Pakistan's IMF Bailout Decision Expected Soon
TL;DR Summary
Pakistani Prime Minister Shehbaz Sharif expressed hope that the International Monetary Fund (IMF) would announce a decision on the release of bailout funds within a day or two. Pakistan's ninth review by the IMF for the release of a $1.2bn tranche is still pending with fewer than 10 days remaining before the programme's expiry on June 30. The IMF has raised several issues with Pakistan's budget for fiscal year 2024, saying that some of the proposed measures went against the EFF programme's conditionality.
- PM Shehbaz hopes for IMF decision in a day or two DAWN.com
- Pakistan on Edge of Default as IMF Deadline Nears The Wall Street Journal
- IMF officials and Pakistan's prime minister hint at deal on $6 billion bailout The Washington Post
- Pakistan Moves Closer to Vital IMF Deal With Last-Ditch Steps Bloomberg
- Pakistan's premier says he hopes the IMF will decide on the bailout for his country in a day or two KSTP
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