Islamabad: The Ministry of Finance has revealed the possibility of an increase in the economic development of the country during the next fiscal year 2025-26 while reducing the inflation.
The Medium Term Macroeconomic Framework has been released by the Ministry of Finance, which states that inflation will decrease from 12% to 7.5% next year, while economic growth will increase. GDP growth is expected to be 4.8 percent in 2025-26.
FBR’s tax revenue is estimated to increase to 15 thousand 555 billion and non-tax revenue is expected to collect 3 thousand 851 billion rupees. There is a plan to collect 1 thousand 388 billion rupees from consumers under petroleum levy.
According to the Ministry of Finance, the financial deficit is estimated to reach 9,655 billion. In the financial year 2025-26, the interest bill on loans is expected to exceed 10 thousand billion rupees, while a total of 10 thousand 283 billion will be spent on interest on loans.
In the next financial year, exports are expected to be 37.95 billion dollars and remittances are expected to be 31.70 billion dollars. The pension bill will increase to 1166 billion rupees and the expenditure on civil affairs will be 881 billion rupees.
