Amid geopolitical risks, the IMF program has helped secure a fresh disbursement, allowing the Finance Minister to outline a path for economic recovery in Pakistan.
1 report, 1 independent
Updated Jun 15
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What happened
Amid geopolitical risks, the IMF program has helped secure a fresh disbursement, allowing the Finance Minister to outline a path for economic recovery in Pakistan.
Who's involved
What this event is mainly aboutKeep exploring
Part of
State Bank of Pakistan manages monetary policy and uses Pakistan Bureau of Statistics data for economic outlook.Also in this story
- The Monetary Policy Committee of the State Bank of Pakistan met in Karachi.
- New census data from the Pakistan Bureau of Statistics reveals that Pakistan's mortgage finance lags behind several Southeast Asian nations.
The entities involved
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Pakistan
sovereign state in South Asia
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International Monetary Fund
international financial institution
Related events
- The Finance Division manages the IMF program in Pakistan, which involves the State Bank of Pakistan.
- Increased financial exposure is needed to support Pakistan's IMF program, which requires assurances from various international partners, including Saudi Arabia and the UAE.
- IMF provided resilience financing to Pakistan, with the Middle East region of focus.
- The IMF has provided a $2.9 billion recovery program for Sri Lanka, while noting the country's vulnerability to external shocks from the Middle East crisis.
- Pakistan's Finance Minister presented the national budget, which is tied to IMF conditions, amidst conflict over militants.