IMF Bailout for Pakistan at Risk Due to Election Delays and Falling Reserves

The IMF review mission will visit Pakistan after new governments are formed, likely in 2-5 weeks after February 8 elections.
The mission aims to finalize a medium-term bailout package as the current $3B SBA expires April 12.
Pakistan's reserves fell to $8.04B; the delayed IMF review puts the next $1.2B tranche at risk.
Doubts over election transparency by US/EU mean the review and a new IMF agreement may be further delayed.
A payments crisis looms if the IMF program completion is delayed due to the new government formation.