The International Monetary Fund (IMF) said it held constructive talks with authorities in Pakistan on economic policy and reform efforts to reduce vulnerabilities during an unscheduled staff visit. The unusual visit from Nov 12 to Nov 15 discussed a $7-billion bailout within six weeks of its approval by the IMF board, but came too early for the first review of the Extended Fund Facility (EFF), due in the first quarter of 2025.

Leave a Reply

Your email address will not be published.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

You May Also Like

Karachi Independence Day aerial firing leaves three dead, 82 injured

Independence Day celebrations in Karachi turned tragic as celebratory aerial firing claimed…

Pakistan ‘fails’ to convince IMF to reduce stationery taxes

Pakistan’s virtual negotiations with the International Monetary Fund (IMF) to reduce taxes…

Renowned literary figure Dr Arfa Sayeda Zehra passes away

Renowned literary figure and educationist Dr Arfa Sayeda Zehra passed away on…

Eidul Fitr 2024: Govt announces 4-day public holiday

The federal government on Wednesday announced a five-day holiday for the occasion…