IMF keeps Pakistan bailout on trackPublished on: May 21, 2026 7:40 AM
Pakistan, May 21 -- Pakistan's $7 billion International Monetary Fund (IMF) bailout program remained on track despite delays in reforms tied to the country's planned sovereign wealth fund, according to the lender's latest review released this month, which described the missed benchmark as the result of extended technical consultations. The reforms relate to the Pakistan Sovereign Wealth Fund (PSWF), a state-owned investment vehicle Islamabad hopes will help attract foreign investment and improve the management of some of the country's largest public-sector companies. The IMF, however, has pushed Pakistan to narrow the fund's powers and strengthen governance safeguards before it becomes operational. Pakistan enacted the sovereign wealth fu...
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