IMF: Extra measures needed for Pak budget to meet goals

ISLAMABAD: Additional measures will be needed to bring Pakistan’s budget for FY202223 in line with the key objectives of its IMF programme, the lender’s resident representative in Islamabad said on Monday. Pakistan unveiled a 9. 5 trillion Pakistani rupee ($47 billion) budget for 2022-23 on Friday aimed at tight fiscal consolidation in a bid to convince the IMF to restart much-needed bailout payments. “Our preliminary estimate is that additional measures will be needed to strengthen…