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Expert briefing
Publication date: 9 May 2024
Expert Briefings Powered by Oxford Analytica

Islamabad now seeks a larger, longer-term bailout programme with the Fund. Finance Minister Muhammad Aurangzeb has suggested that a staff-level agreement on such a package could…

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Expert briefing
Publication date: 21 February 2024
Expert Briefings Powered by Oxford Analytica

The elections, resulting in a fractured mandate and marred by allegations of rigging, have increased polarisation. Separately, Pakistan’s nine-month, roughly USD3bn Stand-By…

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Expert briefing
Publication date: 4 October 2023
Expert Briefings Powered by Oxford Analytica

The bailout’s second tranche cannot be released until the review is complete. Separately, the government is battling accusations that it is protecting individuals who helped…

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Expert briefing
Publication date: 24 July 2023
Expert Briefings Powered by Oxford Analytica

The staff-level agreement on the package was announced on June 29, the day before an Extended Fund Facility (EFF) arrangement which Pakistan had with the IMF expired with around…

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Expert briefing
Publication date: 21 April 2023
Expert Briefings Powered by Oxford Analytica

Separately, the IMF’s Executive Board on March 20 approved a four-year, roughly USD3bn Extended Fund Facility for the country. The approval came around ten months after Sri Lanka…

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Expert briefing
Publication date: 4 October 2022
Expert Briefings Powered by Oxford Analytica

He replaces Miftah Ismail, who played a key role in ensuring that Pakistan got its bailout programme with the IMF back on track after a hold-up. Dar faces a tough challenge to…

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Expert briefing
Publication date: 26 August 2022
Expert Briefings Powered by Oxford Analytica

Laos’s critically low foreign exchange (forex) reserves, significant currency depreciation and high inflation are prompting many external observers to suggest that it could soon…

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Expert briefing
Publication date: 4 August 2022
Expert Briefings Powered by Oxford Analytica

At least part of the support would be from the Fund’s new Resilience and Sustainability Trust (RST). Several media reports have described Dhaka’s move as a request for a bailout…

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Expert briefing
Publication date: 12 July 2022
Expert Briefings Powered by Oxford Analytica

Prime Minister Ranil Wickremesinghe, only appointed in May, has also said he will quit. Wickremesinghe has played a key role in talks with the IMF over a desperately needed…

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Expert briefing
Publication date: 15 July 2022
Expert Briefings Powered by Oxford Analytica

The programme will resume once approved by the Fund’s Executive Board. The last tranche of the loan received to date was disbursed earlier this year, under then premier Imran…

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