External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>IMF executive board has approved first review for Pakistan under the Stand By Agreement (SBA) which is likely to lead to the release of US$700mn tranche. This will take total disbursement by IMF under the SBA program to US$1.9bn to Pakistan and will help support foreign exchange reserves of the country.</li><li>We believe that after IMF board approval, more dollar funding for Pakistan is likely from Bi-lateral, Multi-lateral and other sources. This will also facilitate rollovers, supporting foreign exchange reserves and bringing stability to the currency.</li><li>In its press release, IMF stated that economic activity has stabilized, though the outlook remains challenging and contingent on the implementation of sound policies.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

IMF executive board has approved first review for Pakistan under the Stand By Agreement (SBA) which is likely to lead to the release of US$700mn tranche. This will take total disbursement by IMF under the SBA program to US$1.9bn to Pakistan and will help support foreign exchange reserves of the country.We believe that after IMF board approval, more dollar funding for Pakistan is likely from Bi-lateral, Multi-lateral and other sources. This will also facilitate rollovers, supporting foreign exchange reserves and bringing stability to the currency.In its press release, IMF stated that economic activity has stabilized, though the outlook remains challenging and contingent on the implementation of sound policies.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pakistan Government International Bond (PKSTAN GOVT)

IMF First Review of SBA - GDP Growth, Inflation, Current Account estimates adjusted downwards