The Finance Ministry on Sunday clarified that the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) measures do not introduce new conditions, but align with Pakistan’s ongoing reform agenda. According to the ministry, the latest Memorandum of Economic and Financial Policies (MEFP) represents a continuation and sequencing of reforms already agreed under the EFF, ensuring […]
IMF Pakistan reforms
IMF reforms are part of Pakistan’s planned agenda
ISLAMABAD – The Ministry of Finance clarified that ongoing reforms under the IMF Extended Fund Facility (EFF) program are not sudden, but a continuation of Pakistan’s previously agreed economic reform agenda. According to the ministry, the Memorandum of Economic and Financial Policies (MEFP) outlines steps proposed by the government at the start of the program. […]
Pakistan stocks surge after IMF praises reforms
Pakistan’s benchmark KSE-100 index gained 1,290 points, or 0.77%, closing at 169,865 on Friday. Improved liquidity and renewed investor confidence followed a fresh IMF report praising government reforms. The IMF report highlighted Islamabad’s commitment to fiscal consolidation, energy sector reforms, and anti-corruption measures. These reforms are key to the $7 billion bailout package secured in […]