INSUBCONTINENT EXCLUSIVE:
Asian country is operating under a caretaker government and the IMF loan programme, approved in July, helped avert a sovereign debt
default.Ahead of the bailout, Pakistan had to undertake a slew of measures demanded by the IMF, including revising its budget, a hike in its
mission led by Pakistan mission chief Nathan Porter concluded its visit in November
It reviewed whether Pakistan was on track to meet benchmarks set under the SBA agreed in July and signed a staff level agreement.Under the
bailout deal, the IMF also got Pakistan to raise $1.34 billion in new taxation to meet fiscal adjustments
The measures fuelled all-time high inflation of 38% year-on-year in May, which is still hovering above 30%.The fund said that despite
tranche would help Pakistan in getting rollovers from friendly countries like the United Arab Emirates, China and Saudi Arabia and ease
government, under interim Prime Minister Anwaar ul Haq Kakar, is meant to oversee a general election.Caretaker governments are usually
Last week the senate passed a non-binding resolution to further delay the elections, citing security concerns and a harsh winter in northern
