The Federation of Pakistan Chambers of Commerce and Industry has released a set of four independent “shadow” policy reports proposing a major overhaul of Pakistan’s economic direction aimed at faster growth and fiscal stability. The documents outline an alternative framework focused on expanding exports, improving tax collection, and reducing fiscal pressure on the state. Business […]
economic reforms
IMF backs Pakistan’s fiscal stability efforts
The International Monetary Fund has reaffirmed support for Pakistan’s fiscal stability efforts and agreed to continue discussions with authorities on the upcoming federal budget and economic reforms. An IMF mission led by Eva Petrova visited Islamabad from May 13 to 20 to review recent economic developments, reform progress and budget planning for fiscal year 2027. […]
Pakistan’s circular debt in energy sector rises to Rs5.2 trillion
Pakistan’s circular debt in the energy sector has climbed to Rs5,206 billion, highlighting continued financial stress in the country’s power and gas systems, according to the latest figures cited in an International Monetary Fund (IMF) report. Read More: Power sector circular debt edges up despite payments The report shows that the total circular debt includes Rs3,442 […]
Pakistan receives $1.3bn IMF tranche
Pakistan has received $1.3 billion from the International Monetary Fund under its ongoing financial assistance programmes, providing fresh support to the country’s foreign exchange reserves. In a statement, the State Bank of Pakistan confirmed the receipt of funds, saying the transfer was made under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility […]
IMF delegation arrives for Pakistan budget talks
An International Monetary Fund (IMF) delegation is set to arrive in Pakistan on Tuesday to begin discussions on the country’s federal budget for fiscal year 2026–27, as Islamabad prepares its next economic roadmap. According to official sources, formal talks between Pakistan’s economic team and the IMF mission will begin on May 13 and continue through […]
IMF decision on $1.2bn tranche expected today
Finance Minister Muhammad Aurangzeb has expressed optimism that the International Monetary Fund (IMF) Executive Board will approve Pakistan’s next $1.2 billion loan tranche during its meeting scheduled for Friday in Washington, DC. Read More: Pakistan meets most IMF targets, $1.2 billion tranche approval likely Speaking during a briefing of the National Assembly Standing Committee on Finance and Revenue, chaired […]
IMF sets strict conditions for sovereign wealth fund
The International Monetary Fund (IMF) has reportedly demanded that Pakistan implement six strict conditions to make its sovereign wealth fund fully operational, according to official sources in Islamabad. The conditions are aimed at strengthening financial discipline and limiting the fund’s exposure to riskier economic activities. Under the proposed framework, the sovereign wealth fund would be […]
Pakistan’s economy improving, GDP seen near 4pc: finance minister
Pakistan’s Finance Minister Muhammad Aurangzeb has said the country’s economy is showing signs of recovery, expressing optimism that gross domestic product (GDP) growth could reach around 4 per cent in the current fiscal year. Read More: IMF lowers Pakistan GDP growth forecast to 3.2% Speaking at the EU-Pakistan Business Forum in Islamabad, the minister highlighted improving macroeconomic […]
IMF chief praises Pakistan’s reform progress after meeting Aurangzeb
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has praised Pakistan’s progress on economic reforms and noted improvements in macroeconomic stability following a meeting with Finance Minister Muhammad Aurangzeb, according to statements released on the sidelines of the IMF–World Bank Spring Meetings 2026 in Washington. Read More: Finmin highlights reform priorities at Harvard discussion The finance minister […]
Aurangzeb held meetings with World Bank officials during Spring Meetings 2026
Pakistan’s Finance Minister Senator Muhammad Aurangzeb held key meetings with senior officials of the World Bank Group during the World Bank–IMF Spring Meetings 2026 in Washington, focusing on economic cooperation and reform priorities. Read More: Finmin discusses reform agenda, social protection with WB’s director In his meeting with Anna Bjerde, Managing Director (Operations) at the […]