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 […]
SOE reforms
Pakistan secures $730m financing from Asian Development Bank
Pakistan has signed two financing agreements worth a combined $730 million with the Asian Development Bank (ADB), aimed at strengthening the country’s power transmission network and accelerating reforms in state-owned enterprises (SOEs), according to the Ministry of Economic Affairs. Read More: Pakistan, ADB sign $730m deals for power infrastructure, SOE transformation A spokesperson for the ministry […]