Pakistan and IMF: Advanced Stage in Securing External Financing Assurances

Tuesday, 3 September 2024, 03:43

Rightsizing committee activities indicate Pakistan and IMF are in an advanced stage for external financing assurances. This is crucial as the IMF board meeting approaches, aiming to secure crucial financing for the Pakistan economy. The latest discussions around CPI inflation and tax collection by FBR highlight the importance of the IMF programme.
Brecorder
Pakistan and IMF: Advanced Stage in Securing External Financing Assurances

Pakistan's Path to External Financing

This comes as Pakistan works on securing a rollover of $12 billion in loans from key allies, including China, Saudi Arabia, and the United Arab Emirates (UAE). The IMF executive board is slated to meet soon, emphasizing vital negotiations around the IMF loan approval.

CPI Inflation and Tax Collection

Recent data from the Pakistan Bureau of Statistics shows that inflation rates are affecting tax collection by the FBR. This will be a major discussion point as the IMF and Pakistan navigate their ongoing programme.

  • Rightsizing committee roles
  • IMF board meetings
  • External financing negotiations
  • CPI inflation impact
  • Tax collection issues

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe