External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>Pakistan has depended on the IMF for many decades to overcome its external account funding needs.</li><li>To recall, in July 2019, the IMF Executive Board approved a US$6bn Extended Fund Facility (EFF) program for Pakistan. By August 2022, Pakistan had successfully completed the eighth review out of total eleven reviews and withdrawn SDR 2,144mn, compared to the agreed SDR amount of SDR 4,988mn.</li><li>The ninth review, originally scheduled for November 2022, was delayed because Pakistan was unable to reach a Staff Level Agreement (SLA) due to the lack of implementation of proposed policy actions and meeting external funding requirements.</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>

Pakistan has depended on the IMF for many decades to overcome its external account funding needs.To recall, in July 2019, the IMF Executive Board approved a US$6bn Extended Fund Facility (EFF) program for Pakistan. By August 2022, Pakistan had successfully completed the eighth review out of total eleven reviews and withdrawn SDR 2,144mn, compared to the agreed SDR amount of SDR 4,988mn.The ninth review, originally scheduled for November 2022, was delayed because Pakistan was unable to reach a Staff Level Agreement (SLA) due to the lack of implementation of proposed policy actions and meeting external funding requirements.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 Economy - Pakistan IMF Loan Review