Connect with us

Hi, what are you looking for?

Dollar Background


No breakthrough about $1 billion next IMF tranche for Pakistan

ISLAMABAD: There is no breakthrough, so far, about the payment of next tranche from the IMF for Pakistan.

The federal government was expecting the disbursement of next IMF tranche in Oct/Nov in the wake of devastating floods, but the IMF still has locked horns over the achievement of the fiscal targets _ irrespective of rains and floods catastrophic damage to economy of Pakistan.

A deadline between the government and the IMF is persisting about the evaluation of performance to date and forward-looking strategies.

Despite claim of finance minister Ishaq Dar of completing all the targets of IMF, the fund did not release the amount of next tranche.

According to sources, IMF wants completion of all end-quarter performance criteria and targets mentioned in the programme.

The federal government officials are still optimistic that soon the 9th review would be completed which will lead to the release of the next tranche of $1 billion for Pakistan.

Javed Mahmood
Written By

I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.


The United States needs one million additional electrician workers to meet its environmental objectives, and the shortage of male electricians has highlighted the importance of...

Latest Updates

QUETTA/ISLAMABAD: A female teacher ended her life by committing suicide and got rid of the consistent harassment she was facing from the Levies security...

Latest Updates

The police have detained 532 people in connection with the violent protests on May 9 and the attack on the General Headquarters (GHQ) and...

Latest Updates

Imran Khan Raises Questions Over Judicial Independence in Pakistan