Pakistan’s new coalition government has its work cut out on the economic front. As part of the second review of the current $3 billion bailout package, International Monetary Fund (IMF) officials are scheduled to visit Pakistan in March to review the implementation of the targets agreed during last year’s review with the Anwaar-ul-Haq Kakar-led interim … Read more
An International Monetary Fund (IMF) team is currently in Pakistan for the highly anticipated first scheduled Stand-By Arrangement (SBA) staff review. This review is important, as it will determine whether Pakistan has been successful in bridging the $6.5 billion external financing gap agreed upon with the IMF. In July, the IMF approved a nine-month standby … Read more
The Pulse | Economy | South Asia The long-awaited package will provide the country, which is in the grip of political and economic crises, with some relief. Prime Minister Shehbaz Sharif meets with IMF Managing Director Kristalina Georgieva on the sidelines of the Summit for New Global Financing Pact in Paris, June 22, 2023. Credit: Twitter/Kristalina Georgieva Advertisement The … Read more