Downside risks for Pakistan remain exceptionally high: IMF

Downside risks for the economy remain exceptionally high, the International Monetary Fund (IMF) said on Friday in its staff report ahead of the government’s talks with the fund on a longer term progamme.

An IMF mission is expected to visit the country this month to discuss a new programme, ahead of the government beginning its annual budget-making process for the next financial year.

“Downside risks remain exceptionally high. While the new government has indicated its intention to...