Highlights:
The International Monetary Fund (IMF) has approved a $1 billion loan package for Pakistan as part of its ongoing support to stabilize the country’s struggling economy.
The announcement was officially confirmed by the office of Prime Minister Shehbaz Sharif.
The funding is expected to ease Pakistan’s foreign exchange pressure and help bridge its widening fiscal gap.
On the regional front, diplomatic signals suggest renewed engagement between India and Pakistan on trade and border cooperation.
Analysts believe the IMF assistance could bring short-term economic relief, though long-term reforms remain critical.