Pakistan’s federal government has decided to withdraw from the wheat procurement process, marking a major shift in the country’s agricultural and food security policy. The move comes under pressure from the International Monetary Fund (IMF) as part of broader economic reforms aimed at reducing fiscal burdens and market distortions. According to official sources, both the […]
IMF Raises Concerns Over Pakistan’s Wheat Policy; Govt Clarifies No Fixed Support Price
The International Monetary Fund (IMF) has expressed concern over Pakistan’s newly approved wheat policy, which initially appeared to include a minimum support price (MSP) mechanism — a move the Fund viewed as potentially market-distorting. According to sources within the Ministry of National Food Security & Research, the IMF sought immediate clarification after the policy’s approval, […]
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 […]