Pakistan Revenue Gains and BISP Subsidy Reform Discussed in IMF Talks
Pakistan exceeds its first-quarter revenue target as IMF talks review BISP cash transfers, electricity subsidy reforms, inflation and economic risks.
Pakistan, IMF Discuss Upcoming Programme Review as Government Reaffirms Reform Commitment
Pakistan and the IMF discussed the forthcoming programme review in New York, with Prime Minister Shehbaz Sharif reaffirming the government’s commitment to reforms, fiscal discipline, stronger external buffers and sustainable economic growth.
IMF Team to Visit Pakistan on September 23 for Review of $7 Billion Programme
An IMF delegation is scheduled to arrive in Pakistan on September 23 for talks covering economic targets, energy sector reforms, inflation, foreign exchange reserves and privatisation.
IMF-Linked Reforms Lead to Abolition of Up to 60% of Vacant Federal Jobs in Pakistan
Pakistan begins abolishing up to 60% of vacant federal government positions as part of spending cuts linked to commitments under the International Monetary Fund programme.
Fitch Assigns B Minus Rating To Pakistan’s Proposed Dollar Eurobond
Fitch Ratings has assigned a B minus rating to Pakistan’s proposed US dollar denominated bond, with an RR4 Recovery Rating, while highlighting external liquidity, fiscal consolidation and governance risks.
Pakistan Launches Process For Five And 10 Year Dollar Eurobond
Pakistan has launched the process for a benchmark U.S. dollar denominated dual tranche Eurobond with five year and 10 year maturities, marking a potential return to international capital markets.
Pakistan’s Fiscal Stability Improves, But Growth Costs Raise Fresh Concerns
Pakistan’s fiscal indicators have improved with primary surpluses and lower debt servicing, but higher taxes, weak investment and restrained development spending raise concerns.
Moody’s Upgrades Pakistan Sovereign Rating to B3 from Caa1
Moody’s upgrades Pakistan’s sovereign credit rating to B3 from Caa1 with a stable outlook, citing improved governance, stronger reserves, fiscal gains and easing external risks.
Pakistan Posts Rs3.63 Trillion Primary Surplus, Surpasses IMF Target In FY2025-26
Pakistan recorded a Rs3.63 trillion primary budget surplus in FY2025-26, exceeding the IMF target by Rs464 billion as the federal deficit narrowed to Rs4.8 trillion.
Pakistan Requests $10B US Stabilization Facility Following Regional Diplomatic Efforts
Pakistan has requested a $10 billion exchange stabilization facility from the US Treasury to boost foreign exchange reserves and stabilize the rupee.