Hinting at entrenched high inflation, the International Monetary Fund (IMF) on Tuesday lowered its forecast for Pakistan’s economic growth rate for the current fiscal year to just 0.5 per cent, with inflation going beyond 27pc and the unemployment rate increasing to 7pc. This showed an unambiguous deterioration of economic fundamentals over the last six months since October when the Fund forec
International Monetary Fund (IMF) Middle East and Central Asia Director Jihad Azour on Wednesday expressed his confidence that the staff-level agreement between Pakistan and the international money lender would be signed "soon" following the board's approval. The remarks came during the IMF’s spring meeting held in Washington, which Finance Minister Ishaq Dar attended via Zoom from Islamabad, a
International Monetary Fund (IMF) Middle East and Central Asia Director Jihad Azour on Wednesday expressed his confidence that the staff-level agreement between Pakistan and the international money lender would be signed "soon" following the board's approval. The remarks came during the IMF’s spring meeting held in Washington, which Finance Minister Ishaq Dar attended via Zoom from Islamabad, a
International Monetary Fund (IMF) Middle East and Central Asia Director Jihad Azour on Wednesday expressed his confidence that the staff-level agreement between Pakistan and the international money lender would be signed "soon" following the board's approval. The remarks came during the IMF’s spring meeting held in Washington, which Finance Minister Ishaq Dar attended via Zoom from Islamabad, a
International Monetary Fund (IMF) Middle East and Central Asia Director Jihad Azour on Wednesday expressed his confidence that the staff-level agreement between Pakistan and the international money lender would be signed "soon" following the board's approval. The remarks came during the IMF’s spring meeting held in Washington, which Finance Minister Ishaq Dar attended via Zoom from Islamabad, a