According to Dawn, a clear roadmap on external financing and domestic budgetary steps, coupled with substantial energy cost adjustments, should have led to sharing of a draft Memorandum of Economic and Fiscal Policies (MEFP) by the visiting IMF mission wit the authorities at least a day b
A government official said that the remaining loan repayment requirements and external financing of managing the current account deficit to the tune of USD 8 to USD 10 billion cannot be raised of the stalled IMF programme.
Islamabad [Pakistan], October 19 (ANI): Pakistan is in the throes of a deep economic crisis with the country requiring gross external financing of USD 51.6 billion within a two-year period (2021-2023) in order to fulfill its needs.