Pakistan, IMF reach staff-level agreement for $1.2 billion loan deal

Pakistan, IMF reach staff-level agreement for .2 billion loan deal

Last week, an IMF mission led by Iva Petrova concluded talks with Pakistani authorities on the second review of the EFF agreed in 2024 and the first review for the RSF climate loan agreed this year, but it left Pakistan without signing a staff-level agreement. | Photo Credit: Reuters Pakistan and the IMF on Wednesday … Read more

Rift surfaces in Pakistan’s ruling coalition as PPP accuses PML-N of budget exclusion

Rift surfaces in Pakistan’s ruling coalition as PPP accuses PML-N of budget exclusion

File photo of former Pakistani Prime Minister Shehbaz Sharif. | Photo Credit: PTI The fissures within Pakistan’s ruling coalition government have surfaced with the PPP, a key ally, accusing the ruling PML-N of sidelining its inputs in the preparation of the annual budget and questioning if the Shehbaz Sharif-led government still values its support. The … Read more