Islamabad: Negotiations between Pakistan and the International Monetary Fund (IMF) are set to reach their final stage today, with the signing of the Memorandum of Economic and Financial Policies (MoEFP).
The IMF has expressed deep concern over Pakistan’s rising inflation, foreign exchange payment challenges, and threats to economic growth. Ongoing global economic uncertainty has intensified external pressures on Pakistan’s economy, making these talks particularly significant.
According to economic analysts, the agreement is expected to accelerate financial reforms and help stabilize the economy. They believe it could play a crucial role in restoring investor confidence and ensuring fiscal discipline.
Meanwhile, the government continues to implement measures aimed at tackling the ongoing economic crisis, including structural reforms, efforts to broaden the tax base, and steps to enhance governance and fiscal management.
The signing of the MoEFP is seen as a key milestone that could pave the way for the next IMF loan tranche and provide much-needed financial support to Pakistan’s struggling economy.
