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How will Pakistan's foreign exchange reserves change by December 31, 2024, due to the IMF loan agreement?
3
Resolution / Starting Odds
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease • 25%
No Change • 25%
Reports from the State Bank of Pakistan or IMF
Story
Pakistan Secures $7 Billion, 37-Month Loan Deal with IMF
Jul 12, 2024, 11:10 PM
Pakistan has reached a new $7 billion loan agreement with the International Monetary Fund (IMF). The deal, which includes a staff-level agreement, is designed to provide financial support over a 37-month period through an Extended Fund Facility (EFF) amounting to SDR 5,320 million. This agreement aims to help Prime Minister Shehbaz Sharif's government stabilize the country's faltering economy and manage its mounting debts. The new loan follows the final $1.1 billion tranche of a previous $3 billion bailout.
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Less than $650 billion • 25%
$650 billion to $660 billion • 25%
$660 billion to $670 billion • 25%
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$650 billion to $660 billion • 25%
$660 billion to $670 billion • 25%
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$700 billion - $720 billion • 25%
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No impact on deal • 33%
Deal renegotiated • 33%
Deal cancelled • 34%
Strengthened relations • 25%
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Other • 25%
Significant increase in investment • 25%
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Less than $570 billion • 25%
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$580 billion to $590 billion • 25%
More than $590 billion • 25%