"pakistan-economy"

An IMF mission held a formal kick-off meeting with Pakistan’s economic team to review the $7 billion Extended Financing Facility and $1.1 billion Resilience and Sustainability Facility. Revenue collection shortfalls and stalled refinery investments are among key discussion points.

Pakistan has a very poor track record in implementing economic reforms that are mandatory with these aid packages from multilateral institutions.

International Monetary Fund’s $1 billion aid to Pakistan raises a pertinent question: Is the IMF truly committed to its mission of ‘discouraging policies that would harm prosperity’

The then-Pakistan government headed by Imran Khan suspended all bilateral trade in August 2019 in retaliation to India abrogating Article 370 of its Constitution

World Bank has estimated a loss of $40 billion to Pakistan's economy as a result of the damage caused by recent cataclysmic floods