Islamabad, Oct 31: Pakistan Fiscal Surplus Based on data from the previous two decades, Pakistan recorded a primary surplus of Rs. 3 trillion, or 2.4 percent of GDP, and a fiscal surplus of Rs. 1.7 trillion, or 1.4 percent of GDP, in 1QFY25.
Arif Habib Limited claims that this is the first budget surplus since the second quarter of FY04. Additionally, the Rs. 3 trillion primary surplus is the biggest one ever recorded.
Pakistan Fiscal Surplus Due in major part to a 13 percent decrease in domestic markup servicing brought on by falling interest rates, markup payments decreased by 5% year over year in the first quarter of FY25.
The federal government’s budget deficit for the first quarter of FY24 was 0.9 percent of GDP (primary surplus: 0.4 percent).
In the second quarter of FY24, SBP’s 972-billion-rupee profit was credited to the government’s account.
