US EditionPM hails $1.3 billion IMF deal as major economic milestone
- The International Monetary Fund approved a $1.3 billion loan for Pakistan to address climate change and confirmed the first review of an ongoing bailout program.
- Pakistan can access $1 billion under the $7 billion bailout program, which would total $2 billion in disbursements, according to the IMF's statement.
- The IMF noted that Pakistan has made significant progress in restoring economic stability, with inflation declining to its lowest level since 2015.
- The IMF highlighted that Pakistan has made significant progress in restoring macroeconomic stability over the past 18 months, despite a challenging global environment.
21 Articles
21 Articles
Aslam slams Shehbaz over IMF programme
This collage shows, Adviser to Chief Minister on Finance Muzzammil Aslam and Prime Minister Shehbaz Sharif . — Screengrab via YouTube@MuzzammilsDeskTCA/PIDFilePESHAWAR: Adviser to Chief Minister on Finance Muzzammil Aslam on Wednesday said Prime Minister Shehbaz...
PM hails $1.3 billion IMF deal as major economic milestone
Prime Minister Shehbaz Sharif on Wednesday hailed the successful staff-level agreement with the International Monetary Fund (IMF) for a new $1.3 billion arrangement, calling it a major milestone in Pakistan’s path toward economic stability. Chairing a Cabinet Committee meeting in Islamabad, the prime minister applauded the efforts of the deputy prime minister, finance minister, planning minister, commerce minister, economic affairs minister, FBR…
IMF agreement is a chance for stability
Our struggling economy has received a much-needed boost with the approval of a new financial agreement with the International Monetary Fund (IMF). In addition to the ongoing 37-month bailout programme, the IMF has agreed to a new $1.3 billion deal aimed at addressing climate change challenges. This signals growing confidence in Pakistan’s economic policies and efforts to stabilise its finances. However, financial aid alone will not solve Pakista…
IMF Mission to Finalize Pakistan's FY2025-26 Budget Amid Tax and Revenue Challenges - Republic Policy
An International Monetary Fund (IMF) mission is set to visit Pakistan in early May 2025 to finalize the budget for fiscal year 2025-26, which will include key discussions on taxation measures and expenditure cuts, according to a report by The News. While the exact dates for the visit are still pending, the mission will focus on reviewing Pakistan’s upcoming budgetary framework. Earlier this week, the IMF and Pakistan reached a staff-level agreem…
Coverage Details
Bias Distribution
- 50% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
