Pakistan seeks climate finance to augment $7 billion IMF programme
Amid the possibility of requesting augmentation of the IMF programme with the help of climate finance, Pakistan is all set to showcase its commitment to stick to the path of taking tough decisions for fully implementing the Fund-sponsored program under the $7 billion Extended Fund Facility (EFF).
IMF board set to review Pakistan’s programme on Sept 25
The International Monetary Fund (IMF) has scheduled a board meeting for September 25 to review Pakistan’s $7 billion Extended Fund Facility (EFF). This follows the completion of the previous $3 billion loan program and significant policy adjustments by Pakistan, including a 40% tax revenue increase and energy price hikes. Moreover,
What does Pakistan need to do to get a fresh bailout package from IMF?
Pakistan’s economic managers are currently grappling with three pressing issues to stabilize the economy and achieve growth. Engaging with the IMF To navigate these challenges, the economic managers are actively engaging with the International Monetary Fund (IMF). They aim to convert ongoing discussions into formal talks for a new bailout
