An International Monetary Fund delegation is expected to visit Islamabad later this month to hold crucial discussions with Pakistani authorities regarding the country’s fiscal roadmap ahead of the federal budget for fiscal year 2026-27. According to officials familiar with the matter, the IMF mission is likely to arrive in Pakistan on May 13 or 14. […]
Money Managers Urge Reforms to Boost Savings Market Ahead of Budget 2026–27
As Pakistan prepares for the upcoming fiscal plan, financial experts are calling for targeted reforms to make the savings market more attractive for local investors. The appeal comes during pre-budget consultations, where stakeholders are pushing for policies that encourage broader participation in formal investment channels. Finance Minister Muhammad Aurangzeb recently met with a delegation from […]
Saudi Arabia Extends $1 Billion Oil Facility, Rolls Over $5 Billion Deposits to Pakistan
Pakistan’s struggling economy received a major financial boost as Saudi Arabia renewed its long-standing economic support, extending a $1 billion oil facility and rolling over $5 billion in deposits placed with the State Bank of Pakistan (SBP), according to confirmation from the Finance Ministry. The extension underscores Riyadh’s continued commitment to Pakistan’s financial stability, especially […]
Pakistan, IMF Reach Staff-Level Agreement Worth $3.3 Billion Under EFF and RSF
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), a major step signaling renewed confidence in Pakistan’s economic management and reform progress. The agreement covers the second review of the EFF and the first review of the RSF, with […]