IMF 7 Billion Dollar Program Faces Delays as Pakistan Struggles with Financial Gap

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The approval of Pakistan’s $7 billion IMF program remains uncertain as the IMF Executive Board has released its updated meeting schedule until September 18, 2024, without including Pakistan.

Despite the urgency of the situation, Pakistan’s economic agenda is still missing from the calendar. The delay stems from Pakistan’s ongoing challenges in filling its external financing gap, which is crucial for securing the IMF deal.

There is hope that after resolving the financial hurdles, Pakistan’s case may be added to the IMF’s agenda in upcoming sessions.

Economic experts are closely monitoring the situation, as Pakistan’s economic stability hinges on this much-needed financial support from the IMF.

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