These measures are part of Pakistan’s plan to successfully complete the second review of the $7 billion Extended Fund Facility (EFF) and unlock the third $1 billion tranche, along with the first $200 million tranche under the $1.4 billion Resilience and Sustainability Facility (RSF).
The IMF’s recently released staff report highlights that Pakistan has achieved most targets under the programme, though it projects that the country’s balance of payment gap could widen to $3.253 billion by 2029–30, signaling potential need for another IMF programme in the future.
The report outlines...
New Delhi: Union Minister of Commerce & Industry, Piyush Goyal highlighted on Wednesday the International Monetary Fund's (IMF) recent revision of India's growth estimate, which...
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Delivering a keynote address at the Ninth Annual Microfinance Conference in Karachi, the State Bank of Pakistan (SBP) Governor Jameel Ahmad highlighted signs of...
The equity market opened lower on Monday as investors booked profits following the index’s record-breaking rally, amid lingering concerns over fiscal slippages and...