Overview

• The IMF's latest funding is crucial for Pakistan to avoid a sovereign default as it concludes a $3 billion standby arrangement.
• Prime Minister Shehbaz Sharif asserts the tranche will bolster economic stability, amidst talks of a new, substantial IMF loan.
• Experts emphasize the need for deep structural reforms in Pakistan to ensure sustainable economic recovery.
• The new funding follows a series of discussions and agreements aimed at securing Pakistan's financial stability.
• Pakistan eyes a new long-term IMF loan to support macroeconomic stability and implement necessary reforms.