Karachi: The International Monetary Fund (IMF) has reached a staff-level agreement (SLA) with Pakistani authorities on the third review of the Extended Fund Facility (EFF) and the second review of the Resilience and Sustainability Facility (RSF), signaling a positive step towards macroeconomic stability for the nation. However, the ongoing conflict in the Middle East poses a potential challenge to the economic outlook.
According to AKD Securities Limited, the IMF recognizes that Pakistan's current economic policies continue to bolster the economy and restore confidence. The organization stresses that a resolution to the Middle East conflict would significantly refocus investor attention on Pakistan's macroeconomic stability.
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