Islamabad – The government has confirmed that Mini-Budget Not Under Consideration Despite Tax Shortfall in the current fiscal year. Officials stated that efforts are underway to meet revenue targets without imposing additional taxes.
According to finance ministry representatives, revenue collection in the first two months of FY25 fell short of expectations. However, authorities clarified that no immediate plans exist to introduce a supplementary budget. Instead, the focus will remain on enhancing tax collection and curbing leakages.
The announcement that Mini-Budget Not Under Consideration Despite Tax Shortfall aims to reassure businesses and the public. Markets had been speculating that the government might impose new levies to cover the gap. Officials dismissed these concerns, saying that other measures will be used to stabilize revenue.
Pakistan has been under pressure to maintain fiscal discipline while meeting commitments made with international lenders. Analysts believe that avoiding a mid-year budget will help sustain investor confidence and economic stability. The government has assured that expenditure control and administrative reforms will support fiscal performance.
Experts say that a possible increase in non-tax revenues and improved collection from existing taxpayers may help offset the shortfall. They also highlight that energy sector reforms and privatization plans could contribute additional revenue in the coming months.
The finance ministry noted that the Federal Board of Revenue (FBR) is working on broadening the tax base. Technology-driven solutions, stricter enforcement, and reduced exemptions are being prioritized. These steps are expected to improve overall compliance and reduce reliance on emergency revenue measures.
In summary, the government reiterated that Mini-Budget Not Under Consideration Despite Tax Shortfall. Instead, it is focusing on long-term reforms and efficient collection to ensure fiscal stability without placing extra burden on taxpayers.
Read More : No Proposal Under Consideration to Tax Solar Panels, Confirms Minister
