IMF spots breach of Rs 2tn in Pakistan budgetary estimates

Ahead of its crucial talks with the cash-strapped Pakistan government, the IMF has found an over Rs 2,000 billion (Rs 2 trillion) breach in budgetary estimates for 2022-23 in its initial assessment that might result in escalating the budget deficit and primary deficit targets with a massive margin. Pakistan and IMF officials are scheduled to kick-start parleys from Tuesday for accomplishing the ninth review under the Extended Fund Facility.

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/zMNfDXT