IMF forecasts Pakistan’s net government debt to rise to 65.7% of GDP by 2026
The IMF’s latest Fiscal Monitor report projects Pakistan’s net government debt to increase to 65.7% of GDP by 2026, alongside a modest improvement in fiscal balance and revenue performance.
Pakistan Nears $1.2 Billion IMF Payout as Finance Minister Aurangzeb Anticipates Staff-Level Agreement
Pakistan is expected to finalize a staff-level agreement with the IMF this week, paving the way for a $1.2 billion payout under its ongoing loan programme. Finance Minister Muhammad Aurangzeb leads negotiations aimed at economic stabilization, privatisation, and financing strategies.
Aurangzeb briefs Saudi finance minister on PIA and airport privatisation plans amid reform push
Finance Minister Muhammad Aurangzeb met Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan on the sidelines of IMF and World Bank meetings to discuss Pakistan’s privatisation of PIA and major airports, and to seek Saudi investment support in key sectors.
Pakistan’s $30 Billion Import Reporting Gap Raises Transparency Concerns in Trade Data
A new report reveals a $30 billion gap between import figures recorded by PSW and SBP over five years, raising serious questions about data accuracy. The IMF has called for transparency, and a government committee is investigating the discrepancies to restore market confidence.
FBR to Publicise Civil Servants’ Assets to Meet IMF Governance Condition
The Federal Board of Revenue has issued a draft to amend asset declaration rules for Grade 17-22 officers, making their assets publicly accessible to meet IMF transparency conditions and strengthen governance.
Aurangzeb, IMF’s Jihad Azour Discuss EFF Progress and Emphasize Macroeconomic Discipline
Finance Minister Muhammad Aurangzeb met with IMF’s Jihad Azour in Washington to review the progress of the Extended Fund Facility and reaffirm commitment to Pakistan’s reform agenda and macroeconomic discipline.
Pakistan Faces Prolonged Economic Stagnation as Growth Forecast Falls to 2.6%
Economists warn Pakistan faces a prolonged period of low growth as the World Bank projects only 2.6% growth for FY25-26, raising concerns over inflation, unemployment, and stalled investment.
Pakistan’s Stock Market Surges Over 800 Points on Eve of Federal Budget Announcement
The Pakistan Stock Exchange (PSX) saw a significant rally as the KSE-100 index climbed over 800 points. The surge is attributed to investor optimism surrounding the federal budget for fiscal year 2025-26, which is expected to outline key economic policies and potential benefits for various sectors.