In the initial nine months of the current fiscal year, the federal government’s fiscal deficit has surged to Rs4,337 billion, with total income amounting to Rs5,313 billion and expenditures surpassing Rs9,651 billion. Notably, interest payments on loans accounted for a substantial Rs5,517 billion during this period, while tax collection by the Federal Bureau of Revenue stood at Rs6,711 billion. Additionally, Rs3,815 billion was transferred to provinces under the National Finance Commission, and non-tax revenue amounted to Rs2,416 billion from July to March. A record Rs719.59 billion was collected through the petroleum levy, significantly higher than the previous year. On the expenditure front, ongoing government expenses totaled Rs9,201 billion, with allocations of Rs1,222 billion for defense, Rs454 billion for development projects, Rs473 billion for subsidies, and over Rs611 billion for pension payments. Moreover, Rs518 billion was utilized for civil affairs over the last nine months. The monthly economic outlook report predicts inflation to fall between 18.5% and 19.5% this month, with a further decrease expected to 17.5% in May. The growth rate was recorded at 2.5% and 1% in the first and second quarters, respectively. Despite improvements in the financial and external sectors, managing external loans and high interest payments remain significant challenges, necessitating financial discipline for sustainable economic development. While the agricultural sector demonstrated growth, major industries fell short of their targets.