IMF programme: Country committed to achieving 1.6pc of GDP surplus: Aurangzeb

Federal Minister for Finance and Revenue Muhammad Aurangzeb on Monday reaffirmed Pakistan’s commitment to achieving a general government primary surplus of 1.6 percent of Gross Domestic Product (GDP) under the International Monetary Fund (IMF) programme. In a written response to a questions asked by lawmakers in National Assembly, the minister outlined the fiscal measures being adopted to meet this target. He explained that the recent fiscal and revenue policies are shaped by the country’s budgetary needs, including debt servicing, defence, social protection, development priorities, and other essential public services. READ MORE: DAVOS 26: Exports and productive use of debt key to economic growth, says Aurangzeb He noted that the government’s revenue measures are designed to ensure fiscal balance and long-term sustainability, in line with national priorities.