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                      NADRA Launches Cost-Friendly, Smarter ID Cards
                      May 4, 2025
                      Major Railway Stations are Getting ATMs Soon
                      May 4, 2025

                      IMF Moves Forward With Pakistan Loan Review

                      Published by Varda Shamshad on May 4, 2025
                      Categories
                      • News Update
                      • Policy
                      Tags

                      Despite reported concerns raised by India, the International Monetary Fund (IMF) is proceeding with Pakistan’s loan program review as scheduled. IMF representative Mahir Binici confirmed that the Executive Board meeting is set for May 9, during which the first review of Pakistan’s existing loan program will be evaluated.

                      The IMF has not acknowledged any delays or reconsiderations stemming from India’s request. This reaffirms the Fund’s procedural independence and focus on member-state agreements rather than external political pressures.

                      In addition to the loan review, Pakistan is also requesting support for a climate-related financing program, which will be discussed during the same session. This marks an important step for Pakistan as it seeks not just macroeconomic stability but also long-term resilience against climate challenges.

                      With economic pressures mounting and reforms ongoing, Pakistan’s engagement with the IMF remains a critical lifeline. The upcoming board meeting will likely influence the trajectory of fiscal policy and reform momentum for the coming year. May 9 will be a pivotal moment in Pakistan’s economic roadmap.

                      Author

                      • Varda Shamshad

                        The author is an accountant by profession, though she often reflects on the irony of struggling with numbers. Despite her career path, she has always found solace in words, harboring a lifelong love for reading that began in childhood. Journalism or English literature could have easily been her alternate calling. A natural storyteller, she has developed a passion for writing, using her craft to bring unnoticed stories to light and make them resonate with others

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