A typical IMF (International Monetary Fund) programme, including a Stand-by Facility, has a set of quantitative performance criteria, indicative targets and structural conditionalities. These represent targets in different key areas…
The uncertainty surrounding the International Monetary Fund (IMF) programme is one single factor that has been haunting the country’s economy and fiscal sustainability for months. It has swung the market…
Pakistan, one of the major victims of climate change, is fighting alone to manage the damages caused due to catastrophic flooding and unprecedented rains that have affected almost one-third of…
Pakistan has less than US$3 billion in foreign reserves, enough to finance less than three weeks of imports. It owes more than US$9 billion in principal and interest payments in…
‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP between 2019 and 2021. At least 25 developing economies devote…
The meetings between the IMF staff and the government’s economic team came to an end in Doha on the 25th of May. The IMF mission leader has issued a statement…
The IMF Staff Review Report on the sixth review of the on-going IMF program was released on the 4th of February following its successful completion and the approval of $1…
The IMF sixth review staff report published recently contains some ambitious targets for the public finances of the federal and provincial governments combined for 2021-22. These are reflected in the…
‘[Pakistan’s] GDP growth fell to a little under 4 percent a year over 1988–2000, compared to almost 6 percent in the two previous decades, with a sharp slowdown in capital…
The IMF Programme which remained suspended for almost one year has become operational once again. Effectively the Programme has entered the period of the Sixth Quarterly Review up to the…
