The International Monetary Fund on Friday welcomed reform progress by Pakistan, saying its policy efforts under the IMF-supported programme have helped stabilise the economy and rebuild market confidence. According to IMF spokesperson and Director of Communications Julie Kozack, Pakistan is currently implementing an Extended Fund Facility (EFF) arrangement and an IMF staff team is expected to visit the country starting February.

Leave a Reply

Your email address will not be published.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

You May Also Like

PM Sharif reaches New York to attend UNGA’s 79th session

Prime Minister (PM) Shehbaz Sharif has reached New York to attend the…

‘Facilitator, handler’ involved in Islamabad suicide attack arrested

Security agencies have arrested two key suspects, a handler and a facilitator,…

World Bank approves $102m for Pakistan’s financial inclusion

The World Bank (WB) on Wednesday approved $102 million in financing for…

Pakistan, Azerbaijan ink MoUs, agree to boost bilateral investment to $2bln

Pakistan and Azerbaijan have signed multiple Memorandums of Understanding and agreements to…