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,
IMF uncertain about approving new loan for Pakistan
During a briefing in Washington, International Monetary Fund (IMF) Director of Communications, Julie Kozack, stated that it is still too early to determine whether ongoing discussions with Pakistan will result in a new loan package. When asked if the talks could lead to a staff-level agreement on a new loan
