Pakistan received final approval for a USD 700 mln disbursement from the IMF, a critical boost for its economy ahead of upcoming elections. Pakistan’s economy is projected to grow by 2% in fiscal year 2024 after a contraction in the previous year. Despite this assistance, financial challenges persist. Interim Finance Minister Shamshad Akhtar has indicated the likelihood of requiring another IMF loan. Pakistan also faces imminent bond dues of about USD 1 bln in April.