IMF, Pakistan Reach $1.2B Deal Pending Approval

By BPN News Desk October 15, 2025

International

The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement to unlock $1.2 billion in funding. The package includes $1 billion under the Extended Fund Facility (EFF) and $200 million under the Resilience and Sustainability Facility (RSF). Final disbursement depends

Op-Eds Opinion

Begging Bowls and Boastful Speeches: Pakistan’s UNGA Hypocrisy

By BPN News Desk September 27, 2025

Shehbaz Sharif’s performance at the UN General Assembly this year was a textbook example of Pakistan’s foreign policy in action — loud, theatrical, and hollow. Standing at the world’s most important diplomatic forum, the Prime Minister of a debt-strangled country declared that Pakistan had downed seven Indian jets, glorified Operation Sindoor, thanked China, Turkey, Iran

Finance

India Communicates Challenges in Reducing Fiscal Deficit to 3% of GDP to IMF

By BPN News Desk February 28, 2025

The Indian government has conveyed to the International Monetary Fund (IMF) that reducing the fiscal deficit to approximately 3% of the Gross Domestic Product (GDP) presents significant challenges. This communication underscores the complexities involved in achieving such a fiscal target. In a recent report, both the IMF and the Indian government acknowledged the necessity

Finance

Former IMF Executive Director Advocates for Personal Tax Reductions in India

By Editor - News Desk January 28, 2025

Former Executive Director of the International Monetary Fund (IMF), Subhash Chandra Garg, has called for a reduction in personal income tax rates in India, emphasizing that the current tax burden on individuals is excessively high. He suggests that the government should prioritize tax relief for individuals over corporations, noting that while corporate tax rates have […]