That Pakistan has persuaded the IMF not to freeze salaries and pensions seems positive, though the accompanying condition that this will not be allowed to increase the deficit, makes it all the more difficult. That has made nonsense of the previous agreements with the IMF based on a reality that no longer exists. This may be why the IMF has agreed to an increase in salaries. While the Pakistani side has got the IMF to agree to let it raise salaries and pensions, it has in exchange agreed to a revenue target that might balance the books. However, there are two big question marks about the revenue target.

Source: Pakistan Today June 10, 2020 17:28 UTC