IMF and Pakistan Reach Preliminary Deal on Final Bailout Tranche

The agreement aims to prevent a sovereign debt default, with discussions on a new medium-term funding program underway.

IMF announces preliminary agreement with Pakistan for the final $1.1 billion tranche of a $3 billion bailout package.
The agreement follows weeklong discussions with Pakistan's newly elected government, aiming to avert a sovereign debt default.
Pakistan's economic growth is expected to be modest, with inflation remaining well above the target.
Islamabad expresses interest in a new medium-term funding program to address long-standing economic vulnerabilities.
Pakistan's economy faces challenges despite multiple IMF loans, including critical reforms and political instability.