Islamabad 51
  • Home
  • Latest
  • City
  • National
  • International
  • Education
  • Sports
  • Tech
  • Showbiz
  • Privacy Policy
  • Contact Us
  • About Us
No Result
View All Result
  • Home
  • Latest
  • City
  • National
  • International
  • Education
  • Sports
  • Tech
  • Showbiz
  • Privacy Policy
  • Contact Us
  • About Us
No Result
View All Result
Islamabad 51
No Result
View All Result
Home Latest

IMF deal boosts Pakistan’s funding prospects, says Moody’s

News Desk by News Desk
May 13, 2025
in Latest, National
0
Picture of moody's building
Share on FacebookShare on Twitter

ISLAMABAD: Global rating agency Moody’s stated that Pakistan’s staff-level agreement with the International Monetary Fund (IMF) “enhances funding prospects, but the ability to maintain reforms is crucial to reducing liquidity risks.”

The Shehbaz Sharif-led government and the IMF secured a three-year, $7 billion aid package deal on Saturday, according to the Washington-based institution, providing much-needed relief to the nation.

Commenting on the new IMF deal, Moody’s stated, “the new IMF programme will improve Pakistan’s (Caa3 stable) funding prospects.”

More Insights: Explore Related Stories

Karachi: Sindh introduces driving school to improve road safety

Aleema Khan summoned by NCCIA over social media posts

ECP asks Peshawar High Court to ensure Senate elections are held

CDA relaxes bidding rules for Islamabad’s Shaheen Chowk underpass project

“The program will offer reliable financing from the IMF and stimulate funding from other bilateral and multilateral partners to address Pakistan’s external financing requirements.”

However, the agency warned that Pakistan’s ability to maintain reform implementation will be crucial for unlocking financing throughout the IMF program, thereby achieving sustainable reduction of government liquidity risks.

Regarding the terms of the new program, Moody’s noted it “includes conditions for extensive reforms, such as expanding the tax base, eliminating exemptions, adjusting energy tariffs promptly to enhance sector viability, improving management of state-owned entities (SOEs), privatizing, phasing out agricultural support prices and related subsidies, and gradually liberalizing trade policies.”

However, the agency acknowledged that social tensions stemming from the high cost of living could impact reform implementation, particularly concerning increased taxes and upcoming adjustments to energy tariffs.

“Furthermore, concerns persist that the coalition government may lack a sufficiently strong electoral mandate to consistently implement challenging reforms,” the comment stated.

As per the IMF’s May report, Pakistan needs about $21 billion to cover its external funding needs for the fiscal year ending in June 2025, and around $23 billion for the fiscal year 2026-27.

Moody’s noted that the country’s current foreign reserves “are much lower than what is needed.”

Tags: Funding ProspectsMoody's Pakistan StatementPakistan IMF Agreement
Previous Post

Sindh changes exam schedule for matric, intermediate from next year

Next Post

OpenAI developing ‘Strawberry’ project for new reasoning technology

News Desk

News Desk

Related Posts

Driving Training Area

Karachi: Sindh introduces driving school to improve road safety

by News Desk
July 16, 2025
0

KARACHI: Sindh Home Minister Zia-ul-Hassan Lanjar formally inaugurated the Sindh Police Driving School at the Police Training School in Saeedabad,...

NCCIA

Aleema Khan summoned by NCCIA over social media posts

by Editor Isb
July 16, 2025
0

The National Cyber Crime Investigation Agency (NCCIA) Lahore Zone has summoned Aleema Khan, sister of PTI founder Imran Khan, for...

ECP Election Commission

ECP asks Peshawar High Court to ensure Senate elections are held

by Editor Isb
July 16, 2025
0

PESHAWAR: The Election Commission of Pakistan (ECP) has approached the Peshawar High Court (PHC) to facilitate the holding of Senate...

Next Post
Open Ai Technology Picture Design Artificial Intelligence

OpenAI developing 'Strawberry' project for new reasoning technology

Budget Tax

Financial Mis-Management and Our Budgetary Gap

President Biden’s COVID-19 diagnosis disrupts campaign schedule

President Biden's COVID-19 diagnosis disrupts campaign schedule

Mountains Picture

NDMA warns of potential glacial lake outburst floods in KPK, Gilgit Baltistan

Follow Us

Recommended

Barrister Muhammad Saif

KP govt announces free transplants, implants services under health card

3 months ago
Prime Minister Shehbaz Sharif to Attend Shanghai Cooperation Organization

Prime Minister Shehbaz Sharif to Attend Shanghai Cooperation Organization

2 years ago
Taylor Swift Announces “Speak Now (Taylor’s Version)” Release, Sparks Speculation

Taylor Swift Announces “Speak Now (Taylor’s Version)” Release, Sparks Speculation

2 years ago
image of shehbaz sharif

PM Shehbaz Sharif Vows to Combat Corruption and Propel Economic Growth

1 year ago

Categories

  • City
  • Education
  • International
  • Latest
  • National
  • Showbiz
  • Sports
  • Tech
  • Uncategorized

Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Home 1
  • Privacy Policy
  • Terms of Service

Follow us on Google News for Latest Updates

Recent News

  • Karachi: Sindh introduces driving school to improve road safety
  • Aleema Khan summoned by NCCIA over social media posts
  • ECP asks Peshawar High Court to ensure Senate elections are held

Category

  • City
  • Education
  • International
  • Latest
  • National
  • Showbiz
  • Sports
  • Tech
  • Uncategorized
No Result
View All Result
  • Home
  • Latest
  • City
  • National
  • International
  • Education
  • Sports
  • Tech
  • Showbiz
  • Privacy Policy
  • Contact Us
  • About Us

© 2023 Islamabad51