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  • 2025
  • February
PFM Blog

Provincial Finance Commissions: The Missing Link in Fiscal Decentralization

public finance Feb 1, 2025 0

IntroductionUnder the 18th Constitutional Amendment, provinces were granted greater financial autonomy, but the effectiveness of Provincial Finance Commissions (PFCs) remains…

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Debt

Public Debt Management: Walking a Tightrope Between Growth and Crisis

public finance Feb 1, 2025 0

Pakistan’s Debt ProfilePakistan’s total public debt has crossed PKR 65 trillion (USD 225 billion) as of December 2023, reflecting a…

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PFM Blog

SBP Reduces Policy Rate to 12% Amid Declining Inflation

public finance Feb 1, 2025 0

On January 27, 2025, the State Bank of Pakistan (SBP) announced a 100 basis points reduction in its policy rate,…

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Taxation

Unlocking Pakistan’s Revenue Potential

public finance Feb 1, 2025 0

Pakistan’s Taxation ProblemPakistan has a narrow tax base, with only 3.5 million active taxpayers in a population of 240 million.…

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Debt

World Bank’s $20 Billion Commitment: A Pathway to Pakistan’s Sustainable Development

public finance Feb 1, 2025 0

In a landmark move, the World Bank has pledged $20 billion to Pakistan over the next decade under the new…

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Budget

Pakistan’s Fiscal Deficit – A Looming Crisis or Manageable Challenge?

public finance Feb 1, 2025 0

IntroductionPakistan’s fiscal deficit remains one of the most pressing economic challenges, consistently exceeding 6% of GDP over the past decade.…

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Budget

Can PSDP Deliver Economic Growth?

public finance Feb 1, 2025 0

Pakistan’s Public Sector Development Program (PSDP) and Provincial Annual Development Plans (ADPs) are crucial for infrastructure and economic growth. These…

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PFM Blog

FBR’s Plan to Procure 1,010 Vehicles Sparks Debate

public finance Feb 1, 2025 0

The Federal Board of Revenue (FBR) recently proposed acquiring 1,010 vehicles to enhance tax enforcement capabilities. This initiative has ignited…

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Budget

Pakistan’s Federal Budget 2025-26 Set for Early June Presentation

public finance Feb 1, 2025 0

The Ministry of Finance has initiated the preparation process for the federal budget for the fiscal year 2025-26, aiming to…

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