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Published in The News on October 19, 2021 ISLAMABAD: Pakistan requires gross external financing of $51.6 billion within two-year period of the current fiscal year 2021-22 and next fiscal year 2022-23 in order to fulfill its needs. Without striking a deal with the IMF under the existing $6 billion Extended Fund Facility (EFF) during the ongoing parleys […]

By Khaleeq Kiani Published in Dawn, October 14, 2021 ISLAMABAD: The International Monetary Fund (IMF) on Wednesday forecast Pakistan’s major fiscal indicators gradually improving this year and beyond until 2026. In one of its flagship publications — Fiscal Monitor — released on Wednesday, the IMF estimated the government’s overall fiscal deficit at 6.2pc of GDP, primary deficit[…]

Published in The News on October 12, 2021 ISLAMABAD: Pakistan is among the top 10 countries that possess the largest external debt stocks and became eligible for the Debt Service Suspension Initiative (DSSI) in the aftermath of the Covid-19 pandemic. According to International Debt Statistics in 2022, released by the World Bank on Monday, there was a[…]