Pakistan could be heading towards default unless it secures the remaining $2.6bn in aid under its current International Monetary Fund (IMF) bailout programme by June, according to analysts at Bloomberg, which added that the IMF was likely to release the funds. The country has already fulfilled most of the IMF’s conditions, the economists said. However, […]
The State Bank of Pakistan (SBP) is expected to raise its key policy rate at its upcoming Monetary Policy Committee meeting in early April as the country grapples with high inflation and is in talks with the International Monetary Fund (IMF) for the revival of its bailout package. Arif Habib Limited predicts the SBP will […]