Posted 4/14/2024, 4:44:00 AM
Pakistan Set for IMF Bailout Tranche, Providing Economic Stability Despite Debt Payments
- Pakistan expected to receive final IMF bailout tranche, providing buffer despite recent bond repayment
- Market sentiment expects rupee to remain stable due to anticipated IMF inflow
- Rupee unlikely to see large fluctuations due to IMF program and positive factors
- Remittances grew, reaching $3 billion, and may lead to current account surplus
- Investor sentiments improved after Saudi Arabia agreed to expedite $5 billion package to Pakistan
