- BRICS bloc hosts security chief meetings while calling for reform of global financial structures and international organizations.
- IMF mandates fiscal discipline and budget negotiations in Pakistan.
IMF programs are influencing Pakistan's economic stability, with state-owned enterprises like PIA affected.
2 reports, 2 independent
Updated Jun 8
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What happened
IMF programs are influencing Pakistan's economic stability, with state-owned enterprises like PIA affected.
Who's involved
What this event is mainly aboutKeep exploring
Part of
IMF mandates fiscal discipline and budget negotiations in Pakistan.Also in this story
- Rising living costs and high taxes are causing economic strain in Pakistan, leading to shifts in family priorities and constrained market activity.
- Gohar Ejaz proposed an economic roadmap for Pakistan's national interest during a budget proposal meeting in Lahore.
- The SBP is managing the local currency amid economic pressures caused by the strength of the Pound, impacting Pakistani importers.
The entities involved
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International Monetary Fund
international financial institution
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Pakistan
sovereign state in South Asia
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Pakistan International Airlines
flag-carrier airline of Pakistan
Related events
- The Finance Division manages the IMF program in Pakistan, which involves the State Bank of Pakistan.
- High-level talks confirm the IMF program is underway, focusing on macroeconomic performance and expanding economic cooperation between Pakistan and the US.
- Increased financial exposure is needed to support Pakistan's IMF program, which requires assurances from various international partners, including Saudi Arabia and the UAE.
- Shehbaz Sharif is driving the modernization and revival of Pakistan International Airlines (PIA) to strengthen the national economy.
- IMF provided resilience financing to Pakistan, with the Middle East region of focus.