The Pakistan government has rejected the International Monetary Fund’s (IMF) demand for National Finance Commission (NFC) Award revisit. Citing the shortage of federal funds, the IMF asked Islamabad to revisit the NFC Award with the provinces during the second review talks under the $3 billion loan programme under SBA.

 

Leave a Reply

Your email address will not be published.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

You May Also Like

Pakistan makes formal request for fresh IMF package

Pakistan has made a formal request to International Monetary Fund (IMF) for…

Army major among two martyred, three terrorist killed in Harnai IBO

Pakistan security forces gunned down three terrorists in an intelligence-based operation (IBO)…

JCP approves appointment of two ad-hoc judges to SC

The Judicial Commission of Pakistan (JCP) on Friday approved the appointment of…

In meeting with COAS, Egyptian president lauds Pakistan’s ‘contributions’ towards Muslim world

Egyptian President Abdel Fattah el-Sisi met Chief of Army Staff (COAS) Field…