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Kamran Shahid engaged in a debate with Musadik Malik Murtaza Solangi and Khurram Shahzad. Join us for a compelling discussion on the current political and economic situation as we delve into the latest events. Pakistan, IMF reach $3bn staff-level agreement.

The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan on a $3bn standby arrangement, the lender said, a decision long awaited by the South Asian nation which is teetering on the brink of default.

The deal, subject to approval by the IMF board in July, comes after an eight-month delay and offers some respite to Pakistan, which is battling an acute balance of payments crisis and falling foreign exchange reserves.

Pakistan Stock Exchange bounces over 2,446 points on the back of IMF deal

The Pakistan Stock Exchange was witnessing a huge surge on Monday – the first working day after the country clinched the $3 billion deal with the International Monetary Fund (IMF) – as the benchmark KSE-100 Index gained 2,446 points.


Pakistan to receive first IMF tranche of $1.1bn in July, says PM Shehbaz. IMF deal effects: Pakistan's rupee gains Rs5 against dollar in open market. Pakistan will require another IMF programme, decision possible after elections: Moody's.
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