<h1>Rising September trade deficit to $3.34B threatens reserves, currency stability and IMF compliance, risking emergency fiscal and trade measures</h1> A substantial increase in the trade deficit to USD 3.34 billion in September-driven by rising imports and falling exports-heightens legal and sovereign risk by threatening foreign reserve adequacy, currency stability, and the state's ability to meet external debt obligations. The deterioration complicates compliance and review under existing IMF financing arrangements, potentially triggering conditionality enforcement or renegotiation. Persisting goods and services imbalances may obligate emergency fiscal, monetary, and trade measures (including import restrictions, subsidy adjustments, or export incentives), which could prompt administrative rulemaking, contractual disputes, or litigation related to trade policy and creditor claims.