Today’s Top News ⇒ Pakistan and IMF Reach Staff-Level Agreement on New $7 Billion Loan Program
by
Em Vicky Khan »
-
Site Admin
- Posts: 736
- Joined: April 13th, 2025, 3:36 pm
- Likes Given: 8 times
- Likes Received: 11 times
In a significant development for Pakistan’s struggling economy, the government has reached a staff-level agreement with the International Monetary Fund (IMF) for a new $7 billion Extended Fund Facility (EFF). The agreement, announced today in Islamabad, includes:
Reforms in tax collection and energy pricing
Improved governance and transparency
A commitment to controlling inflation and exchange rate stability
The new deal will be subject to IMF board approval in June, but officials are optimistic.
Why It’s Trending: The agreement could help stabilize Pakistan’s economy and avoid default, a key concern among investors and citizens alike.
Reforms in tax collection and energy pricing
Improved governance and transparency
A commitment to controlling inflation and exchange rate stability
The new deal will be subject to IMF board approval in June, but officials are optimistic.
Why It’s Trending: The agreement could help stabilize Pakistan’s economy and avoid default, a key concern among investors and citizens alike.
-
- Similar Topics
- Replies
- Views
- Last post
-
- 0 Replies
- 1615 Views
-
Last post by Em Vicky Khan
-
- 0 Replies
- 110 Views
-
Last post by Em Vicky Khan
-
- 0 Replies
- 118 Views
-
Last post by Em Vicky Khan
-
- 0 Replies
- 108 Views
-
Last post by Em Vicky Khan
-
- 0 Replies
- 109 Views
-
Last post by Em Vicky Khan