national of pakistan airline ,PIA) Sold due to long running of losses. arif Habib The group made the highest bid of Rs 135 billion. Pakistani by investing Rs. PIA Have purchased. lucky cement Rs 101.5 billion more airblue Made a bid of Rs 26.5 billion. PIA owned 75 percent of the shares auction Had started.

How much will the airline’s revamp cost?

national of pakistan airline of auction 92.5 percent of the total money received from airline Will be spent on improvement. Pakistani Newspaper don According to the report of PIA currently has 32 aircraft, in which airbus A-320, boeing 737, airbus, A330 And boeing like 777 model Are included. flights lack of, bad management And because of things like huge debt PIA His condition worsened.

Pakistani ministers are fooling the public

On one hand Pakistan’s day by day circumstances Bat While it is getting worse, the minister is leaving no opportunity to fool the public. Pakistan Finance Minister Muhammad Aurangzeb Prime Minister’s Assistant and his team auction Said thanks for the process. He said, ‘It took a lot of time and hard work to reach where we are today. PIA All the people bidding are from Pakistan.

‘Auction will increase foreign investors’

Aurangzeb expressed hope that this auction This will increase the number of local investors, which will also increase the number of foreign investors coming to the country. PM Shahbaz Sharif’s advisor expressed hope that PIA Of Privatization This will open new avenues of investment in the country. PIA of Privatization of the committee advisor Muhammad Ali told that the objective of the government PIA Not just to sell it, but to make it self-reliant and strong.

PIA of this Privatization IMF K7 billion of dollars bailout This is an important part of the program, under which Pakistan has to accept the condition of selling or reforming loss-making government companies. IMF wanted that PIA should be completely privatized, so that the government or the army does not have control over it.

IMF on Pakistan Economy: The economic plight of the neighboring country Pakistan is no longer hidden from anyone. The economy of neighboring country Pakistan has been facing serious crisis for a long time due to continuously increasing debt, falling currency, inflation and sharp decline in investment. Meanwhile, the International Monetary Fund (IMF) in its latest assessment has once again presented the real situation of Pakistan before the world.

IMF exposed

According to the IMF, Pakistan may have achieved short-term stability, but its economy is still badly affected by serious factors such as heavy debt pressure, weak investment climate and sluggish employment growth. This report came out when IMF announced to release a new installment of about 1.2 billion dollars to Pakistan.

The IMF estimates that Pakistan’s economic growth could reach 3.2 percent in 2025-26, which is slightly better than 2.6 percent in the previous fiscal year, but this growth is almost equal to the population growth rate of Pakistan’s population of more than 240 million — about 2.55 percent.

slow pace of per capita income

In such a situation, the pace of economic improvement on the basis of per capita income appears to be very slow. At present, Pakistan’s per capita income is around $1,677, which shows a situation of economic stagnation rather than stability.

At the same time, the severe inflation of 23.4 percent in 2023-24 has definitely come down to 4.5 percent in 2024-25, but IMF estimates that it may increase to 6.3 percent in 2025-26. Rapid population growth, limited resources and political instability are deepening Pakistan’s economic challenges, making the country’s financial revival look extremely difficult.

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Pakistan’s economic condition has now deteriorated so much that it has to sell its government airline Pakistan International Airlines (PIA). Prime Minister Shehbaz Sharif has announced that the auction of this airline will be shown live on 23 December 2025. This decision has been taken in view of the strong pressure from the IMF and the tough conditions of the bailout package.

Four big names are involved in the race to buy PIA. Among these four, the most talked about is Fauji Fertilizer Company, which is directly linked to the Fauji Foundation, which is under the influence of the Pakistani Army. Considering the deep hold of the army in Pakistan’s politics and economy, it is believed that ultimately this airline may fall into the hands of the same group. The remaining contenders also include Lucky Cement Group, Arif Habib Corp and Air Blue Limited. This is the first time that Pakistan will show the bid of a government airline live publicly.

Economy survived only on IMF’s terms

Pakistan has been running on debt after debt for the last several years. In 2023, the country was almost on the verge of bankruptcy. Defense expenditure continued to increase and revenue continued to decline. The number of loans taken from IMF has exceeded 20, while the country’s own economic capacity is very low. IMF approved a bailout package of $7 billion, but kept the condition that Pakistan should reform government companies, reduce losses and privatize sinking companies like PIA.

How did PIA collapse?

