- An economic summit is taking place in Islamabad, Pakistan, involving Prime Minister Shehbaz Sharif.
- The Pakistani government, led by Prime Minister Shehbaz Sharif, is discussing tax proposals for Islamabad with the International Monetary Fund delegation.
- The Middle East conflict is impacting global crude prices, coinciding with the IMF reviewing structural conditions and reforms related to Pakistan.
IMF provided resilience financing to Pakistan, with the Middle East region of focus.
1 report, 1 independent
Updated Thu 00:00
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What happened
IMF provided resilience financing to Pakistan, with the Middle East region of focus.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
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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.
- 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.
- The IMF warned about economic resilience and the necessity of policy changes.
- Pakistan's Finance Minister presented the national budget, which is tied to IMF conditions, amidst conflict over militants.
- Pakistan is seeking to diversify its financing options by purchasing a stake in the New Development Bank and seeking BRICS membership to reduce dependence on the IMF.