Rising interest payments, uplift spending strained Pakistan's fiscal position in early FY27: ministry

Source: Dawn ·

Rising interest payments, uplift spending strained Pakistan's fiscal position in early FY27: ministry

ISLAMABAD: Despite a massive 90 per cent cut in subsidies and higher-than-targeted revenue collection, Pakistan’s fiscal and current account buffers weakened at the beginning of the current fiscal year (FY27) owing to an almost 37pc increase in interest payments coupled with grea

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