PIA, which was once respected internationally, went into the depths of ruin due to its own mistakes. In 2020, it was revealed that the licenses of almost one-third of Pakistani pilots were fake or doubtful. After this revelation, Europe, Britain and America banned PIA flights. Along with this, corruption, political interference, kinship-based recruitment and crowding of non-essential employees completely ruined the airline. This company, which incurs losses of billions every year, became the biggest economic disease of Pakistan.

countries in debt

Pakistan has now reached a point where it has to take new loans even to repay the old loans. In such a situation, privatization of PIA has become a compulsion for it. Apart from fulfilling the conditions of IMF, Pakistan does not see any other option. In the coming years, it will be seen whether the country is able to stop its economic decline after selling PIA or not.

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The world economy is going through a more difficult phase in 2025 than before. The latest report of the International Monetary Fund shows that the debt of governments is continuously increasing globally and this danger may deepen in the coming years. According to the IMF, by 2030 the world’s total public debt could be almost equal to the global GDP, which is a sign of great concern for any economy.

In this report, IMF has also released the list of those countries which have the highest debt compared to their economic capacity. This list is based on the ratio of GDP, which shows how heavy the debt burden of a country is compared to its economy.

Japan is the world’s most indebted country

Japan is again at first place in the IMF report. Its economy is definitely developed, but the debt burden has increased so rapidly that it has now reached close to two and a half times its GDP. Japan’s aging population, increasing expenditure on health facilities and slow economic growth are considered to be the main reasons behind this situation. Japan’s total debt is 1,080.1 billion dollars.

Sudan conflicts shatter economy

In second place is Sudan, where continuous conflict, political instability and a broken system have further increased the financial crisis. Due to war and economic chaos, the debt burden on the government increased rapidly and it became one of the most indebted countries in the world. Sudan has 221.5 percent debt.

Singapore is a rich country, but heavily indebted

Singapore, which is in third place, is economically strong, but a large part of the debt here is related to investment. The government raises funds through its long-term projects and bonds, which is why its debt rate compared to GDP appears very high, which is 175.6 percent of GDP.

Greece is still suffering from the old recession

Greece’s financial crisis in Europe is still not over. Since the recession of 2010, Greece has been continuously trying for economic reform, but due to lack of balance between expenditure and development, it is still included in the high category of debt. Greece has 147.7 percent debt.

Bahrain oil dependence and declining income

This small country in the Middle East has been dependent on oil for revenue. As global oil prices fell, Bahrain’s financial health weakened and debt began to grow rapidly. This is the reason why it reached the top in the list of global debtor countries. Bahrain has a debt of 142.5 percent of total GDP.

Italy slow economy and increasing burden

Italy, one of the major economies of Europe, has been facing slow pace of development for years. The impact of challenges on the employment, industry and investment fronts is visible on its financial condition and debt is eating up a large part of its GDP, which is 136.8 percent.

Maldives tourism crisis worsens the situation

The economy of Maldives, famous for its marine beauty, is based on tourism and the decline in this sector has pushed the country towards debt. It also had to continuously take external loans for development projects. Maldives has a debt of 131.8 percent of GDP.

America is the world’s largest economy, but troubled by debt

The United States has a huge economy, but debt has increased rapidly due to government spending and political differences. America’s debt has become equal to a large part of its GDP and this is also considered a matter of concern for the world economy. The US government has a debt of 125 percent of the total GDP.

The huge cost of Senegal’s development plans

The African country Senegal wants to develop rapidly, but big projects and external borrowings have weakened its economic health. For this reason, Senegal has also started being counted among the countries with heavy debt. Currently, Senegal has a debt of 122.9 percent of total GDP.

France high public spending and low growth

France’s position among the big countries of the European Union is also not very strong. Due to huge expenditure on health, social security and other schemes, its financial position has come under pressure, while due to slow growth rate, debt has continued to increase. According to IMF, France has a debt of 116 percent of total GDP.

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Pakistan’s efforts to manage its economy have suffered a major setback. The International Monetary Fund (IMF) has raised serious questions on the functioning, transparency and structure of Pakistan’s Special Investment Facilitation Council (SIFC). This council was formed under the leadership of Army Chief Field Marshal Asim Munir, so that foreign investment could be brought into the country, but according to the IMF, it has not yet been able to achieve its goals.

IMF’s displeasure
The IMF has demanded from the Pakistan government that the annual report of SIFC should be made public, in which it should be clearly stated how many investments it brought and on which projects work was done. IMF says that this institution is working without any constitutional status and is not capable of taking responsibility for its decisions.

SIFC failed on foreign investment
Even after three years, SIFC has failed to bring any major foreign investment. Many foreign companies have closed their businesses from Pakistan, which include big companies like Pfizer, Procter & Gamble, Shell, Telenor, Careem, Sanofi-Aventis, and Eli Lilly.

