Pakistan anticipates a $7 billion IMF deal following the agreement from friendly nations for a loan extension

Author:

In addition to the loan extension commitments, the Pakistani government has been actively engaging with various international stakeholders to secure economic stability and growth. These efforts include diplomatic discussions and financial negotiations aimed at easing the country’s debt burden and enhancing its fiscal capacity. The government’s proactive stance has been welcomed by economic analysts, who believe that such measures are crucial for maintaining investor confidence and ensuring long-term economic resilience.

Moreover, the extension of loan repayment periods from China, Saudi Arabia, and the UAE is expected to provide Pakistan with much-needed fiscal space to address its domestic economic challenges. This includes managing inflation, stabilizing the currency, and implementing structural reforms to boost economic growth. The government’s focus on economic reforms, coupled with international financial support, is anticipated to create a more conducive environment for sustainable development and poverty alleviation in the country.

Share
Leave a Comment

Recent Posts

  • Pakistan

SBP cuts key policy rate by 250bps to 15pc

The State Bank of Pakistan (SBP) announced on Monday that it had decided to cut…

3 hours ago
  • Pakistan

Verdict reserved on Imran, wife’s bail pleas in 7 cases

The district and sessions court in Islamabad on Monday reserved its verdict on bail pleas…

3 hours ago
  • Pakistan

Six terrorists killed in two KP operations

At least six terrorists were killed by the security forces in two separation operations in…

3 hours ago
  • Pakistan

Punjab has no plan to buy PIA, clarifies minister

Punjab Information Minister Azma Bokhari on Monday said that the provincial government had "no intentions"…

3 hours ago
  • World

Israeli strikes kill 10 in Gaza, keep up pressure on north

Israeli airstrikes killed at least 10 Palestinians in Gaza, with seven dead in an attack…

3 hours ago
  • Pakistan

Every case shouldn’t be sent to constitutional benches: Justice Shah

Supreme Court (SC) judge Justice Mansoor Ali Shah on Monday opposed transferring every case to…

3 hours ago