Overview
- Inflation has fallen to single digits from a 38% peak, with the exchange rate described as stabilised.
- Officials report primary fiscal surpluses, a current account deficit within targets, and reserves at roughly 2.5 months of imports.
- All three global rating agencies upgraded Pakistan’s rating and outlook this year, and the IMF Executive Board approved the EFF second review.
- The tax-to-GDP ratio rose to 10.3% from 8.8%, with a roadmap to reach 11% through base broadening and tighter compliance.
- Pakistan is courting GCC investment across priority sectors and says FTA talks with the bloc are at an advanced stage, while remittances are projected at $41–42 billion with more than half from the GCC.