Concern over increasing military interference
The role of the army in SIFC is quite prominent. IMF and economic analysts have expressed concern about this. He says that if wrong economic decisions are taken then no organization will take responsibility for it.

economic condition of pakistan
After the departure of Imran Khan government, Pakistan’s economy is continuously becoming weak. Inflation is increasing in the country, foreign exchange reserves are decreasing and the rupee is continuously weakening.

SIFC official himself admitted shortcomings
Council’s National Coordinator Lieutenant General Sarfaraz Ahmed has also admitted that policies like heavy taxes and super taxes are hindering economic development. He said that Pakistan will have to improve its economic model and investment policies.

Now what next?
SIFC was created to bring foreign investment so that there is speed and transparency in decisions, but now after the displeasure of IMF, there is pressure on the Pakistan government to make major reforms in this institution or change it completely.

• America with 31.82 trillion dollars
• China with 20.65 trillion dollars
• Germany with 5.32 trillion dollars
• India with 4.5 trillion dollars
• Japan with 4.46 trillion dollars
• United Kingdom with $4.22 trillion
• France with 3.55 trillion dollars
• Italy with 2.7 trillion dollars
• Russia with 2.5 trillion dollars
• Canada with $2.42 trillion
• Brazil with $2.29 trillion
• Spain with 2.04 trillion dollars
• Mexico with $2.03 trillion
• Australia with $1.94 trillion
• South Korea with 1.93 trillion dollars
• Turkey with 1.57 trillion dollars
• Indonesia with 1.55 trillion dollars
• Netherlands with $1.41 trillion
• Saudi Arabia with $1.31 trillion
• Poland with $1.1 trillion

Trump gets angry again… warns countries doing business with Russia, says very strict laws are being made

The International Monetary Fund (IMF) has given a big blow to Bangladesh. The organization has made it clear that it will not release the sixth installment of the loan until a new government is formed in the country. The interim government formed after last year’s coup in Bangladesh is currently in power, while elections are to be held next year. In such a situation, this decision of IMF can affect the country’s economy.

Help of 5.5 billion dollars was received in 2023
Bangladesh had sought help from IMF in 2022 amid economic pressure. In January 2023, the organization had approved a package of $4.7 billion, which was later increased to $5.5 billion. So far the country has received five installments of $3.6 billion. 800 million dollars (about Rs 6,720 crore) were to be released as the sixth installment, but the IMF has stopped it for the time being.

IMF sought assurance from the new government
IMF says that the next installment of the loan will be given only after talks with the new government. The organization wants to ensure whether the incoming government will continue the existing economic reform programs or not. The IMF is worried that the policies of the new government may change, so it does not want to release the funds in a hurry.

Bangladesh Bank said – ‘The situation is stable’
Bangladesh Bank Governor Dr. Ahsan H. Mansoor said that the country’s foreign exchange reserves are stable and there is no fluctuation in the dollar rate. He said that IMF support is necessary, but even if the installment is not received now, the country can manage its economic situation.

Experts said – IMF is putting pressure
Economic experts believe that the IMF is taking this step to put pressure on implementing its conditions. Earlier also IMF had adopted such strategy before elections. According to sources, this decision is also to send a message to the world that Bangladesh is not following all the policies of the IMF.

Review will be held in Dhaka from October 29
An IMF delegation will reach Dhaka on 29 October. This team will meet government institutions for two weeks and prepare a report. This report will decide whether the installment will be released or not. At present, Bangladesh’s foreign exchange reserves are at $32.14 billion and there is an improvement in exports and expatriate earnings.

After the overthrow of Sheikh Hasina government in 2024, the interim government of Mohammad Yunus was formed in Bangladesh. Now general elections are expected to be held in the country in 2026. This decision of IMF can have a big impact on the economic policy of the new government.

Pakistan is going to get another big loan. On Wednesday (October 15, 2025), the Pakistani government and the International Monetary Fund (IMF) reached agreement on a staff-level agreement (SLA) on loan programs, paving the way for Pakistan to access a loan of US $ 1.2 billion.

According to PTI report, IMF will give one billion US dollars to Pakistan under its Extended Fund Facility (EFF) and after approval from the Executive Board of IMF, Pakistan will also be given $200 million under Resilience and Sustainability Facility (RSF). In this way he is going to get a total of 3.3 billion dollars.

The IMF mission led by Eva Petrova completed negotiations last week with Pakistani officials on the second review of the EFF agreed in 2024 and the first review of the RSF climate loan agreed this year. However, the mission returned from Pakistan without signing the staff level agreement.

