What was Pakistan’s budget deficit for the fiscal year 2021–22?

Pakistan’s budget deficit for 2021–22 was 7.9% of GDP, reflecting fiscal challenges due to debt servicing and economic pressures. Studying this highlights the role of fiscal policy, the challenges of balancing expenditure and revenue, and its impact on economic stability. For Pakistan, this offers lessons on improving fiscal discipline, enhancing revenue collection through tax reforms, and prioritizing sustainable economic policies to reduce deficits and support development goals like infrastructure and education.