2024-05-18 08:43:08
(Internet Desk) Pakistan‘s efforts to get extra loans from the IMF are ongoing, however the Worldwide Financial Fund has stated that it’s untimely to find out a brand new mortgage program because of ongoing negotiations with Pakistan.
In keeping with the report of the English newspaper “Daybreak”, throughout a press briefing in Washington, IFM Director of Communication Julie Kozek confirmed that the delegation of the Worldwide Financial Fund is at the moment in Islamabad, the place they may maintain talks with the Pakistani authorities. doing.
Throughout the briefing, Julie Kozek was requested whether or not these negotiations will end in a staff-level settlement for a brand new mortgage with Pakistan or is that this simply an preliminary go to?
Julie Kozek replied that in response to your query, I wish to say that our delegation is at the moment on a mission in Pakistan and we’ll anticipate them to complete their work after which when the time comes we’ll share the outcomes of the mission. Will inform.
Should learn: 172% enhance in international funding
The Director of IMF Communication additionally knowledgeable the journalists concerning the new developments relating to his delegation in Islamabad.
Be aware that the IMF Government Board accomplished the second evaluate of the Standby Association on April 29, after which a $1.1 billion tranche was launched. The wonderful coverage efforts of the authorities through the completion of the final evaluate helped to stabilize the financial system.
2024-05-18 08:43:08