Staff-level agreement between the International Monetary Fund (IMF) and Pakistan faces delay and is likely to be finalized in March. A staff-level agreement with Pakistan on the ninth review for a $6 billion loan facility that paves the way for the release of the much-awaited $1.17bn is facing delay despite Islamabad accepting the majority of IMF’s conditions.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

SHC seeks reply over FIA’s action against cryptocurrency

The Sindh High Court (SHC) on Friday sought reply from the secretary…

Inflation results in business decline during Eid-ul-Fitr: Atiq Mir

Traders in Karachi have termed the Eid-ul-Fitr season of 2024 as the…

Rupee continues to sink against dollar

Karachi: The Pakistani rupee’s downfall against the US dollar continued for the…

Ishaq Dar confident of managing external financing for FY23

Islamabad: On Wednesday, Finance Minister Ishaq Dar said that Pakistan was well-positioned…