Farmers and activists in Pakistan demand the restoration of PASSCO amid concerns over IMF and World Bank policies.
1 report, 1 independent
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What happened
Farmers and activists in Pakistan demand the restoration of PASSCO amid concerns over IMF and World Bank policies.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Pakistan is facing severe economic challenges, requiring bailouts from the IMF and relying on World Bank data and financing from Saudi Arabia.Also in this story
- The economic challenges facing Pakistan are being exacerbated by the IMF approval process, which now hinges on finding alternative revenue sources.
- Pakistan managed external financing requirements and rolled over $5 billion in debt for three years.
- Pakistan seeks IMF programs to unlock World Bank loans while the World Bank examines the NFC Award for financial viability.
The entities involved
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Pakistan
sovereign state in South Asia
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International Monetary Fund
international financial institution
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World Bank
international financial institution
Related events
- Pakistan seeks financing through World Bank Group guarantees and explores MIGA coverage while discussing economic reforms.
- Pakistan is exploring digital finance opportunities and seeking cooperation on financial innovation with the IMF, IFC, and World Bank Group.
- Pakistan advocates reforms at the UN, receives World Bank assistance, and mediates between Iran and the US.
- A US delegation visited Pakistan for cooperation talks, involving the Pakistan Poverty Alleviation Fund and Federal Minister Syed Imran.
- Pakistan seeks to renegotiate financing terms with the International Islamic Trade Finance Corporation.