Pakistani economy

Pakistan PM Shehbaz Sharif Visits Saudi Arabia

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Pakistan PM Shehbaz Sharif Visits Saudi Arabia

Pakistan’s Prime Minister Shehbaz Sharif visited Saudi Arabia earlier this week on his first foreign visit since being elected in February. In Mecca, the premier and his delegation met with Saudi Crown Prince Mohammed bin Salman. In addition, Sharif held a private meeting with the Crown Prince. What was discussed at the one-on-one meeting has … Read more

Is Pakistan Eyeing Another Bigger IMF Deal?

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Is Pakistan Eyeing Another Bigger IMF Deal?

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