IMF Agreement with Pakistan: Pakistan, facing an economic crisis, is now pinning its hopes on the International Monetary Fund (IMF). At the request of the Pakistani government, the IMF delegation has arrived in Islamabad, where officials from both are conducting the 9th review of the $7 billion loan program. Pakistani Finance Minister Ishaq Dar said on Thursday (Feb 9) that there is a final round meeting between them today.
Speaking to the media, Finance Minister Ishaq Dar said: “Our government is making progress on the deal with the International Monetary Fund (IMF) delegation.” Today, the ninth review of the $7 billion loan program between the two is expected to be completed.
Responding to a question about how the discussions with the IMF delegation were going, he said: “Everything is going well. I tell them that our final round is underway. I meet with them (the IMF team) every day and will also meet today “. .
‘Now our hopes can be fulfilled’
Dar said on Thursday (Feb 9): “Our hope can be fulfilled. All matters are expected to be resolved today. We will inform you about it very soon.” The Finance Minister was answering questions from reporters after addressing a conference in Islamabad.
The IMF team is in Islamabad for a week
Let us tell you that the IMF delegation had arrived in Islamabad last week, since then the Pakistani government is looking at the green signal for the loan.
PM had said: we have no other way
Earlier, Pakistani Prime Minister Shehbaz Sharif had described the conditions of the International Monetary Fund (IMF) as “beyond imagination”. He had said that such conditions have been placed on us, which are difficult to fulfill, but we have no other way out.
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