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IMF “Conditionalities” Not New, Just Execution of Passed Legislation, Says Aurangzeb

Summary
ISLAMABAD: The World Bank has directed the State Bank of Pakistan (SBP) and the Ministry of Finance to complete the required actions to fully operationalise the Climate Risk Fund (CRF) and ensure its disbursement to the microfinance sector after the stipulated conditions are met. Official documents revealed that the Bank has rated the overall implementation of the “Pakistan: Resilient and Accessible Microfinance (RAM) Project worth USD125 millio…
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Business RecorderBusiness Recorder

IMF urges Pakistan to cut power sector circular debt

ISLAMABAD: The International Monetary Fund (IMF) has urged Islamabad to shift its focus toward reducing circular debt (CD) in the power sector through deep structural reforms, moving beyond previous flow-containment strategies to address underlying financial distortions. In its staff report on the second review under the Extended Arrangement of the Extended Fund Facility (EFF), the IMF noted that the restructuring of Rs 1.225 trillion in power s…

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Business Recorder broke the news in on Saturday, December 13, 2025.
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