Pakistan USD bonds and stocks have experienced an upward trend due to growing optimism about the potential resumption of its USD 6.7 bln bailout program with the IMF. Bonds due in April 2024 have seen a seven-day gain, reaching their highest since February. Pakistan is making a final push to revive its IMF loan program before its expiry at the end of June, a crucial step in averting a sovereign default as it faces about USD 22 bln of external debt payments for FY24.