Pakistan Collects Rs381bn in Petroleum Levy During 1st Qtr
KARACHI: Pakistan has collected Rs381 billion in petroleum levy during the first quarter of the current fiscal year, up Rs10 billion compared with the same period last year, according to the Ministry of Finance.
The Ministry of Finance has released its Fiscal Operations Report for July-September, showing an increase in petroleum levy collections alongside significant government revenues and expenditures.
The government collected Rs381 billion through petroleum levy during July-September 2026-27, compared with Rs371 billion in the corresponding period of the previous fiscal year.
The report also showed that the government collected Rs22 billion through carbon levy and Rs9 billion through the Electric Vehicle (EV) Adoption Levy during the first quarter.
Pakistan Records Rs2,973 Billion Primary Surplus
Pakistan recorded a primary surplus of Rs2,973 billion during the first quarter, equivalent to 2.7% of Gross Domestic Product (GDP), according to the Ministry of Finance.
The government’s total revenue stood at Rs6,003 billion, while total expenditures amounted to Rs4,370 billion during July-September.
Interest Payments and Defence Spending
The government spent Rs1,700 billion on interest payments during the first quarter, while defence expenditures amounted to Rs495 billion. Pension payments stood at Rs263 billion during the period.
The government also spent Rs206 billion on civil administration expenses and Rs84 billion on subsidies.
State Bank Earns Rs1,932 Billion Profit
The State Bank of Pakistan (SBP) generated a profit of Rs1,932 billion during the first quarter of the current fiscal year, contributing to government revenues.
The latest fiscal operations figures highlight the government’s revenue collection and expenditure position during the opening three months of 2026-27.
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