The International Monetary Fund’s board has given its approval to a significant bailout program of $3 billion for Pakistan. This move includes the immediate disbursement of approximately $1.2 billion, aimed at stabilizing the economy of this South Asian nation. Last month, Pakistan and the IMF reached a staff-level agreement, securing a short-term pact that provided… Read More »
Pakistani Authorities Undertake Decisive Measures to Align Policies with IMF-Backed Economic Reform Programme In a recent statement, Nathan Porter, the mission chief for Pakistan at the International Monetary Fund (IMF), commended the Pakistani authorities for their proactive approach in bringing policies in line with the IMF-supported economic reform programme. These measures, he explained, encompassed various… Read More »
Pakistan Nears Signing of Tightly-Negotiated IMF Bailout Package After months of intense negotiations between the Pakistani government and the International Monetary Fund (IMF), a significant breakthrough has been achieved, according to a report by Geo News on Saturday. Insider sources reveal that an official announcement regarding the signing of the deal is expected to be… Read More »