Accessibility links

Breaking News

IMF Says Mission Will Visit Pakistan This Month To Discuss New Loan


Pakistani officials meet with IMF negotiators in Islamabad in March 2024.
Pakistani officials meet with IMF negotiators in Islamabad in March 2024.

An International Monetary Fund (IMF) mission is expected to visit Pakistan this month to discuss a new program, the lender said on May 5 ahead of Islamabad beginning its annual budget-making process for the next financial year. Pakistan last month completed a short-term $3 billion program, which helped stave off sovereign default, but the government of Prime Minister Shehbaz Sharif has stressed the need for a fresh, longer-term program. "A mission is expected to visit Pakistan in May to discuss the FY25 budget, policies, and reforms under a potential new program for the welfare of all Pakistanis," the IMF said in an e-mailed response to Reuters.

RFE/RL has been declared an "undesirable organization" by the Russian government.

If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.

To find out more, click here.

XS
SM
MD
LG