Explained: Pakistan’s $7 Billion IMF Deal | Shahbaz Rana | Dawn News English
Вставка
- Опубліковано 7 вер 2024
- Business journalist Shahbaz Rana delves into the implications of Pakistan's new IMF deal, offering key insights in a comprehensive video. Discover what this agreement means for Pakistan's economic landscape by watching the full discussion.
---------------------------------------------------------------------------------------------------------------------------
Dawn News English is your window into the latest news, insight, and features from South Asia and beyond.
Official Facebook: / dawndotcom
Official Twitter: / dawn_com
Website: www.dawn.com
Official Instagram: / dawnnewsenglish
#news #latestnews #dawnnewsenglish #dawnnews #imf #pakistan #deal #imfpakistan #business #economy #pakistaneconomy #finance #paksitaneconomy
Background music is irritating and unnecessary
There are 0% reservation in Bangladesh. But Why there are 92% reservation in Pakistan? That's why Bangladesh economy still better than Pakistan
Summary: The Implications of Pakistan's New IMF Deal
1. Introduction to the IMF Program
- The IMF program primarily aims to stabilize Pakistan's economy, affecting its growth and various sectors.
- The program includes financial requirements and conditions for external financing, with total needs estimated between $22 to $25 billion annually.
2. External Financing and IMF Support
- Pakistan requires $65 billion to $75 billion over three years, with the IMF providing $7 billion.
- This IMF support will help Pakistan secure additional loans from other financial institutions and improve its credit rating.
3. Costs and Conditions of the IMF Program
- The IMF deal imposes significant costs on Pakistani citizens, including increased electricity prices and a stringent budget.
- The program includes three types of conditions: prior actions, performance criteria, and structural benchmarks, affecting various economic sectors.
4. Impact on Agriculture and Taxation
- Agriculture, contributing 24% to the economy, is taxed minimally. The IMF proposes aligning agriculture taxes with business income tax rates, significantly increasing the tax burden on this sector.
5. Economic Stabilization and Growth Challenges
- The IMF program aims to stabilize Pakistan’s economy by controlling inflation and interest rates, but this may slow down economic growth.
- Sectors such as industry, services, and wholesale trade will face challenges due to import restrictions and high financing costs.
6. Sustainable Development and Structural Reforms
- The program emphasizes sustainable development, aiming for consistent growth without boom and bust cycles.
- Structural reforms are focused on improving transparency, privatizing profitable entities, and rationalizing tax rates, particularly in agriculture.
7. Long-term Economic Outlook
- Despite the stabilization efforts, Pakistan’s economy is expected to grow only at a modest rate of 3% to 3.5% under the IMF program.
- The focus on reducing circular debt and privatizing loss-making entities is essential but may not address deep-rooted structural issues.
8. Conclusion
- The IMF program brings challenges and opportunities for Pakistan, with stringent conditions to stabilize the economy.
- Successful implementation of the proposed reforms and conditions will be crucial for achieving sustainable economic growth and development.
There are 0% reservation in Bangladesh. But Why there are 92% reservation in Pakistan? That's why Bangladesh economy still better than Pakistan
unncessry backgroud music is irritating a lot
IMF will make sure we take more loans from other countries and banks and move faster towards default!
Better if you have just left this video. At least make the quality better. This is a joke.
What is the music in the background?. Is it some kind of advertisements?.
I could make it better.
cant hear, due to background music, hence shifted to arif lohar channel...sorry
I can't make sense of a single word! SO SAD.
Yaar punjabi ch bol lay… ennhi paidul angreji
There are 0% reservation in Bangladesh. But Why there are 92% reservation in Pakistan? That's why Bangladesh economy still better than Pakistan
Usd to pkr 400
Kya joker Bithaaya Hai ....
🧐 ....
Yeh bihari kaun hai
Bhai theek English bol lo plz kam se kam india k level ki he bol lo 😢