IMF-World Bank

The government borrowed to meet July payments to the IMF after a deal allowing for new disbursements was delayed

A nine-month bailout package from the IMF gives the country short-term respite from its economic woes

Absent political will for financial reform, the authorities are allowing informal dollarisation to stabilise the economy

The local elections have been postponed again, but the country has now secured its long-sought IMF bailout

Islamabad is still waiting on the latest tranche of its IMF bailout programme

Further fiscal tightening is coming this year to meet the primary deficit target agreed with the IMF

The government has unilaterally announced a moratorium on interest payments on its foreign-denominated debt

Remittances to Latin America and the Caribbean reached USD130bn in 2021, a 26.2% year-on-year increase