Role of Budget Transparency in Strengthening PFM in Pakistan Transparent budgeting is a cornerstone of effective public financial management (PFM).…
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Audit Follow-Up: Are PAOs Implementing AGP Recommendations? Effective audit follow-up is central to ensuring fiscal accountability, expenditure control, and transparency…
Read MoreProvincial Finance Departments Reform Payment Mechanisms for FY 2025–26
Provincial finance departments in Pakistan are implementing release and payment mechanism reforms in FY 2025–26 to improve budget execution, cash…
Read MorePerformance Budgeting in Pakistan’s FY 2025–26 Budget Cycle
Performance Budgeting: How Output/Outcome Measures Are Being Used in the Current Budget Cycle As Pakistan’s fiscal system evolves to align…
Read MoreInflation Pressures and the Shrinking Fiscal Headroom
High inflation has become the defining feature of Pakistan’s macroeconomic landscape, reshaping not only household consumption but also the state’s…
Read MoreDebt Servicing Burden and Fiscal Trade-Offs in Pakistan
Understanding Pakistan’s Debt Servicing Dynamics in the Fiscal Framework Pakistan’s fiscal architecture is increasingly defined by its debt servicing obligations,…
Read MoreFBR’s Pre-Budget Signals
As Pakistan approaches the close of FY 2024–25, the Federal Board of Revenue (FBR) has begun signaling its pre-budget policy…
Read MoreReforming Pakistan’s Cash Management & Forecasting Frameworks
Effective cash management is the backbone of sound fiscal governance. In Pakistan, the transition from fragmented cash handling to structured…
Read MoreProvincial Development Budget Execution: Punjab in Focus
Understanding Development Budget Execution in Pakistan’s Fiscal Framework Development budget execution—the extent to which provinces utilize their Annual Development Plan…
Read MoreProvincial Budget Call Circulars 2026–27
Review of Provincial Budget Call Circulars & Timelines: Preparing for FY 2026–27 As Pakistan transitions into the budget preparation phase…
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