BR Research

Tax target missed again

Published July 4, 2012 Updated July 4, 2012 12:00am

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Drivers of the Public Debt Burden
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(% of GDP)                    FY07    FY08    FY09    FY10    FY11  FY12P
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Public debt to GDP           60.1    59.1    59.7    60.4    59.4    58.2
Real growth of public debt    2.3     8.3     5.2     4.3     1.1     2.4
Real growth of revenue       11.9    (0.6)    2.9     0.3    (8.4)    1.5
Real growth in GDP            6.8     3.7     1.7     3.1     3.0     3.7
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Source: SBP