Tag Archives: IMF loan

On Wednesday, Pakistan’s central bank revealed that the country will repay a total of $24.8 billion in foreign debt and interest payments for the fiscal year 2024-25. This figure is a reduction from the previous projection of $26.2 billion, representing a 5% decrease of $1.4 billion. The adjustment indicates that meeting financial obligations might be more manageable than initially anticipated. …

Introduction: Prime Minister Shehbaz Sharif of Pakistan addressed the recent electricity tariff hike and emphasized the necessity of drastic structural and economic reforms to benefit from the International Monetary Fund (IMF) loan program. In a meeting with prominent businessmen and industrialists, the PM stressed the importance of national unity and sacrifices to initiate the much-needed reforms. Electricity Tariff Hike and …