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The IMF flip-flop

In yet another flip-flop, Prime Minister Imran Khan stated on October 17 that Pakistan may not have to approach the International Monetary Fund (IMF) for credit as some ‘friendly’ countries…

Lockdown the IMF progamme

The global economy is facing a plunge into uncharted waters. No one alive has experienced an economic nosedive this sudden. In country after country, as a result of lockdowns and…

IMF lending — Pakistan vs Egypt

Ever since the IMF rolled out its current programme in Pakistan, the global lending agency’s programme for Egypt has been under intense discussions. The IMF rolled out, in 2016, a…

Incomplete IMF Review

Incomplete IMF review

The IMF Mission for Second Review under the three-year Fund programme, concluded its work last week without reaching a staff level agreement. The Mission and authorities have not given details…

Completion Of The Second IMF Review

Completion of the second IMF review

In a remarkable development, the IMF has announced a staff-level agreement for completion of the Second Review under the EFF for Pakistan. The IMF Mission had earlier left the country…

IMF: lender of the last resort – II

The primary problem of Pakistan is trade deficit, which for the year 2017/2018 is expected to be around USD 35 billion. Our imports for the year 2017/2018 will be around…

All roads lead to the IMF

There are many articles that are being written about what Pakistan needs to do to get out of its economic morass, this author, on the other hand, takes a different…

The IMF and PTI’s policies to-date

The International Monetary Fund (IMF) has not yet firmed up dates for its negotiating mission's visit schedule to Pakistan after the meeting between Prime Minister Imran Khan and the Fund's…

The form and design of IMF programmes

For most of the IMF programmes since 1988, a coupling of short-term programme (Stand-by SBA) with a medium-term programme (Extended Fund Facility (EFF), variously named) has been the norm. The…