KARACHI / ISLAMABAD — The State Bank of Pakistan (SBP) has paid Rs 1.932 trillion in profits to the federal government, nearly Rs 500 billion above the revenue target set for the entire FY27 fiscal year. The transfer significantly exceeded the Finance Ministry’s budgeted estimate of Rs 1.435 trillion.
The central bank had contributed Rs 2.619 trillion to government revenues in FY26, surpassing its original target of Rs 2.4 trillion. SBP Accounts for Largest Share of Non-Tax Revenue Under amendments to the SBP Act approved by Parliament, the surplus profit generated during the previous fiscal year was transferred to the Finance Ministry at the beginning of the new financial year. The federal government collected Rs 2.36 trillion in non-tax revenue during the first two months of FY27, against a full-year target of Rs 5.33 trillion.
The SBP contributed Rs 1.932 trillion, making it the largest source of non-tax receipts. The petroleum levy was the second-largest contributor, generating Rs 220.2 billion during the July to August period. Petroleum Levy and Other Revenue Sources Other major contributors included Rs 25.85 billion in oil and gas royalties, Rs 18.83 billion in markup on loans to state-owned enterprises and other entities, and Rs 16.8 billion in markup from provincial governments.