IMF Ka Chautha Deadline Gaya, Pakistan Ko Naya Mila
The IMF has proposed a prior action to amend laws governing state-owned enterprises (SOEs) as a condition for the next $1 billion tranche, as the scheduled time for review talks ended on Wednesday. Pakistan and the IMF held staff-level talks from September 23 to October 7, and the IMF had not issued a press statement on the outcome by the time of filing. The IMF has already disbursed $4.2 billion of the $7 billion package.
The Finance Ministry disclosed that public debt of SOEs, excluding contingent liabilities, rose to a record Rs10.1 trillion by December last year, which the article says was 242% or Rs7.1 trillion higher than what was earlier reported by the central bank. Pakistan missed the fourth deadline to bring 9 to 10 laws of SOEs in conformity with the main SOE law; the latest extended date was August 2026.
The IMF asked the Pakistani authorities to align the laws with the SOE Act before mid-November; subject to agreement, its board could meet in late November to approve the next $1 billion tranche under the Extended Fund Facility. Secretary Finance Imdad Ullah Bosal told the National Assembly Standing Committee on Finance that the laws of seven bodies would be amended, among them the Port Qasim Authority, Karachi Port Trust, National Bank of Pakistan and Pakistan Railways.
Arey bhaiya, padosi ke ghar ki baat hai, par humko dilchaspi hai. Pakistan ne SOE ke 9 se 10 qanoon main SOE law ke mutabik banane ki chauthi deadline bhi miss kar di. Latest tareekh thi August 2026. Ab IMF ne kaha hai ki mid-November se pehle align kar do, tab board late November mein 1 billion dollar ki agli kist manzoor kar sakta hai. 7 billion ke package mein se 4.2 billion pehle hi aa chuke hain.
Aur sabse mazedaar baat suniye: SOEs ka public debt Rs10.1 trillion ka record, jo article ke mutabik central bank ke pehle waale figure se 242 percent ya Rs7.1 trillion zyada hai. Matlab hisaab ki kitab mein chhupa hua kamra mil gaya. Humare yahan bhi aisa hota hai, isliye hum hansi nahi udaa rahe, sirf bhai-chaara nibha rahe hain. Par chaar deadlines ke baad nayi tareekh? Yeh deadline nahi, Prachand Chutiya Calendar Management Committee ki sabse popular scheme hai.
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