Islamabad, May 9, 2025 – Prime Minister Shehbaz Sharif on Friday confirmed that the International Monetary Fund (IMF) has approved a $1 billion tranche for Pakistan, marking a key milestone in the country’s efforts to stabilize its economy and restore investor confidence.
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IMF cuts Pakistan GDP growth forecast amid global uncertainty
ISLAMABAD: The International Monetary Fund (IMF) has revised its GDP growth forecast for Pakistan, lowering the projection for fiscal year 2025 to 2.6 percent — a 0.4 percent drop from its earlier estimate of 3 percent published in January 2025.
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IMF Approves Pakistan’s EFF, RSF for Stability Boost
Washington, March 25, 2025 – Pakistan has successfully reached a staff-level agreement with the International Monetary Fund (IMF) on the first review of its Extended Fund Facility (EFF) and a new arrangement under the Resilience and Sustainability Facility (RSF).
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IMF and Pakistan Advance Towards Staff-Level Agreement
Islamabad, Pakistan – The International Monetary Fund (IMF) and Pakistan have made substantial progress in negotiations to reach a Staff-Level Agreement (SLA) under the ongoing 37-month Extended Arrangement supported by the Extended Fund Facility (EFF).
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IMF Mission Evaluates Corruption in Pakistan
Islamabad, February 9, 2025 – The International Monetary Fund (IMF) mission has arrived in Pakistan to assess the extent of corruption vulnerabilities across six key state functions, according to a statement released by the finance ministry on Sunday.
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Aurangzeb Rules Out Mini Budget After Productive IMF Talks
Islamabad, November 16, 2024 – Federal Finance Minister Muhammad Aurangzeb has dismissed the possibility of introducing a mini-budget after the conclusion of successful discussions with the International Monetary Fund (IMF). The talks, which included an in-person visit by the IMF mission led by Nathan Porter, were described as productive and aimed at fostering confidence rather than reviewing Pakistan’s economy.
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IMF Recommends Reducing State Role in Pakistan Economy
Islamabad, November 16, 2024 – The International Monetary Fund (IMF) has recommended that Pakistan reduce state intervention in its economy and foster greater competition to support sustainable growth. This advice followed the conclusion of a staff visit to Pakistan, led by Nathan Porter, from November 12 to 15, 2024.
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FBR Shares Collection Strategy with IMF to Sidestep Mini Budget
Islamabad, November 14, 2024 – In a decisive move to meet Pakistan’s ambitious revenue collection target without resorting to a mini budget, the Federal Board of Revenue (FBR) has shared an actionable plan with the International Monetary Fund (IMF). FBR has committed to achieving the 2024-25 revenue target of PKR 12.9 trillion, reinforcing its stance against imposing additional taxation measures.
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IMF Delegation Meets Aurangzeb to Discuss EFF Progress
Islamabad, November 12, 2024 – The International Monetary Fund (IMF) delegation, led by IMF Mission Chief Nathan Porter, held an initial meeting with Finance Minister Muhammad Aurangzeb on Tuesday to discuss Pakistan’s economic progress under the Extended Fund Facility (EFF).
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FBR and IMF Engage in Talks on Potential Revenue Measures
On Monday, the Federal Board of Revenue (FBR) presented the International Monetary Fund (IMF) with an overview of Pakistan’s current fiscal standing, detailing revenue collection progress for the fiscal year 2024-25 and addressing strategies to bridge a projected shortfall of Rs 230 billion for the second quarter (October-December).
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