The International Monetary Fund (IMF) has expressed satisfaction over the measures taken by Pakistan for the revival $7 billion Extended Fund Facility (EFF) stalled for months. According to sources, Pakistan and IMF held virtual negotiations for revival of loan program. During the meeting, the lender expressed satisfaction over the country’s measures, while Pakistan insisted for early finalisation of the staff-level agreement.

Leave a Reply

Your email address will not be published.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

You May Also Like

Two wounded as Hezbollah fires barrage of rockets at northern Israel

Two people have been lightly wounded after Lebanon’s Hezbollah militant group fired…

Türkiye summons Swedish envoy over permission to burn Quran

Türkiye has summoned Sweden’s ambassador to Ankara after the Swedish government allowed…

Myanmar military dissolves Aung San Suu Kyi’s party

Myanmar’s military-controlled election commission announced that the party of deposed leader Aung…

‘Intense talks’ taking place to free hostages held by Hamas: Macron

“Intense talks” were taking place to secure the release of hostages held…