Pakistan has set a target to reduce its fiscal deficit to 6.54% in the
upcoming fiscal year. The government aims to achieve this by implementing
measures such as increasing tax revenues, curbing expenditures, and
improving the efficiency of public sector institutions. The reduction in
the fiscal deficit is part of Pakistan’s broader economic reforms aimed at
stabilizing the country’s finances and promoting sustainable growth. The
government’s commitment to fiscal discipline and prudent economic
management will be crucial in achieving this target. This move reflects
Pakistan’s determination to address its fiscal challenges and create a
favorable environment for investment and economic development.
upcoming fiscal year. The government aims to achieve this by implementing
measures such as increasing tax revenues, curbing expenditures, and
improving the efficiency of public sector institutions. The reduction in
the fiscal deficit is part of Pakistan’s broader economic reforms aimed at
stabilizing the country’s finances and promoting sustainable growth. The
government’s commitment to fiscal discipline and prudent economic
management will be crucial in achieving this target. This move reflects
Pakistan’s determination to address its fiscal challenges and create a
favorable environment for investment and economic development.