Government fiscal documents
Lead Analysis

Provincial Preparations for Inter-Governmental Transfers Under NFC Award

57.5% of the divisible pool now flows to provinces. How fiscal devolution is reshaping budget architecture.

Hamza Rizvi, CFA · 28 May 2026 · 14 min · Source: MoF & AGPR
Government audit documents
Audit & Controls

Audit Gap Analysis: Weak Controls in Ministries & PAOs

Ayesha Khurram, CFA · 15 Jun
Budget planning
Budget Reform

Performance Budgeting: Output Measures in FY27 Cycle

Saad Malik · 12 Jun
Policy Rate
10.75%
▼ 150bps
CPI Inflation
4.8%
▼ Since 2021
FBR May
712B
Rs. FY26
Reserves
9.4B
USD
USD/PKR
278.4
Interbank
KSE-100
73,420
▲ 18% YTD

Latest Intelligence

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Gender responsive budgeting
Gender · Budget

Gender-Responsive Budgeting in Pakistan's Fiscal Policy

Ayesha Khurram, CFA · 10 Jun · 9 min
Performance based budgeting
PFM Reform

PBB: Why Linking Allocations to Outcomes Remains Unfinished

Saad Malik · 08 Jun · 11 min