پاکستان آئی ایم ایف اور معیشت pakistan imf and economy

   

مہنگائی ،عوام اور حکومت

  PAKASTAN IMF AND ECONOMY The cost of insuring Pakistan's five-year sovereign debt rose 1,224 basis points over the weekend, to a record high of 92.53 percent, a data showed on Monday. Rates a these levels reflect a certain default. Until the political deadlock between the government and the Imran Khan-led PTI is resolved, the country's sovereign dollar bonds will remain unsecured, analysts say. "The situation on the ground is challenging," said one analyst. But not as serious as the current (CDS) rate suggests.” The margin for any misadventure was certainly slim. are fast disappearing. The central bank's foreign exchange reserves stood at $7.959 billion as of November 11 and are sufficient for less than six weeks of imports. However, foreign exchange reserves are dwindling. As talks with the International Monetary Fund (IMF) on the ninth review of the debt facility stall, its external financing pressures are mounting. The friendly countries have not made any definite pledge of funding. Remittances are the second largest source of income after exports, but they are also declining. Along with deteriorating economic fundamentals, Pakistan's political instability has made foreign debt markets view its bonds as risky and politically volatile for months. But forced to see the unstable sovereign as the market is waiting for the government to make a move to change how foreign investors view Pakistani bonds. First and foremost, Army Chief should be named as soon as possible and without any controversy. As a result, the political environment in the country will become more stable,” the $1 billion payment on the sukuk on December 5 should be made as scheduled. If not, things will spiral out of control. The IMF is currently not providing significant assistance to Pakistan. As Pakistan needs to obtain external financing to service its foreign debt obligations. Therefore, the economy requires full attention. It is therefore important to implement the IMF program in its true sense, to carry out structural reforms, especially in the energy sector, and to enhance the investment climate in the country. The IMF is likely to remain in the programme, which will help Pakistan manage its debt repayments.“However, the economy needs serious reforms to reduce the rising level of debt ie i) Energy conservation, ii) increasing the tax base, iii) focus on exports, and iv) attracting FDI,” R. Ishaq Capital aims to facilitate the business community for economic development, Ishaq Dawpak + Oil prices hit 10-month low on production increase report.Oil prices hit 10-month low on OPEC + production increase report. FDI in Pakistan fell by 62% to 95 million dollars in October. Mean figures show that the country's economy is in a state of uncertainty and stability. The sandwich is made. Many things are out of our control, but many things are Even though we can improve it, we are not doing it. Like political stability. We have to move in the right direction in weeks, not months now, otherwise we will not be able to get out of this situation even if we want to.