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Pakistan Public Expenditure Review: Reform Issues and Options

Pakistan Public Expenditure Review: Reform Issues and Options 2025

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The document outlines the composition of the Central Development Working Party (CDWP) in Pakistan, detailing the members and their respective designations within various government departments. It specifies the roles of key officials from provincial planning and development departments, as well as representatives from federal ministries and special invitees. The document emphasizes the requirement for representation by at least a Joint Secretary or equivalent from relevant ministries and agencies.

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What is the fiscal deficit of Pakistan dawn?

In its Fiscal Monitor 2024 released on Wednesday, the IMF estimated Pakistans fiscal deficit the gap between total resources and expenditures for the current financial year at six per cent of GDP, slightly higher (0.1pc) than the governments target but lower than last years 6.7pc and 7.7pc over the previous two

What is the fiscal deficit of India?

The fiscal deficit is estimated to be 4.4 per cent of GDP. The gross market borrowings are estimated at ₹14.82 lakh crore. Capex Expenditure of ₹11.21 lakh crore (3.1% of GDP) earmarked in FY2025-26.

What is the fiscal deficit in Pakistan?

Each Pakistani owes Rs302,000 as fiscal deficit doubles the prescribed limit. The Fiscal Policy Statement 2025 reveals that the federal budget deficit soared to Rs7.7 trillion, or 7.3% of GDP, more than double the prescribed limit of 3.5%

What are the components of public expenditure in Pakistan?

Interest payments and defence expenditures are the major part of the current expenditures. They have collectively made almost two-third of the current expenditure.

What is the current account deficit of Pakistan?

After registering surpluses in the last five months, Pakistans current account posted a deficit of $420 million in January 2025, a significant increase of 4% when compared with the deficit of $404 million in the same month of the previous year, data released on Tuesday by the State Bank of Pakistan (SBP) showed.

What is the fiscal deficit of Pakistan?

The total fiscal deficit stands at Rs 7.283 trillion, representing 5.9% of GDP, down from the revised 7.4% in FY 2023-24.

Pakistan Public Expenditure Review: Reform Issues and Options 2025

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