IMF Executive Board Completes the Combined Second, Third, Fourth, and Fifth Reviews of the Extended Fund Facility for Pakistan

Published in International Monetary Fund on March 24, 2021 The IMF Executive Board completed today the combined second through fifth reviews of the Extended Arrangement under the Extended Fund Facility (EFF) for Pakistan, allowing for an immediate purchase equivalent to about US$500 million for budget support. Program performance has remained satisfactory notwithstanding the unprecedented challenges of the […]

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25

Mar

State Bank Act amendments

By Khurram Husain Published in DAWN on March 25, 2021 LET me start with a disclaimer. I will not venture an opinion in this article on whether the proposed amendments to the State Bank Act are good or bad. I will simply lay out what is happening here and let the readers decide for themselves whether it[…]

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25

Mar

IMF programme back on track

By Shahbaz Rana Published in The Express Tribune on March 25, 2021 ISLAMABAD: The International Monetary Fund (IMF) on Wednesday approved four pending reviews of Pakistan’s economy and the release of the next loan tranche of around $500 million, reviving the $6 billion programme after it remained derailed for over a year. In order to put the[…]

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