The International Monetary Fund (IMF) staff-level agreement was reached with Pakistani authorities on 12 May 2019, a Sunday. By Thursday 16 May the State Bank of Pakistan's (SBP's) Governor, appointed only a week before on 4 May, whose appointment is the
Much has been made of the achievability (or not) of the 5.5 trillion rupee revenue target for the current year against 4.1 trillion rupees as per the revised estimates of last year noted in the budget documents (data that is being challenged). The attainm
The International Monetary Fund's Extended Fund Facility (EFF) programme design for Pakistan (July 2019-September 2022) is uncannily similar to that for Egypt (November 2016-2019 with the last mandatory review held on 24 July 2019) leading critics to main