Pakistan, IMF reach agreement on new $7bn loan program
Deal subject to approval by IMF Board, confirmation of financing from Pakistan’s development, bilateral partners
Fiscal Consolidation
Modi sticks to fiscal discipline in pre-election budget, prioritising infrastructure
Strategic move aims to attract investors and potentially secure a third term for the Bharatiya Janata Party (BJP)
IMF greenlights $700 million tranche for Pakistan
Pakistan has already received $1.2 billion under this nine-month program
SBP holds policy rate steady at 22% for fourth consecutive time
Decision aligns with prevailing market expectations and comes amid complex economic landscape
SBP keeps policy rate unchanged at 22% amid IMF review
This decision comes at a crucial juncture for Pakistan's economic growth
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