IMF urges Western Hemisphere nations to reduce debt and deficits
The international lender warns that policymakers must use current external tailwinds to secure price stability and boost regional productivity.
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The international lender warns that policymakers must use current external tailwinds to secure price stability and boost regional productivity.
The slowdown reflects a complex landscape of commodity dependence and varying positions within the global technology value chain.
The appearance follows a year of two interest rate hikes, including a move in September, as the central bank prepares for upcoming policy meetings.


The IMF stated that tax reform remains central to the Extended Fund Facility objectives to move the country toward a more investment friendly economy.

The IMF official urged reforms to lower formality costs and improve resource allocation as Pakistan seeks to move beyond cycles of economic adjustment.

The International Monetary Fund urges regional leaders to prioritise price stability and support for vulnerable households to manage rising inflation.

The meeting follows a staff-level agreement on a $7 billion Extended Fund Facility and a $1.4 billion Resilience and Sustainability Facility.

The two-day event aims to develop a growth-friendly tax framework by convening international experts and private-sector leaders.

The gap emerged from inconsistent reporting systems between 2020 and 2025, prompting a government investigation into bilateral trade figures.
IMF members discussed how depleted energy and fiscal buffers are creating cracks in global economic resilience.
The committee warned that economic risks remain tilted to the downside as conflicts and trade tensions threaten global food and energy security.

The appointment marks the first time Pakistan will lead these global financial institutions since 1953, highlighting its growing economic influence.

The Finance Minister aims to convert macroeconomic stability into public welfare by prioritising revenue mobilisation and debt management.

The IMF requires legislative changes to state-owned enterprises before a potential board meeting in late November.

The IMF chief stressed that managing AI's potential growth requires global cooperation to avoid widening economic gaps.

The new Public Procurement Rules 2026 aim to boost transparency, addressing prior concerns raised by the IMF.