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 […]
Why Pakistan’s Next Budget Could Decide the Country’s Economic Future
As Pakistan prepares its federal budget for year 2026-27, economists and policy experts say the government must move beyond traditional tax-heavy measures and present reforms capable of driving long-term economic growth. The upcoming budget arrives at a crucial moment for Pakistan’s economy as the country continues implementing reforms under the International Monetary Fund’s Extended Fund […]
Pakistan Plans Historic Yuan Bond Launch After IMF Lifeline
Pakistan is set to enter China’s capital markets for the first time through a yuan-denominated Panda bond next week, Finance Minister Muhammad Aurangzeb announced on Saturday, as Islamabad moves to strengthen foreign exchange reserves and reduce reliance on traditional external lenders. “God willing, next week you will hear good news that for the first time, […]
$3Bn Lifeline: Pakistan, Saudi Arabia Sign Key Financial Agreement
Pakistan and Saudi Arabia have signed an agreement to extend a $3 billion deposit placed with the State Bank of Pakistan, providing crucial support to the country’s foreign exchange reserves at a time of mounting external financing pressures. The development was confirmed by Finance Minister Muhammad Aurangzeb, who announced the agreement during his engagements in […]
Pakistan receives $2bn Saudi deposit as reserves get major boost
Pakistan has received $2 billion from Saudi Arabia, the State Bank of Pakistan (SBP) confirmed, providing a timely boost to the country’s foreign exchange reserves as it faces growing external financing challenges. The central bank said the funds were received from the Kingdom’s Ministry of Finance with a value date of April 15, strengthening Pakistan’s […]