AN IMF delegation is in Islamabad to assess progress on the Fund’s ongoing $7bn funding programme amidst hopes that the review will not encounter any serious obstacles that could delay the next tranche. The mission will evaluate how Pakistan has done on quantitative performance criteria, structural benchmarks and indicative targets for the first half of the current fiscal year. There have been some “technical slippages”, … Continue reading IMF scrutiny

THE technical IMF mission, which is taking stock of Pakistan’s economic governance structure and its vulnerability to corruption, is expected to widen the focus of the reform effort to a broader range of institutional restructuring for inclusive and sustained growth. The mission will be in the capital for a week to scrutinise the “severity of corruption vulnerabilities” across six core state functions: fiscal governance, central … Continue reading IMF scrutiny