IMF

KSE-100 index loses 59 points, or 0.09% WoW, closes at 62,943.75

Upcoming govt may opt for old solutions, avoid politically tough decisions

Political fragmentation may hinder austerity measures and IMF negotiations, impacting bond markets and FX reserves

Advises gradual rise of short-term rates as economy recovers

SBP attributes decrease to debt repayment; rupee appreciates slightly

Benchmark index stood at 62,760 points, experiencing a net loss of 2.16%

Stresses need to address sustainability of Pakistan’s debt

Become world’s best-performing driven by high hopes ahead of new govt

Pakistan is obligated to repay $77 billion over the next three years

Strategy aims to maintain policy rate amidst IMF concerns