It’s IMF way or the highway?

By Farhat Ali Published in Business Recorder on March 23, 2024 Announcing the staff-level agreement on the successful completion of the 23rd short-term facility, the IMF (International Monetary Fund) has confirmed that a cash-strapped Pakistan is seeking a 24th successor medium-term bailout package for a permanent push towards longstanding structural reforms. The IMF in its end-of-mission statement […]

Islamabad seeking 24th bailout, IMF confirms

By Khaleeq Kiani Published in Dawn on March 21, 2024 • Three-year programme to focus on strengthening public finances, restoring energy sector’s viability, returning inflation to target • $1.1bn due next month after staff-level accord reached on final review of current package ISLAMABAD: Announ­c­ing the staff-level agreement on the successful completion of the existing short-term facility, the[…]



Fiscal realities: A case for NFC reform

By Dr Miftah Ismail Published in The News on March 20, 2024 SINCE the IMF reportedly asked the government to reconsider the NFC Award, a debate has started in Pakistan about it. Having been the finance minister of our country twice for short durations, I have seen how the 7th NFC Award has worsened our fiscal situation.[…]