IMF has concluded its latest mission to Pakistan after securing commitments from Islamabad to maintain strict fiscal discipline and achieve a primary budget surplus target of 2% of gross domestic product in fiscal year 2027-28. The IMF delegation, led by advisor Iva Petrova, visited Islamabad from May 13 to May 20 for talks with officials […]
Pakistan Gets $1.3 Billion IMF Boost as SBP Reserves Rise
Pakistan received around $1.3 billion from the International Monetary Fund (IMF), giving the country’s foreign exchange reserves a major boost. The State Bank of Pakistan (SBP) confirmed the development on Wednesday. #SBP has received about US$1.3 billion under the IMF’s EFF and RSF programs The IMF Executive Board completed third review under the Extended Fund […]