Uncertainty may impede IMF program implementation in Pakistan.

Global rating agency Fitch has said that the political uncertainty arising after the general elections could complicate Pakistan’s efforts to secure a financing agreement with the International Monetary Fund (IMF).

In recent years, Pakistan’s economy has improved. As reported by Fitch, the IMF program can enhance its credit rating. Pakistan and the IMF will face complex issues in the coming years due to political uncertainties, the IMF expressed concern.

According to the research, Pakistan’s foreign currency reserves may rise in the following months as its economy improves. According to the Fitch report. Pakistan will receive only $9 billion in 18 by the end of the current fiscal year.

The report said that the uncertain political situation in Pakistan could complicate the IMF program. According to Fitch, Pakistan’s IMF program will conclude in March and a new one might boost its credit rating.