Pakistan is facing various economic losses due to the delay in the staff level agreement with the International Monetary Fund (IMF).

Current 20 percent against sources Profit description It is likely to increase further. The Monterey Policy Committee will make a decision on April 4.

It should be remembered that on March 8, the government had signaled a further increase in interest rates on the request of the International Monetary Fund (IMF). The government borrowed from banks at an interest rate of 21 percent, while the base interest rate currently stands at a high of 20 percent.

What is the obstacle to an agreement between Pakistan and the IMF?

According to experts, the increase in the interest rate on the government debt is an indication of the increase in the policy rate in the future. It should be remembered that the IMF has also demanded to increase the interest rate further.

On the other hand, the value of the dollar has increased by more than 100 rupees in one year, while the inflation is increasing, there is a fear of further decline in the value of the rupee against the dollar. Inflation has already reached a 50-year high of 31.5 percent.

It should be noted that the 10th and 11th economic reviews with the IMF are also delayed due to the delay in the agreement and the budget for the new financial year is also uncertain.