The central governing body is likely to set a ECONOMIC OUTPUT expansion target of 5.1 per cent and a levy collection goal exceeding Rs15.5 trillion
An illustrative image related to: Govt bets on higher expansion, expanded levy base, highlighting key aspects of the story. | Image source: The Express Tribune
Govt bets on higher expansion, expanded levy base
The central governing body is likely to set a ECONOMIC OUTPUT expansion target of 5.1 per cent and a levy collection goal exceeding Rs15.5 trillion in the finance for the next finance year (2026–27), even as global lenders expect the market to expand at a slower pace.
Economic division sources stated preparations for the upcoming finance are in the final stages, with proposals received from various concerned parties under evaluate and workable suggestions being incorporated.
The finance is being aligned with benchmarks agreed under the Global Monetary Fund (IMF) programme.
The global lender's evaluate mission is expected to visit Pakistan next month to hold detailed consultations before finalising the proposals.
The province is likely to present the finance in legislature in the first ten days of June.
According to the sources, the proposed expansion target of 5.1 per cent represents an rise from the 4.2 per cent target set for the ongoing finance year.
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