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Pakistan's war on Afghanistan casts shadow over IMF funding

Pakistan's ongoing war with Afghanistan has put its next IMF funding instalment at risk, as the multilateral lender's team visits Islamabad for its third-round review, according to a South China Morning Post report. Increased military expenditure, rising inflation, and a deteriorating investment climate are making it difficult for Pakistan

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International Monetray Fund. File Pic

International Monetray Fund. File Pic

Pakistan's raging war across the border with Afghanistan has put in danger the next instalment of the IMF funding that Islamabad so desperately needs, according to a media article. 

The IMF team is currently visiting Pakistan for its third-round review of the country’s economy, ahead of the next tranche of funding. The team is looking closely at whether the economic decisions that Islamabad is taking meet the requirements that have been fixed by the multilateral lending institution to ensure that Pakistan’s economy recovers so that it is in a position to repay the loans, according to the article in the South China Morning Post.

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