ISLAMABAD, JULY16: In the current fiscal year, Pakistan is predicted to report its biggest primary surplus ever. Under the latest International Monetary Fund bailout, Pakistan is predicted by Topline Securities to record its biggest Primary Surplus of 2 percent of GDP in FY25 in the previous 25 years (IMF).

The IMF requires the federal government to attain a primary surplus, which suggests that before interest payments are deducted, the nation’s expenses should be less than its earnings. Both current (non-development) and development expenses are included in expenditures.

For FY25, the main surplus objective set by the federal government is Rs. 2.5 trillion, or 2.0 percent of GDP. In its May 2024 report, the IMF projects a primary surplus of 0.4 percent of GDP for FY25. Not counting the provincial excess, For FY25, the main surplus would be 1% of GDP, whereas for FY24E, there would be a 0.13 percent deficit.

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