IMF projects Pakistan’s GDP to reach Rs193.63 trillion by 2030 |
The International Monetary Fund (IMF) has revised Pakistan’s key macroeconomic projections, estimating that the country’s Gross Domestic Product (GDP) will reach Rs193.63 trillion by 2030.
According to the IMF, Pakistan’s GDP is expected to grow by approximately Rs68 trillion between fiscal year (FY) 2026 and FY2030. However, the GDP target of Rs129.517 trillion set for the current fiscal year is unlikely to be met.
The IMF forecasts a gradual reduction in Pakistan’s budget deficit, from 5.1 percent of GDP in the current fiscal year to 3.1 percent by 2030. Despite improvements in revenue collection, the IMF projects that the Federal Board of Revenue (FBR) will not achieve a tax-to-GDP ratio of 15 percent, with the ratio expected to hover around 11.1–11.2 percent through FY2030.
Under the revised estimates, FBR tax collections are projected at Rs13.979 trillion for the........