Archive · 9 Jan 2026

Pakistan Eyes Defense Deals to Reduce IMF Reliance

Pakistan Eyes Defense Deals to Reduce IMF Reliance

Pakistan's economy is facing some tough times.

The country's growth is expected to be around 3%, which is a bit lower than what the International Monetary Fund (IMF) thought.

This is because Pakistan's exports have gone down, especially rice and textiles.

The floods in Pakistan have also hurt the agricultural sector.

Because of these problems, more people might be out of work.

The country is also seeing higher prices for some foods and services.

However, some items like pulses and potatoes have become cheaper.

The World Bank says that international prices for goods have gone down, but Pakistan is still having economic problems.

The defense minister thinks that if Pakistan gets more orders for its JF-17 Thunder jets, the country might not need loans from the IMF.

Pakistan has been talking to countries like Saudi Arabia, Bangladesh, and Libya about buying these jets.

But some people are not sure if this will really help Pakistan's economy.

Sources