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Fiscal dashboard

Federal controls, FY2026–27 · PKR, rounded for display · Federal Annual Budget Statement Table 1 and provincial statements, reviewed display figures. Hover a bar for its label.

Cover stories

Public debt

Pakistan’s public debt reached PKR 86.7tn in FY2026

Pakistan’s total public debt rose 7.7% to PKR 86.7tn by June 2026, while its ratio to GDP eased. The Finance Division also reports a narrower statutory debt measure, which produces a different headline ratio.

Analysis

Pakistan Tightens Tax Rules for Social Media Creators

Pakistan has introduced a more formal method for taxing income earned through social media, giving the Federal Board of Revenue (FBR) a way to estimate a creator’s income rather than relying only on the amount they report. The new framework covers both resident and non-resident creators earning from interaction with users in Pakistan, although the rules differ between the two. How FBR can now…

Where Federal expenditure goes

Composition of the PKR 18.8tn expenditure control

  • Interest paymentsPKR 8.1tn42.9%
  • Other current expenditurePKR 9.4tn50.3%
  • Federal PSDPPKR 1.0tn5.3%
  • Net lendingPKR 276bn1.5%
Federal Annual Budget Statement 2026–27, Table 1 · reviewed figures. Segments sum to the published total expenditure control.
  • Interest is the largest current cost. Interest payments are 43% of total expenditure, against PKR 1.0tn for the Federal PSDP.
  • Net revenue funds most, not all, of the plan. Net revenue receipts equal 63% of total expenditure; the balance comes from borrowing, external receipts and privatisation proceeds.
  • The provincial share is not spare cash. PKR 8.8tn of Federal tax receipts is shared with the provinces under the fiscal framework.

Federal

Total receiptsPKR 20.6tnGross revenue before provincial share
ExpenditurePKR 18.8tnTotal expenditure control
Interest paymentsPKR 8.1tn43% of total expenditure
Federal PSDPPKR 1.0tn5% of total expenditure

Gross revenue receipts by source

  • Tax receipts74% of gross revenuePKR 15.3tn
  • Non-tax receipts26% of gross revenuePKR 5.3tn
Federal Annual Budget Statement 2026–27, Table 1 · reviewed figures.
  • Gross revenue receipts are PKR 20.6tn; after the provincial share, net revenue receipts are PKR 11.8tn.
  • Interest payments at PKR 8.1tn are about 8.1 times the Federal PSDP.
  • The provincial share in Federal taxes is PKR 8.8tn, or 58% of tax receipts.

All Federal

Provinces

Headline budget or outlay

Provincial Annual Budget Statements 2026–27 · reviewed display figures. Gilgit–Baltistan’s interim plan is excluded.

All Provinces

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Data

Federal–provincial transfer controls
Published controlScopeAmount
Provincial share in Federal taxesFederal Annual Budget Statement, Table 1PKR 8.8tn
Sum of provincial Federal-receipt controlsFour provincial statementsPKR 8.9tn
  • Difference of 0.7%. Federal and provincial books can draw their boundaries around grants, straight transfers, development support and timing differently, so both controls stay visible.
  • Entities covered. The Federal government plus Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan, each at the headline scope of its own statement.
  • Basis. FY2026–27 budget estimates, not audited outturns. Amounts are displayed in PKR and rounded for presentation.