ISLAMABAD: The federal government collected Rs381 billion in petroleum levy during the first quarter (July-September) of the current fiscal year, marking an increase of Rs10 billion compared to the same period last year.
According to the Ministry of Finance’s Fiscal Operations Report, petroleum levy collections stood at Rs371 billion during the corresponding period of the previous fiscal year. The government also collected Rs22 billion through the carbon levy and Rs9 billion under the Electric Vehicle (EV) Adoption Levy during the first three months.
The report showed that the government’s primary balance reached Rs2,973 billion, equivalent to 2.7% of GDP. During the period, interest payments on loans amounted to Rs1,700 billion, while defence spending stood at Rs495 billion. The government also spent Rs263 billion on pensions, Rs206 billion on civil administration and Rs84 billion on subsidies.
Total government revenue reached Rs6,003 billion, while expenditures amounted to Rs4,370 billion. Meanwhile, the State Bank of Pakistan (SBP) recorded a profit of Rs1,932 billion during July-September, according to the ministry’s documents.
