The Most Up-to-Date public sector development program News

Pakistan scrutinizes delayed Islamabad IT Park project amid deadline concerns
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Pakistan scrutinizes delayed Islamabad IT Park project amid deadline concerns

Islamabad IT Park, launched in 2017 and started in 2022, is only 71% built and 57% funded, missing its Feb 2025 completion target

Pakistan’s budget deficit narrows to 9-year low of 5.4%
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Pakistan’s budget deficit narrows to 9-year low of 5.4%

The deficit is better than the government and IMF's forecasts of 5.6% of GDP

Pakistan plans to raise PKR 5.6T through domestic debt instruments in FY26's first quarter
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Pakistan plans to raise PKR 5.6T through domestic debt instruments in FY26's first quarter

Government eyes fiscal consolidation as domestic borrowing surges amid external financing shortfall

Pakistan misses revised target of PKR 12.3B, eyes PKR 11.9B in revenue collection
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Pakistan misses revised target of PKR 12.3B, eyes PKR 11.9B in revenue collection

Government adds PKR 312B taxes and cuts debt payments by PKR 800B amid fiscal pressure

Pakistan likely to boost development budget by PKR 900 billion
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Pakistan likely to boost development budget by PKR 900 billion

A large portion of the amount will be used for ongoing development projects

Pakistan’s finance ministry revises federal development budget down by PKR 300 billion
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Pakistan’s finance ministry revises federal development budget down by PKR 300 billion

Ministries directed to surrender excess funds amid fiscal adjustments

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