IMF has set a federal revenue target of Rs. 17.145 trillion for Pakistan for the fiscal year 2026–27. The new target is expected to be achieved through additional tax measures, higher petroleum levy collections, and increased contributions from provincial governments.
According to the IMF report, Pakistan’s total revenue is expected to grow by more than 13.5% during the upcoming fiscal year. The Federal Board of Revenue (FBR) has been assigned a revenue collection target of Rs. 15.264 trillion.
Officials expect revenue growth to come from multiple factors, including rising inflation, economic activity, and stronger efforts to improve tax collection. Authorities are also planning stricter enforcement to reduce tax evasion and increase compliance.
The report further mentions additional financial commitments aimed at improving the country’s economic position. These include increasing fuel-related levies, improving audit systems, and strengthening monitoring in different sectors to ensure better revenue generation.
Provincial governments are also expected to play a larger role by generating an additional Rs. 430 billion in revenue. Increased provincial contributions are considered important for supporting overall fiscal targets.
The IMF report also highlights plans for reforms in the energy sector and adjustments in subsidies. These measures are intended to reduce financial pressure on the government and improve long-term economic stability.
Economic experts believe these steps may help strengthen Pakistan’s fiscal position, but higher taxes and increased levies could also add pressure on businesses and consumers already facing rising living costs.
