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Your email address will not be published.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

IMF mourns ‘tragic loss’ of life in Israel, Palestine

The International Monetary Fund said that it hoped peace and stability would…

UNSC condemns ‘cowardly’ terrorist attack on school bus in Khuzdar

The UN Security Council strongly condemned the “heinous and cowardly” terrorist attack…

Gaza ceasefire talks under way in Cairo: Sources

Gaza ceasefire negotiations are under way in Cairo, sources told The National,…

Netanyahu says Israel will determine which foreign forces are ‘unacceptable’

Israeli Prime Minister Benjamin Netanyahu says as a sovereign state, Israel would…