Eva Petrova said in a statement issued on Wednesday (October 15, 2025) that the staff-level agreement is subject to the IMF’s Executive Board for approval. “With EFF’s support, Pakistan’s economic program is strengthening macroeconomic stability and regaining market confidence,” he said.

Noting the progress made on Pakistan’s policy priorities, he said, ‘Officials reaffirmed their commitment to EFF and RSF-supported programs and to maintaining sound and prudent macroeconomic policies while pursuing ongoing structural reforms.’

He said the State Bank of Pakistan (SBP) is committed to a prudent monetary policy stance to ensure that inflation remains within the target range of 5-7 per cent. On the issue of cyclical debt for the power sector, Eva Petrova said Pakistan is committed to curbing its accumulation through timely tariff adjustments, which will ensure cost recovery and maintain a progressive tariff structure.

IMF on India’s GDP: At a time when the world’s economic growth is slowing down, India’s GDP is growing strongly. This has been approved by Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). He said that at a time when many big economies of the world are facing challenges, India is playing an important role in global economic development.

During the annual meeting of IMF and World Bank held in Washington, Georgieva said that India’s strong economic policies and reformative steps have made it one of the fastest growing economies of the world.

The world recognized India’s iron power

Georgieva said that before the Corona epidemic, the global economy was expected to grow at the rate of 3.7 percent, but now it is limited to about 3 percent. He said that the last few years have seen a huge change in the global economic pace – while China’s economy slowed down, India’s has accelerated its pace. He further said that India has proved the doubters wrong on the basis of strong reforms and consistent policy efforts.

What does the latest estimate of IMF say?

According to the latest IMF estimates, India will remain the world’s fastest growing economy in the coming years. The organization says that India’s GDP can grow at the rate of 6.4 percent in the financial years 2025 and 2026.

IMF has increased India’s growth rate forecast. Earlier in the report released in April 2025, India’s growth rate was said to be 6.2 percent in 2025 and 6.3 percent in 2026 respectively. In comparison, China’s economy is projected to grow by 4.8 percent in 2025 and 4.2 percent in 2026.

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The world economy is currently going through a difficult phase. International Monetary Fund (IMF) Managing Director Kristalina Georgieva recently warned that ‘uncertainty has now become the new reality, so everyone should tighten their belts.’ Within 48 hours of his warning, US President Donald Trump threatened to impose up to 100% import duty on products coming from China.

This step has been taken in response to restrictions on the export of ‘rare earth minerals’ by China. After this announcement, sharp fluctuations were seen in the global markets, which further increased the concern of investors. These developments are taking place at a time when the annual meeting of the IMF and the World Bank is going to be held in Washington, in which the Finance Minister and the Central Bank Governor will review the global economic situation.

Despite shocks, global economy shows resilience
In her prepared speech, Kristalina Georgieva said that despite several shocks at the beginning of this year, the world economy has shown strength. Anticipating Trump’s possible policies, companies had made changes in their supply chains, thereby averting a large-scale trade conflict. Many countries chose strategic agreement instead of confrontation with America.

New trade policies and geopolitical tensions become challenges
However, the new tariff dispute between America and China makes it clear that trade risks are still not over. According to the report of the United Nations Conference on Trade and Development (UNCTAD), global trade increased by more than $ 500 billion in the first half of 2025, but increasing uncertainty and geopolitical tensions remain a major challenge for developing countries. Meanwhile, strategies like ‘friendshoring’ (increasing trade with trusted partners) have also emerged, due to which the global trade structure is changing rapidly.

Rapidly increasing investment in AI
Markets around the world are witnessing tremendous investment in companies related to artificial intelligence (AI), especially in data centers, semiconductors, servers and telecom equipment. According to WTO data, 20% of the growth in global trade in the first half of 2025 was due to AI-related goods, the majority of which went to the US from Asia.
However, experts have warned that this rally could take the form of artificially inflated valuations. The Bank of England has said that if the expectations related to AI are not met then there could be a sudden big fall in the market. IMF chief Georgieva has compared the current situation to the dot-com bubble of 2000.

Uncertainty increased due to American policies
The Trump administration’s use of import tariffs as an ‘economic weapon’, unfunded tax cuts and challenging institutions like the US Federal Reserve – all these together are raising questions about the credibility of the US economy. So far the markets are bearing these shocks, but any loss of confidence at any time can affect the dollar and its related assets.

Georgieva’s message ahead of the IMF-World Bank meeting in Washington is clear that the world economy is facing threats from many fronts, be it trade tensions, political conflict or a possible AI investment bubble. The IMF chief clearly said that the coming months will be the real test of global economic stability. Investors, governments and businesses will have to exercise caution and vigilance, because economic flexibility also has a limit.