ISLAMABAD: The International Monetary Fund (IMF) on Thursday confirmed that its mission could not reach a staff-level agreement (SLA) with Pakistan on the third review of the country’s $7 billion Extended Fund Facility (EFF) and the second review of the Resilience and Sustainability Facility (RSF), although discussions made considerable progress. Read More: Pakistan, IMF reach deal over […]
IMF review
SBP may cut rates after floods, IMF review
Further changes to Pakistan’s interest rate policy will depend on the impact of recent floods and progress in the IMF review. State Bank of Pakistan (SBP) Governor Jameel Ahmad made this statement in an interview with Bloomberg. He said the central bank would continue watching inflation and external sector risks before adjusting rates. The policy […]