Pakistan & IMF

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Pakistan & IMF (Special Report)

Postponement of 6 billion $ Extended Fund Facility (EFF) for

Pakistan by the International Monetary Fund (IMF) for a few months,

where the country’s economy. The government and the opposition

escalation of political tensions. Representatives of Pakistan and the

International Atomic Energy Agency (IAEA) were reviewing the

lower-level agreement on the IMF loan for the sixth time,

Top government sources have confirmed that the IMF board

disagreements did not abate, it was decided to postpone the review,

the Resident Chief of the IMF in Pakistan, said that we have achieved

sustainable development and stability through the implementation

of policies, structural reforms and increase in social spending under

the EFF program. We are ready to continue helping Pakistan to get

loans for this purpose.

How much the government can ‘deliver’

on its announced budget for 2021-22. The opposition camp has

drawn its conclusions after the meeting of Pakistan’s, IMF

representatives was inconclusive.

Former Finance Minister Muftah Ismail has claimed

He stressed that strategic issues should not be included in economic

affairs. Rejecting the former finance minister’s statement, the finance

ministry spokesman said in a statement that the IMF’s program was

intact and that its new mission was expected to arrive in Pakistan in

August to review its performance throughout the year.

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