Goal missed despite introducing mini-budget, steep currency devaluation

External financing needs to stay over $34b highlighting need for another IMF bailout

For this fiscal year the government had targeted to restrict the pace of inflation at 11.5%

Ministry warns that more shocks will keep debt above 70% until 2026

Provides funds via bank’s Karachi branch due to Pakistan’s poor credit rating

Contrary to assurances given to IMF, summary moved for approve from ECC

Reeling from supply-chain disruptions, high costs, economic slowdown

NA rejects supplementary grant demand for Punjab, K-P elections

Lender says it awaits ‘necessary financing assurances’ to conclude talks

Global lender seeks confirmation for $6b loans that Pakistan urgently needs to bridge the external financing gap