IMF – CBN 24-7

Pakistan enters crucial IMF review amid fiscal and trade challenges

cbn2471 month ago07 mins

Riaz HussainPESHAWAR: Formal negotiations between Pakistan and the International Monetary Fund (IMF) for the fourth review of the $7 billion Extended Fund Facility (EFF) and the third review of the Resilience and Sustainability Facility (RSF) are expected to begin as Pakistan faces a mixed economic picture.The IMF mission, led by Iva Petrova, is expected to…

Fitch Raises Pakistan’s Rating to ‘B-‘, Highlights Reform Progress and Outlook Improvement

cbn2472 years ago04 mins

Monitoring Desk : Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-’ from ‘CCC+’, reflecting growing confidence in the country’s recent economic reforms and fiscal discipline. The outlook remains Stable. In a statement issued Tuesday, Fitch cited Pakistan’s strides in narrowing budget deficits, implementing structural reforms, and adhering to its IMF…

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Pakistan enters crucial IMF review amid fiscal and trade challenges

Fitch Raises Pakistan’s Rating to ‘B-‘, Highlights Reform Progress and Outlook Improvement