a pre-budget seminar in Karachi. This statement differs slightly from the more cautious forecast by the State Bank of Pakistan. However, Aurangzeb remains optimistic about the economy's direction.

The Finance Minister projected that the tax-to-GDP ratio would reach 10.6% for FY25. Over the next three years, the government plans to raise this to 13.5%. This growth will come from ongoing tax reforms. Aurangzeb also emphasized that this would be Pakistan's last IMF program. He reaffirmed the government's commitment to fiscal reforms.

Aurangzeb assured that the gover...