The International Monetary Fund (IMF) has set an ambitious federal revenue target of Rs. 17.145 trillion for Pakistan in the next fiscal year 2026-27. This target is 13.5% higher than the current year’s revised collection and forms a key part of the ongoing IMF programme.
According to the IMF staff report, the Federal Board of Revenue (FBR) is expected to collect Rs. 15.264 trillion, while the remaining amount will come from higher petroleum levy and other non-tax revenues. The government has committed to collecting an extra Rs. 430 billion through new tax measures and administrative reforms.
The IMF has also set a significantly higher petroleum levy target of around Rs. 1.73 trillion for the next year. To achieve these goals, the government will focus on stricter tax enforcement, better audits, digital monitoring, and expanding the tax base. Provinces are also expected to contribute an additional Rs. 430 billion in revenue.
This tough revenue target comes with stricter conditions. The IMF has converted the FBR target into a formal performance criterion, meaning missing it will require special approval from the IMF board.