Pakistan's coalition government plans to announce ambitious fiscal targets for its 2024/25 budget, aiming for a $6-8bn IMF bailout.
Pakistan's coalition government plans to announce ambitious fiscal targets for its 2024/25 budget, aiming to secure a new bailout deal with the IMF, estimated at $6-8bn. The budget will focus on closing the gap between revenue collection and total expenditure, with a growth target of 3.6% for the upcoming year. Pakistan is in talks with the IMF to prevent a default in its slowest-growing economy in the region.
June 10, 2024
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