It is reported that Shaukat Tarin, Adviser to the Prime Minister on Finance and Revenue disclosed that an agreement with the International Monetary Fund (IMF) over the renewal of the $6 billion Extended Fund Facility (EFF) had been attained. The formal treaty would be signed later this week, he added. The standoff between the IMF and Pakistan govt broke after both parties agreed on flexibility in their respective stances regarding granting autonomy to the State Bank of Pakistan (SBP).
