No Result
View All Result
Friday, July 4, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    (Reliance Entertainment)

    Call for ban on anti-Islam Bollywood movie ‘Udaipur Files’

    (Amazon Prime)

    Priyanak Chopra’s ‘Heads of State’: Stream it or Skip it?

    Deepika Padukone
(Image: Instagram.com/deepikapadukone)

    Deepika Padukone joins Hollywood legends with Walk of Fame star

    Image: Facebook

    Adult film star Kylie Page dies of suspected drug overdose

    Mike (Liam Neeson) travels to Nepal to scatter his late brother's ashes on Mt. Everest. When Mike and his mountain guide encounter mercenaries on a tour bus, they are forced to fight to save themselves, the passengers, and the local villagers' homeland. (Courtesy of Vertical)

    Netflix or Amazon Prime: Where will Liam Nesson’s ‘Ice Road: Vengeance’ stream?

    (File Photo)

    Actress Memoona Qudoos speaks out against sexual harassment in showbiz industry

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    (Reliance Entertainment)

    Call for ban on anti-Islam Bollywood movie ‘Udaipur Files’

    (Amazon Prime)

    Priyanak Chopra’s ‘Heads of State’: Stream it or Skip it?

    Deepika Padukone
(Image: Instagram.com/deepikapadukone)

    Deepika Padukone joins Hollywood legends with Walk of Fame star

    Image: Facebook

    Adult film star Kylie Page dies of suspected drug overdose

    Mike (Liam Neeson) travels to Nepal to scatter his late brother's ashes on Mt. Everest. When Mike and his mountain guide encounter mercenaries on a tour bus, they are forced to fight to save themselves, the passengers, and the local villagers' homeland. (Courtesy of Vertical)

    Netflix or Amazon Prime: Where will Liam Nesson’s ‘Ice Road: Vengeance’ stream?

    (File Photo)

    Actress Memoona Qudoos speaks out against sexual harassment in showbiz industry

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Uncategorized

Pakistan could default without IMF bailout loans: Bloomberg

MM News Staff by MM News Staff
May 9, 2023

Pakistan could default without an International Monetary Fund bailout as its financing options beyond June are uncertain, Moody’s Investor Service said.

“We consider that Pakistan will meet its external payments for the remainder of this fiscal year ending in June,” said Grace Lim, a sovereign analyst with the ratings company in Singapore. “However, Pakistan’s financing options beyond June are highly uncertain. Without an IMF program, Pakistan could default given its very weak reserves.”

Pakistan is struggling to restart a $6.5 billion bailout program from the Washington-based lender, which has stalled after the government failed to meet some loan conditions. Political tensions ahead of elections due this year are adding to the risk of a delay in the loan, as former premier Imran Khan is showing no signs of backing down against the government and the powerful military.

Dollar bonds due in 2031 were indicated at 34.58 cents on the dollar on Tuesday near the lowest since November. The rupee has been trading near a record low.

An engagement with the IMF beyond June would support additional financing from other multilateral and bilateral partners, which could reduce default risk, Lim said in an emailed response to questions Monday. Pakistan’s foreign-exchange reserves — which stand at $4.5 billion — remain extremely low and sufficient to cover only about one month of imports, she said.

Pakistan’s gross external financing needs as a proportion of current-account receipts plus usable reserves is estimated to rise to 139.5% in fiscal year 2024 from 133% in 2023, according to S&P Global Ratings.

“We consider the IMF program to be a foundation for important fiscal policy reforms,” said Andrew Wood, a sovereign analyst at S&P in Singapore. “Agreement on the current review cycle could also coalesce more confidence for other bilateral and multilateral lenders to Pakistan.”

ShareTweetSendShare
Previous Post

Pakistan buys Russian oil but sees diversified future

Next Post

Karachi commuters continue to suffer as Peoples Bus Service fails to deliver

Related Stories

file photo
Uncategorized

Federal govt announces public holidays for Ashura 2025

July 3, 2025
File photo
Uncategorized

Punjab finalises new drama act with stricter controls on theaters, performers

July 3, 2025
File photo
Uncategorized

NAB launches probe into illegal hiring, corruption in SPSC

July 3, 2025
File photo
Uncategorized

Monsoon rains 2025: SBCA labels 588 buildings unsafe in Karachi

July 3, 2025
File photo
Uncategorized

Punjab to remove school heads appointed without tests

July 3, 2025
Online
Uncategorized

CM Punjab Maryam Nawaz visits field hospital near Murree

July 2, 2025
File photo
Uncategorized

No Pakistani university among top 350 in QS 2026 rankings

July 1, 2025
File photo
Uncategorized

Sharjeel Memon announces 4,400 new teaching jobs in Sindh

July 2, 2025
Screen grab
Uncategorized

VIDEO: Lahore teacher passes away after suffering heart attack during lecture

July 1, 2025
NADRA logo
Uncategorized

NADRA announces major services update for citizens

July 1, 2025
Next Post

Karachi commuters continue to suffer as Peoples Bus Service fails to deliver

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

Photo credit Aaj News
Weather

NDMA highlights glacial flood risk and climate vulnerabilities

by MM News Staff
July 3, 2025
file photo
Uncategorized

Federal govt announces public holidays for Ashura 2025

by MM News Staff
July 3, 2025
File photo
Uncategorized

Punjab finalises new drama act with stricter controls on theaters, performers

by MM News Staff
July 3, 2025
File photo
Business & Stock

Pakistan’s total liquid foreign reserves surge above $18 billion

by MM News Staff
July 3, 2025
File photo
Uncategorized

NAB launches probe into illegal hiring, corruption in SPSC

by MM News Staff
July 3, 2025

Opinion

Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
munir ahmed oped
“Run Lola Run” – More than a movie to cultural bridging
June 27, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

Photo credit Aaj News
Weather

NDMA highlights glacial flood risk and climate vulnerabilities

by MM News Staff
July 3, 2025

Members of the National Assembly’s Standing Committee on Climate Change visited the headquarters of...

File photo

Heavy rains, flash floods forecast across country during July 6-10

July 2, 2025
Heatwave. File photo

Europe heatwave claims four lives each in Spain, France

July 2, 2025
File photo

Pakistan flash floods, heavy showers kill 64 in a week

July 2, 2025
See all

Prices

File
Business & Stock

Latest prices of Honda motorcycles after new tax imposition

by MM News Staff
July 3, 2025

Atlas Honda Limited has revised the retail prices of its motorcycle range, with the...

file photo

New Suzuki car prices announced after implementation of Budget 2025–26

July 3, 2025
representative image

Latest gold prices in Pakistan today- 3 July 2025

July 3, 2025
Online/File photo

NEPRA approves Rs1.15/unit cut in basic electricity tariff

July 2, 2025
See all

Transport News

file photo
Transport

Helmets made mandatory for motorcycle passengers in Islamabad

by MM News Staff
July 3, 2025

In a bid to enhance road safety, Islamabad authorities have made it mandatory for...

file photo

Pakistan Goods Transport threatens nationwide strike against hike in fuel prices

July 3, 2025
file photo

Pakistan Railways increases fares following hike in fuel prices

July 3, 2025
file photo

Islamabad Police issue traffic plan for today’s Muharram procession

July 2, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.